Ethereum: When using bitcoin-cli I get an error regarding fallback fees when trying to send regtest Bitcoin. How do I resolve this?
Error Error Ethereum Bitcoin-Cli
When you dive into Bitcoin and Ethereum in the world, you may have come across a mistake when using the command line interface in Bitcoin-Cli. More precisely, you are facing an extraordinary cost problem with regular transactions (“Sendtoaddress”). In this article, we will help you solve this problem.
Rescue costs: Brief explanation
Bitcoin and other “removal costs” in other blockchain networks are a mechanism to manage cases where the network is overloaded or has a high block reward rate. These charges can have a significant impact on the total cost of transactions, especially for regular employees as “Sendtoaddress”.
Error message
When you run this command:
`bash
Bitcoin -Cli -Regtet Sendtoaddress
'
To reduce the cost of the transaction, you should see an error message indicating that extraordinary costs are used. An error message may look like this:
'
Error: Removal Cost: $ 3.00 (0.0001 BTC) concludes, residual balance: 2,99
'
Causes of error
There are several reasons why you may face an emergency cost problem with "Sendtoaddress". Here are some possible causes:
1
High level of block reward : If the network is a congestion or has a high level of block reward, it can lead to an increase in the cost of the transaction.
- Low switch
: Insufficient means in your Bitcoin portfolio can cause higher costs.
3
Regtest Mode : ExecutingBitcoin -CliRegtest mode ( -Regest), the cost of withdrawal is activated by default.
Error resolution
To solve this problem, try the following:
- Check your portfolio scale : Make sure your Bitcoin wallet has enough funds to cover extraordinary costs. You can check the balance using:
bash
Bitcoin -Cli -Regtet Wallet 0.
'
- Adjust your wallet settings : If you run Regtest mode, try customizing your wallet settings by modifying the "Regtest.conf" file (available in Linux and MacOS). Look for the following options:
- Wallet.icher
: Set it to" 2 "or" 1 "to deactivate extraordinary costs.
- Wallet.fallbackFee
: Set it to a lower value to reduce the cost of transactions.
Here is an example of how to modify Regtest.Conf file Linux and MacOS:
bash
Linux (eg ubuntu)
nano /etc/regtest.conf
[Safe]
Ticker = 2
Fallbackfee = 0.0001
'
3
Transform "Regtest"
: Use indicator '-Regtest' to execute "Bitcoin-Cli" with deactivated emergency costs:
bash
Bitcoin -Cli - Regtest Sendtoaddress
'
- Check portfolio corruption : If none of the above steps are solved by the problem, try to restart your wallet or check its integrity using:
bash
Bitcoin -Cli -Regtet Walthecheck 0
` ‘
When performing these steps, you should be able to resolve an emergency cost error and successfully send transactions with Sendtoaddress Bitcoin-Cli.
