Title: how do i make confirmations on blockchain faster Post by: RichGang on June 17, 2016, 01:26:08 AM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation.
That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Title: Re: how do i make confirmations on blockchain faster Post by: oblivi on June 17, 2016, 01:32:13 AM The more fee you pay the faster it will go, so if you want to go faster pay an higher fee. I have never had a problem with Bitcoin Core's recommended fee.
In the future it will be faster with Lightning protocol. Onchain transactions in a decentralized network require resources so you have to pay for it. Title: Re: how do i make confirmations on blockchain faster Post by: tobacco123 on June 17, 2016, 01:42:43 AM The only way is to include a slightly higher fee than the normal fee.
I think at the moment a normal Tx fee is about 100 bits. If you can include a 200-500bits fee that should increase the priority of your Tx and get included in a block faster. Title: Re: how do i make confirmations on blockchain faster Post by: RichGang on June 17, 2016, 01:49:55 AM I sent with 5mbtc thts enough to make it faster
Title: Re: how do i make confirmations on blockchain faster Post by: Lauda on June 17, 2016, 01:55:52 AM I sent with 5mbtc thts enough to make it faster No. There is no such thing called a standard fee, default fee or whatever some members are trying to tell you. What 'truly' [1] matters here is the satoshis/byte included at the time and the current recommended one. The recommended fee can be found here (https://bitcoinfees.21.co/). This means that a transaction fee (X) might be enough for transaction A, but it might be inadequate for transaction B (due to differentiating sizes).[1] - This is probably not the right wording. Title: Re: how do i make confirmations on blockchain faster Post by: shinratensei_ on June 17, 2016, 01:56:40 AM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. You can try to make an appropriate fee because yesterday a lot of people it does not give an appropriate fee and this can make their transaction it's not confirmed or got a delay.That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Title: Re: how do i make confirmations on blockchain faster Post by: beastmodeBiscuitGravy on June 17, 2016, 01:57:50 AM Just pay a higher fee to cut in line in front of the other hapless Bitcoiners waiting to use this revolutionary future of money.
Title: Re: how do i make confirmations on blockchain faster Post by: Btcvilla on June 17, 2016, 01:58:57 AM Until the core team gets their head out of their asses, all you can do is include a higher transaction fee.
Title: Re: how do i make confirmations on blockchain faster Post by: RichGang on June 17, 2016, 06:55:55 AM Also, if the transaction fees is say 0.000002btc and its on blockchain and I want it faster , how i send additional 0.0005btc to add up to transaction fees to make it faster ?
Title: Re: how do i make confirmations on blockchain faster Post by: Dakron on June 17, 2016, 07:59:02 AM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. I do not know if you can do fast your confirmation because the moderators validate all the securities of your transaction thats why give some patience in all you transaction online not only in bitcoin.That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Title: Re: how do i make confirmations on blockchain faster Post by: pedrog on June 17, 2016, 08:06:34 AM There's a very limited number of transactions that can be included in a block, if you pay high enough fee maybe your transaction will be included in the next block.
Before making a transaction check these sites: http://www.bitcoinqueue.com/ https://blockchain.info/unconfirmed-transactions https://btc.com/stats/unconfirmed-tx Title: Re: how do i make confirmations on blockchain faster Post by: Cuidler on June 17, 2016, 08:28:23 AM Also, if the transaction fees is say 0.000002btc and its on blockchain and I want it faster , how i send additional 0.0005btc to add up to transaction fees to make it faster ? Currently, there is very little you can do. You can remove your transaction so your wallet does not rebroadcast it anymore and wait for miners to remove your transaction from their mempool before you send again with the same inputs and higher fee, but this should take over one day before miners remove your transaction from their mempool so it is not considered doublespend. RBF (replace by fee) transaction could work, but no wallet implemented it so far. And child pays for parent method where you spend unconfirmed transaction with higher fee does not work as well, as very few miners look for these fees. Title: Re: how do i make confirmations on blockchain faster Post by: RichGang on June 17, 2016, 09:45:29 AM Also, if the transaction fees is say 0.000002btc and its on blockchain and I want it faster , how i send additional 0.0005btc to add up to transaction fees to make it faster ? Currently, there is very little you can do. You can remove your transaction so your wallet does not rebroadcast it anymore and wait for miners to remove your transaction from their mempool before you send again with the same inputs and higher fee, but this should take over one day before miners remove your transaction from their mempool so it is not considered doublespend. RBF (replace by fee) transaction could work, but no wallet implemented it so far. And child pays for parent method where you spend unconfirmed transaction with higher fee does not work as well, as very few miners look for these fees. Title: Re: how do i make confirmations on blockchain faster Post by: Vaccinus on June 17, 2016, 10:07:46 AM you can't make them faster but you can make them have better priority, better position in the queue, just pay more fee
Title: Re: how do i make confirmations on blockchain faster Post by: RichGang on June 17, 2016, 10:11:28 AM you can't make them faster but you can make them have better priority, better position in the queue, just pay more fee I have been waiting for a particular transaction for close to 3hours now. How do I pay more fees since its on blockchainTitle: Re: how do i make confirmations on blockchain faster Post by: dothebeats on June 17, 2016, 10:24:47 AM To get your transactions confirm faster, try paying a higher fee than the usual amount that your wallet client suggests. By doing so, the network places your transaction into higher priority.
