estimatesmartfee
The estimatesmartfee is a Litecoin RPC method that estimates the approximate fee per kilobyte needed for a transaction to be confirmed within a certain number of blocks. This method uses historical data and network conditions to provide intelligent fee estimates, helping users set appropriate transaction fees for timely confirmation while avoiding overpayment.
Parameters
parameter | type | description |
|---|---|---|
conf_target | numeric (required) | The number of blocks within which the transaction should be confirmed. Example: 6 (for confirmation within 6 blocks). |
estimate_mode | string (optional) | The fee estimate mode. Options are: "UNSET" (default), "ECONOMICAL" (lower fee, slower confirmation), "CONSERVATIVE" (higher fee, faster confirmation). |
Return Object
field | type | description |
|---|---|---|
feerate | numeric | The estimated fee rate in LTC/kB. Returns -1 if not enough data is available for estimation. |
errors | array | Any errors encountered during the estimation process. |
blocks | numeric | The number of blocks for which the estimate is valid. |
Request Example
Request
Response Example
Response