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How to estimate btc network fees with python bitcoinlib 0.6.10.

From bitcoinlib docs, I have found 2 ways to retrieve current network fees via service providers.

fees_sato = service.estimatefee(blocks=3, priority='low')

However, why is it that: 1- The fees are always way higher than any current btc network fees estimator websites? 2- Sometimes the estimate generated with priority='low' is higher than the one generated with `priority='high' ?

Tried both ways and the result seems to be inaccurate. I want to retrieve an accurate estimate of the current btc network fees.

lereptile
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  • I think I found what my problem was. service.estimatefee(blocks=3, priority='low') returns a the fee value in sats PER KB and I think most btc transactions are less than 1kb – lereptile Jun 01 '23 at 17:38

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