I have been waiting for a particular transaction for close to 3hours now. How do I pay more fees since its on blockchain You can't. Once you send it, that's done and you can't alter it anymore. Title: Re: how do i make confirmations on blockchain faster Post by: Schuyler on June 17, 2016, 11:02:57 AM It's seems that at the moment, there's no other way but to pay a premium if you want your transactions to be ahead of the queue. It would be nice if they could even cut the time in half. That would really help increase the number of transactions. I read somewhere that bitcoin is still lagging behind paypal in terms of transaction volume, partly because of how their transaction speed takes place.
Title: Re: how do i make confirmations on blockchain faster Post by: CoinSiteDesigner on June 17, 2016, 11:04:31 AM As far as I know, the higher fee you pay to the miner, the more faster your transaction's confirmations will be.
Title: Re: how do i make confirmations on blockchain faster Post by: PantminerS7 on June 17, 2016, 11:24:21 AM To get your transactions confirm faster, try paying a higher fee than the usual amount that your wallet client suggests. By doing so, the network places your transaction into higher priority. I have been waiting for a particular transaction for close to 3hours now. How do I pay more fees since its on blockchain You can't. Once you send it, that's done and you can't alter it anymore. Can't you just doublespend it with a higher fee on the new tx? Title: Re: how do i make confirmations on blockchain faster Post by: jacee on June 17, 2016, 11:27:09 AM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. Just send it with a higher fee. Normally confirmations on blockchain won't take that long unless the blokchain is busy, if that happens, you can't reall do anything about it but to wait.That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Title: Re: how do i make confirmations on blockchain faster Post by: ranochigo on June 17, 2016, 11:31:53 AM To get your transactions confirm faster, try paying a higher fee than the usual amount that your wallet client suggests. By doing so, the network places your transaction into higher priority. I have been waiting for a particular transaction for close to 3hours now. How do I pay more fees since its on blockchain You can't. Once you send it, that's done and you can't alter it anymore. Can't you just doublespend it with a higher fee on the new tx? Title: Re: how do i make confirmations on blockchain faster Post by: Lauda on June 17, 2016, 12:03:33 PM It's seems that at the moment, there's no other way but to pay a premium if you want your transactions to be ahead of the queue. There is no such thing as 'pay a premium' now. The system has always worked like this. The amount of fees included will determine your priority. All those people that complained about their transactions not confirming have used the wrong fee setting.I read somewhere that bitcoin is still lagging behind paypal in terms of transaction volume, partly because of how their transaction speed takes place. A decentralized system is not an efficient system. Everyone should know that. Bitcoin is far behind Paypal and the likes of Visa when it comes to the transaction capacity. This will be improved in the future though.Can't you just doublespend it with a higher fee on the new tx? That's not as easy as you think, else people would constantly be doing it. You would have to spend the same input twice, and one would obviously get dropped as soon as one is included into a block.Title: Re: how do i make confirmations on blockchain faster Post by: BitMaxz on June 17, 2016, 12:07:37 PM As my experience in sending and receiving bitcoin default fee is enough you don't need to increase the fee its the same result.. the transaction is always depends in miners if they can confirm it fast or not..
