BTC Fees: Bitcoin Congestion Manager Simplified

BTC Fees serves as a platform where you can easily verify the legitimacy of transaction fees associated with your Bitcoin transactions. This user-friendly platform is aptly named a Bitcoin Congestion Manager, offering concise and straightforward information. While its design is good and functional, it doesn't overwhelm users while providing valuable insights.

BTC Fees introduces an advanced approach through various algorithms to calculate transaction fees. The platform includes details about the last block's timing in minutes and displays the timestamp of the most recent table update, which often occurs within seconds.

Within the table on the site, you'll find the following information:

• Block: This indicates the time in minutes or seconds when the transaction was confirmed and recorded in the table.
• MvB: Representing Mempool position, this value is displayed with precision to one decimal place.
• Fee Rate: The transaction fee rate is presented in Satoshi or Byte.
• Non-Segwit: Presented in either Satoshi or USD, this provides information about non-Segwit transactions.
• Segwit: Similar to Non-Segwit, this is also displayed as either Satoshi or USD, pertaining to Segwit transactions.

All the data presented in the table offers recommended fees provided by BTC Fees. It's essential to ensure that the transactions being broadcast are only Replace-By-Fee (RBF) transactions, and these transactions should have a waiting time of more than 30 minutes, equivalent to 3 blocks.