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      "body": "Congratulations @phanideep16! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@phanideep16/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@phanideep16) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=phanideep16)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "permlink": "how-to-set-fee-for-a-bitcoin-transaction",
      "title": "How to set fee for a BitCoin transaction",
      "body": "To make a bitcoin transaction successful, one need to set a transaction fee.  This transaction fee goes to the miners who verify/certify the transaction to make it permanent. If one gives low transaction fee, the transaction will take ages to get confirmed or worst case might never go through and if one gives higher than what it is required, (s)he is loosing money. So the real question which every user faces is how much fee to  set  for each transaction? \n\nTransaction fee is measured in sat/b. The actual cost will depend on the size of the block and type of transaction. Below are few ways to determine best possible lowest transaction fee: \n* [Blockchain Wallet](https://blockchain.info/wallet/)\nBlockchain wallet has a feature which decides automatically based on the status of the current mining of the blocks and determines the fee that one needs to set for the transaction to be successful. This is best feature for a newbie or a person who doesn't like to get much into details. It gives an option for the users to change the fee as well, with **Customize fee** option. \n![Bitcoin.PNG](https://steemitimages.com/DQmVE8ppY4VnrXWjg8mmhjvJ6qnQUcYBmCEHUAPFEyU2csi/Bitcoin.PNG)\nThe default option is **Regular (Reg)** which will take more time but the transaction will be confirmed.  **Priority** means the transaction will confirmed sooner. One can choose any value between these values to me more confident about the confirmation of their transaction.  \n\n* [bitcoinfees.21.co](https://bitcoinfees.21.co/)\nBitcoinfees.21.co, has real time information of the transactions that are being processed with respect to their corresponding transaction fee. From this graph one can deduce the time taken by a transaction to be successful based on the transaction fee. \n![21.co.PNG](https://steemitimages.com/DQmNXvNWVrP8xEy7kj6mnn1MhZSEfbQ1joRDsgzUxkzCzWC/21.co.PNG)\nBelow their real time graph they also indicate a price with which one can get fastest confirmation with lowest price. The corresponding value in the above shared picture is 130 sat/byte. One will be better off even with using half of what is shown here, as the transaction will be confirmed with a time delay. \n\n* Manual way to determine the best and lowest transaction fee is to utilize [Blockchain.info](https://blockchain.info/), to view the latest mined block. On the landing page, one can see all the transactions associated to that block. Scroll down and click through few transactions to make an observation on the transaction fee. One can set a transaction fee nearby those values for a successful transaction. This is more of a trail and error method and needs to be done on practice with patience. \n\nThese are the ways that use to determine the transaction fee to make a bitcoin transaction, if you are aware of any better method to do the same, let me know in the comments.",
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      "permlink": "upcoming-hard-forks-oct-nov-2017",
      "title": "Upcoming Hard forks  - Oct, Nov - 2017",
      "body": "Each cryptocurrency runs on its own code called as *blockchain*. Like any other software program these codes can be altered/upgraded to take the currency to next level for greater good. When such  a change occurs, they can be either compatible with the older versions or not compatible with older and may require newer versions. The changes which are compatible with the older versions are called as **Soft Forks** and the changes which will require everyone to update to newer versions are called **Hard Forks**. \n\nWhen a *Hard Fork* occurs, if miners decide to continue using the older versions instead of newer versions, it will lead to birth of a new  cryptocurrency.  This is the backstory for the reason of existence of **Bitcoin Cash** which came from a hard fork of *Bitcoin* and **Ethereum Classic** which came from a hard fork of *Ethereum*. Few upcoming Bitcoin Hardfork in coming weeks are: \n\n![CoinGecko.png](https://steemitimages.com/DQme1XavZ1KMeQz2HFScx6njtqqniK5xbnFhVtYDJyy2YVY/CoinGecko.png)\n\nAfter the HardFork, a each coin holder will get the new currency equal in quantity as their old currency. For example, if you have 0.1 BTC in your wallet at the time of Hard Fork of Bitcoin, you will get 0.1 BitCoin Gold after the Hardfork. This is free cash to the coin holders. Hence, my hunch is many are showing interest in holding the coin which is leading to the increase in demand for the coin, which is in turn increasing the  price of the Bitcoin. \n\nPS: These are my (non technical) views and please let me know your comments \nImage Credits: *CoinGecko*",
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}