This article was first published on ARK.io | Blog - Medium
One of the most requested updates for the ARK Mobile Wallet was definitely adding support for dynamic fees. So of course we added it to our latest version, you can now set your own transaction fees from Desktop and Mobile Wallets!
It’s been some time since the last update of the mobile wallet, but the newest release if finally here. If you already have an ARK Mobile wallet you should get a notification on the available update. If you want a fresh install of ARK Mobile, you can use one of the links below.
Mobile wallets are available at:
Note: Depending on your geographical location, mobile updates may take some time before they are seen as available.
What’s New / Fixed?
- Support for dynamic fees — you can now send, vote and register a delegate with Ark’s newest fee system. You decide on how much you are prepared to pay for your transaction!
As you can see there are 3 predefined options min, average and max (with ‘Average’ being the default one). Note that selecting min most likely won’t get your transaction confirmed if you are going to send as 1 arktoshi fee (0.00000001) and max being 1 ARK to prevent users from fat fingering the fee and mistakenly sending an exorbitant fee.
You also have an option to input your own custom fee by simply tapping on the fee number and writing your own. If your custom fee is to low, your transaction will not be confirmed by the network and will be returned to your wallet, usually within 45 minutes.
- Better support for ARK based chains — mobile wallet now has better support sending transactions on ARK-based chains (Phantom, Qredit, etc) by implementing some of the new checks and verification models (use epoch time provided ...
To keep reading, please go to the original article at:
ARK.io | Blog - Medium