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Update fee faq

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hunicus 2022-06-06 12:29:02 -04:00
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frontend/src/app/docs/api-docs/api-docs-data.ts
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@ -6107,7 +6107,7 @@ export const faqData = [
showConditions: bitcoinNetworks,
fragment: "looking-up-fee-estimates",
title: "How can I look up fee estimates?",
answer: "<p>See real-time fee estimates on <a href='/'>the main dashboard</a>.</p><p>Low priority is suggested for confirmation within 6 blocks (~1 hour), Medium priority is suggested for confirmation within 3 blocks (~30 minutes), and High priority is suggested for confirmation in the next block (~10 minutes).</p>"
answer: "<p>See real-time fee estimates on <a href='/'>the main dashboard</a>.</p><p>Here is an overview of Mempool's feerate suggestions:</p><ul> <li><b>High Priority.</b> This figure is the median feerate of transactions in the <a href='/mempool-block/0'>first projected block</a>. Consider using this feerate if you want confirmation as soon as possible.</li><li><b>Medium Priority.</b> This figure is the average of the median feerate of the <a href='/mempool-block/0'>first projected block</a> and the median feerate of the <a href='/mempool-block/1'>second projected block</a>.</li><li><b>Low Priority.</b> This figure is the average of the Medium Priority feerate and the median feerate of the <a href='/mempool-block/2'>third projected block</a>. Consider using this feerate if you want confirmation soon but don't need it particularly quickly.</li><li><b>No Priority.</b> This figure is either 2x the minimum feerate, or the Low Priority feerate (whichever is lower). Consider using this feerate if you are in no rush and don't mind if confirmation takes a while.</li></ul><p>In all cases, the suggested feerate is adjusted lower if any of the projected blocks involved in the calculation are not full (e.g. if there is only 1 projected block with a size of 1.2 MWU, Mempool will suggest a feerate of 1 sat/vB—not the median feerate of transactions in the block).</p><p>Projected blocks use feerates, transaction sizes, and other metrics to <b>forecast</b> which transactions will be in future blocks. Actual blocks will turn out to be different: miners have their own views of the mempool, their own algorithms for determining which transactions to include in a block, etc.</p><p>Ultimately, the Bitcoin network is not perfectly predictable, so fee estimation cannot be perfectly precise.</p><p><b>Use Mempool's feerate suggestions as a guide, and understand that they do not guarantee transaction confirmation in any period of time.</b></p>"
},
{
type: "endpoint",