diff --git a/doc/lightning-feerates.7.md b/doc/lightning-feerates.7.md index 76dcaece31d8..c1ca58368644 100644 --- a/doc/lightning-feerates.7.md +++ b/doc/lightning-feerates.7.md @@ -17,8 +17,11 @@ CLN will also smoothen feerate estimations from the backend. *style* is either of the two strings: -* *perkw* - provide feerate in units of satoshis per 1000 weight. -* *perkb* - provide feerate in units of satoshis per 1000 virtual bytes. +* *perkw* - provide feerate in units of satoshis per 1000 weight (e.g. the minimum fee is usually `253perkw`) +* *perkb* - provide feerate in units of satoshis per 1000 virtual bytes (eg. the minimum fee is usually `1000perkb`) + +Explorers often present fees in "sat/vB": 4 sat/vB is `4000perkb` or +`1000perkw`. Bitcoin transactions have non-witness and witness bytes: @@ -101,8 +104,8 @@ NOTES Many other commands have a *feerate* parameter. This can be: * One of the strings to use lightningd's internal estimates: - * *urgent* (aim for next block), - * *normal* (next 6 blocks or so) + * *urgent* (next 6 blocks or so) + * *normal* (next 12 blocks or so) * *slow* (next 100 blocks or so) * *minimum* for the lowest value bitcoind will currently accept (added in v23.05)