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Use whatthefee.io as a mining fee rate prediction service #8

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cbeams opened this issue Feb 20, 2018 · 6 comments
Open

Use whatthefee.io as a mining fee rate prediction service #8

cbeams opened this issue Feb 20, 2018 · 6 comments

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@cbeams
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cbeams commented Feb 20, 2018

We currently use https://bitcoinfees.earn.com as a mining fee rate prediction service. A new service is now available at https://whatthefee.io.

BitcoinFees has not been ideal, as its "recommended" fees are usually far too high. We've mitigated this with our own custom logic, but a more reliable / accurate service is still desirable.

This issue, then, is about looking into the feasibility of using this new service, including possibly running our own instance(s) of it, and swapping out our use of BitcoinFees for it.

For details, see https://github.com/cbeams/bisq-pricenode/blob/refactor/src/main/java/bisq/price/mining/providers/BitcoinFeeRateProvider.java (still in a PR branch, but this is what will soon be on master).

@ManfredKarrer
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Maybe you can reach out to https://twitter.com/FelixWeis and ask him if he would be interested to contribute?

@cbeams
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cbeams commented Feb 23, 2018

Yeah, I'll do that after we've merged the PR in #7, so it's that much more straightforward to see / explain what needs to be done.

@cbeams
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cbeams commented Apr 17, 2018

@0xB10C, if you're interested in looking into this, the master branch of this repository now represents what's in production (with today's merge of #7).

I'd say the first step would be to put together a pull request that implements an alternative to the existing BitcoinFeeRateProvider class based on the whatthefee.io API instead of earn.com. We can discuss and go from there in order to decide whether we should fully replace the provider implementation, or stack them up in a primary / secondary fallback arrangement.

@0xB10C
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0xB10C commented Apr 17, 2018

Just started setting up a local pricenode. Will take a closer look at the code in the comming days. Thanks!

@0xB10C
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0xB10C commented Apr 30, 2018

I'm on a tight schedule right now. Probably won't be starting soon. This issue is open for takers.

@cbeams
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cbeams commented Apr 30, 2018

Thanks for letting everyone know @0xB10C.

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