Minimum Realy Fees: Transaction too large for fee policy

+2 votes
I have set up a Blockchain with native currency, and I want to have a minimum fee for the transactions. I am setting the minrelayfees=100000000 (1 native coin), but now it gives me an error "Transaction too large for fee policy" but when I keep the minrelayfees=1000000 (0.01 native coin) than the transactions are broadcasted successfully. How should I set up minimum fees?
asked Feb 20, 2018 by Mayank

1 Answer

0 votes

By default, MultiChain (like Bitcoin Core) won't send transactions with a free that is greater than 0.1 of a native currency (display) unit. You can change this limit using the maxtxfee runtime parameter, which is explained if you run multichaind with no parameters.

answered Feb 21, 2018 by MultiChain