But don't reduce your miners fee to below default because it can reduce the speed of your transaction.. Also i tried sending bitcoin in the same company like electrum to electrum wallet the speed is fast than sending outside like electrum to coinbase or electrum to xapo.. it takes a long time for me.. Title: Re: how do i make confirmations on blockchain faster Post by: Hirose UK on June 17, 2016, 12:09:01 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. the only way you can make the confirmation faster is by paying the fee higher, but don't pay too high. anyway how much fee did you pay?That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Title: Re: how do i make confirmations on blockchain faster Post by: BitcoinSupremo on June 17, 2016, 12:11:08 PM I am using Electrum desktop wallet and it has an automatic feature it already chooses the best dynamic fee for the transaction I am sending, usually the time of 1 confirmation for me by using this wallet is 10-30 minutes maximum, same with Multibit, but I think web wallets should be a problem in this regard, I know XAPO pay their users fee so XAPO transactions take longer, same should be with blockchain.info. Anyway if you stick to Electrum for example you will have relatively very fast transactions in 10-30 minute time 99.99% of the time.
Title: Re: how do i make confirmations on blockchain faster Post by: Lauda on June 17, 2016, 12:48:30 PM As my experience in sending and receiving bitcoin default fee is enough you don't need to increase the fee its the same result.. the transaction is always depends in miners if they can confirm it fast or not.. This is wrong. You don't know what you're talking about. The 'default fee' is pointless. The priority of your transaction is dependent on your fee, and not whether "miners can confirm it fast or not)".But don't reduce your miners fee to below default because it can reduce the speed of your transaction.. No. The transaction speed is the same regardless of the fee included. You are talking about confirmation speed.Also i tried sending bitcoin in the same company like electrum to electrum wallet the speed is fast than sending outside like electrum to coinbase or electrum to xapo.. it takes a long time for me.. Nonsense. The same amount of time is required regardless of whether you're sending from Electrum to Electrum, Electrum to Core or whatever. The difference there is that some of those services require multiple confirmations before they update your balance (e.g. Bitstamp requires 3). Title: Re: how do i make confirmations on blockchain faster Post by: FLoving on June 17, 2016, 01:07:03 PM I also have the same problem nowadays, the confirmations are taking much longer time, some people are saying that it is because we pay less fees, but in xapo there is no any option for transaction fee.
Title: Re: how do i make confirmations on blockchain faster Post by: lucsky on June 17, 2016, 01:07:28 PM Welcome to the major problem of bitcoin, my friend: the limitation of transactions per second. For more than Blockchain Bitcoin network will prove to be safe, you can not process many transactions per second.
The best solution for your case will be paying higher rates. In theory, the higher the fees are paid, your transaction will have higher priority over the network. Title: Re: how do i make confirmations on blockchain faster Post by: alyssa85 on June 17, 2016, 01:11:27 PM In theory, the higher the fees are paid, your transaction will have higher priority over the network. Priority is based on the age of the inputs and the number of inputs. So if your output is made up of loads of small inputs, and the result is a big kilobyte transaction, you are going to struggle. People need to enable coin control, and only send the oldest coins. That way their priority increases. Title: Re: how do i make confirmations on blockchain faster Post by: shinratensei_ on June 17, 2016, 01:25:07 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. the only way you can make the confirmation faster is by paying the fee higher, but don't pay too high. anyway how much fee did you pay?That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Title: Re: how do i make confirmations on blockchain faster Post by: BossMacko on June 17, 2016, 01:34:08 PM IF your bitcoin wallet has the option to add transaction fee. Pay a big transaction Fee and your confirmation will be faster. But some wallet like coins.ph doesnt have that option.
