How does the concept of "fee estimation" play a role in determining transaction fees in the Bitcoin network?

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How does the concept of "fee estimation" play a role in determining transaction fees in the Bitcoin network?

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Kelvindhope · Answer 1 · 2024-03-20T17:13:43+0000

Fee estimation is a crucial aspect of determining transaction fees in the Bitcoin network. It involves predicting the appropriate fee amount that users should include in their transactions to ensure timely_

How does the concept of "fee estimation" play a role in determining transaction fees in the Bitcoin network?

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1 Answer

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