name_update free?

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georgem
Posts: 82
Joined: Wed Aug 21, 2013 1:46 pm
os: windows

name_update free?

Post by georgem »

If I am making a name_update , do I need to add a fee?
I mean, name_update doesn't cost me anything, right?

phelix
Posts: 1634
Joined: Thu Aug 18, 2011 6:59 am

Re: name_update free?

Post by phelix »

georgem wrote:If I am making a name_update , do I need to add a fee?
I mean, name_update doesn't cost me anything, right?
no, but the transaction itself costs something. So yes, you need to add a fee unless your coins are very old.
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georgem
Posts: 82
Joined: Wed Aug 21, 2013 1:46 pm
os: windows

Re: name_update free?

Post by georgem »

This morning I am in the process of updating my 3000 domains.

How should I best go about this, without causing any problems, for me or the network.

I have a loop in a php file were I execute commandline all in a row.

Is there an upper limit for this? SHould I spread the name_updates over a longer time?

Now that I have done this with a tx fee of zero, should I best just do it again but with tx fee of 0.005?

PS, I believe my coins are about 1 year old. Is this old enough?

georgem
Posts: 82
Joined: Wed Aug 21, 2013 1:46 pm
os: windows

Re: name_update free?

Post by georgem »

Anyway, I will wait for a few hours, and if nothing happens, I will do the transaction loop again, with tx fee of 0,005 and also with more delay between the different name_updates (I will target 1 per sec)

ryanc
Posts: 147
Joined: Wed Dec 18, 2013 8:10 pm
os: linux

Re: name_update free?

Post by ryanc »

Please do not update 3000 domains at once. We are having network stability problems due to a massive number of transactions being made to consolidate a lot of 'spare change' to one address by an unknown party. Please spread these out over a week or two a few hundred a day - at most one every 3-5 minutes for now.

georgem
Posts: 82
Joined: Wed Aug 21, 2013 1:46 pm
os: windows

Re: name_update free?

Post by georgem »

ryanc wrote:Please do not update 3000 domains at once. We are having network stability problems due to a massive number of transactions being made to consolidate a lot of 'spare change' to one address by an unknown party. Please spread these out over a week or two a few hundred a day - at most one every 3-5 minutes for now.
Sorry, but it already happened, and is nearly finished. (ca 2000 of the 2500 are updated)

I made a notice to myself in 6 months, I will then create a program that will do the updating differently. (spreading it over a few days)

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