Title: Re: how do i make confirmations on blockchain faster Post by: Lauda on June 17, 2016, 01:52:25 PM I also have the same problem nowadays, the confirmations are taking much longer time, some people are saying that it is because we pay less fees, but in xapo there is no any option for transaction fee. Stop using online wallets or talk to the Xapo support staff and let them know that they're improperly calculating their fees.In theory, the higher the fees are paid, your transaction will have higher priority over the network. It is not just in 'theory', that's how the system was designed to work.Priority is based on the age of the inputs and the number of inputs. So if your output is made up of loads of small inputs, and the result is a big kilobyte transaction, you are going to struggle. That was the system in place for 'free-transactions' and is pretty much depreciated at the moment. The main thing that matters here is the included 'satoshis/byte' fee ratio in your transaction.People need to enable coin control, and only send the oldest coins. That way their priority increases. That won't guarantee anything if your fee is low.IF your bitcoin wallet has the option to add transaction fee. Pay a big transaction Fee and your confirmation will be faster. But some wallet like coins.ph doesnt have that option. The don't use a trash-can as your wallet.Title: Re: how do i make confirmations on blockchain faster Post by: ajun96 on June 17, 2016, 02:15:57 PM I also have the same problem nowadays, the confirmations are taking much longer time, some people are saying that it is because we pay less fees, but in xapo there is no any option for transaction fee. I think xapo still provides fee-free because they were doing promotion for the site of their wallets. because basically every transaction will definitely require a fee. and default fee is 0.0001 BTC.I think the right if you want to speed up the confirmation by adding a fee Title: Re: how do i make confirmations on blockchain faster Post by: carlisle1 on June 17, 2016, 02:31:01 PM man you cannot make it faster you just have to wait before it goes to you wallet and maybe there are many confirmations or transactions on the blockchain but if your Transaction has a big amount it can be go to faster the lower your transaction amount the slower it will be .
Title: Re: how do i make confirmations on blockchain faster Post by: LiberOptions on June 17, 2016, 02:32:15 PM ~If you want faster confirmation times you will need to pay a bigger fee. That way miners will process your transactions with no delay!
Title: Re: how do i make confirmations on blockchain faster Post by: marcuslong on June 17, 2016, 03:09:18 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees I think you should adjust your fee in the transaction you eant fast i think if you increase your fee.it is fastest than your ltest transaction. But i dont know how to do that if your using otber site like coinbase haha i didnt know how to adjust so my transaction is not to fast like other sender. Title: Re: how do i make confirmations on blockchain faster Post by: ning_chang on June 17, 2016, 03:24:06 PM I sent with 5mbtc thts enough to make it faster I think. 5mbtc is equivalent to 500k satoshi. That's why. Confirmation of blockchain is very quickly. Title: Re: how do i make confirmations on blockchain faster Post by: jtipt on June 17, 2016, 03:29:36 PM I sent with 5mbtc thts enough to make it faster I think. 5mbtc is equivalent to 500k satoshi. That's why. Confirmation of blockchain is very quickly. Title: Re: how do i make confirmations on blockchain faster Post by: crairezx20 on June 17, 2016, 03:43:06 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees I think you should adjust your fee in the transaction you eant fast i think if you increase your fee.it is fastest than your ltest transaction. But i dont know how to do that if your using otber site like coinbase haha i didnt know how to adjust so my transaction is not to fast like other sender. Title: Re: how do i make confirmations on blockchain faster Post by: Lauda on June 17, 2016, 03:46:32 PM I think. 5mbtc is equivalent to 500k satoshi. That's why. Confirmation of blockchain is very quickly. Flat-fees are not the right answer to this situation.I think 0.005 is a little too much for tx fees even with a 0.0005 fees you get a significant faster confirmation, if the input is not high 0.0005 should be sufficient for a faster confirmation. Wrong. Please stop spreading false information. A flat fee is not the right answer. The queue determines priority based on the included satoshis/byte ratio. This means that this flat fee might be enough for transaction A, too much for transaction B, too little for transaction C (due to differentiating sizes).but i think right now transaction right now is fast than before this is like the same as before january.. Transaction speed has never changed. It has remained constant (near-instant, i.e. 1-3 seconds under reasonable conditions). You're talking about confirmation time.Title: Re: how do i make confirmations on blockchain faster Post by: jukka on June 17, 2016, 04:29:05 PM The more fee you pay the faster it will go, so if you want to go faster pay an higher fee. I have never had a problem with Bitcoin Core's recommended fee. In the future it will be faster with Lightning protocol. Onchain transactions in a decentralized network require resources so you have to pay for it. same here. no problem if you pay the recommended fee. Title: Re: how do i make confirmations on blockchain faster Post by: justdimin on June 17, 2016, 05:13:39 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. the only way you can make the confirmation faster is by paying the fee higher, but don't pay too high. anyway how much fee did you pay?That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Tx fees, number of inputs, coin age, these are just some of the factors that are looked at whether which among the transactions are prioritized. Title: Re: how do i make confirmations on blockchain faster Post by: rizzlarolla on June 17, 2016, 05:33:33 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Couldn't you just read a different thread on the subject? There are plenty about. Too much trouble for you? "is there a way to the confirmation in a few mins? Say 10mins or less." No, you clearly don't understand the basic fact that the average time to find a block is 10 minutes. How can there be a way to get in a block in less time than that. Do some reading first next time. Title: Re: how do i make confirmations on blockchain faster Post by: Endikadija on June 17, 2016, 09:25:09 PM i think there isnt a way to do it,you have to wait. i suggest you to do transactions at night because there are faster
Title: Re: how do i make confirmations on blockchain faster Post by: RichGang on June 17, 2016, 10:39:56 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Couldn't you just read a different thread on the subject? There are plenty about. Too much trouble for you? "is there a way to the confirmation in a few mins? Say 10mins or less." No, you clearly don't understand the basic fact that the average time to find a block is 10 minutes. How can there be a way to get in a block in less time than that. Do some reading first next time. Title: Re: how do i make confirmations on blockchain faster Post by: hermanhs09 on June 18, 2016, 08:45:25 AM Well, if you're experiencing problems with your transaction in terms of its priority, then try to increase your fees to double or even triple the recommended transaction fees on bitcoin network.
But you can't really control when blocks are mined, so if you're already paying enough fees, you can't really do anything about it. Title: Re: how do i make confirmations on blockchain faster Post by: JITENDERPAR on June 28, 2016, 05:08:26 AM You can faster this process by paying more fees and not using the custom fees. You have to use the recommend fees by the blockchain network which is 0.0001 btc....
Title: Re: how do i make confirmations on blockchain faster Post by: Hide_ip112 on June 28, 2016, 05:13:03 AM I think the thing that affects of confirmation was blocked because of mining, mining block is indeed the Foundation of any transaction which is in bitcoin. In mining every block always confirm that the transaction is done right or wrong and the miners will confirm. so it depends on the research process and confirmation is done in block
Title: Re: how do i make confirmations on blockchain faster Post by: ASHLIUSZ on June 28, 2016, 06:50:14 AM I think the thing that affects of confirmation was blocked because of mining, mining block is indeed the Foundation of any transaction which is in bitcoin. In mining every block always confirm that the transaction is done right or wrong and the miners will confirm. so it depends on the research process and confirmation is done in block another way to make it faster is to get a confidence factor for every unconfirmed transaction. This allows merchants and developers to assess the risk of accepting a transaction within milliseconds.Title: Re: how do i make confirmations on blockchain faster Post by: beastmodeBiscuitGravy on June 28, 2016, 06:52:49 AM Pay moar fee, u pesky spammer.
Title: Re: how do i make confirmations on blockchain faster Post by: Lauda on June 28, 2016, 06:59:31 AM You can faster this process by paying more fees and not using the custom fees. You have to use the recommend fees by the blockchain network which is 0.0001 btc.... Wrong. Custom fees are also a way of paying more and gaining higher priority. What you should not be doing is paying some sort of 'standard fee'.I think the thing that affects of confirmation was blocked because of mining, mining block is indeed the Foundation of any transaction which is in bitcoin. In mining every block always confirm that the transaction is done right or wrong and the miners will confirm. so it depends on the research process and confirmation is done in block You really have no clue what you're talking about.another way to make it faster is to get a confidence factor for every unconfirmed transaction. This allows merchants and developers to assess the risk of accepting a transaction within milliseconds. The developers have no role in that assessment. Zero confirmation transactions are acceptable for negligible amounts I'd say.Title: Re: how do i make confirmations on blockchain faster Post by: wintermeasures on June 28, 2016, 07:00:57 AM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Is it true? long as I use blockchain with standar fee course has never been that long. the longest half hour. But according to the article I read, you can speed up transactions by increasing the transaction fee. Thank you Title: Re: how do i make confirmations on blockchain faster Post by: X-ray on June 28, 2016, 07:06:13 AM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Is it true? long as I use blockchain with standar fee course has never been that long. the longest half hour. But according to the article I read, you can speed up transactions by increasing the transaction fee. Thank you increasing transaction fee will not clearly answer as bitcoin's fee per byte always changing see this site bitcoinfees.21.com as many people mentioned it on this forum Title: Re: how do i make confirmations on blockchain faster Post by: Lauda on June 28, 2016, 07:10:35 AM Is it true? long as I use blockchain with standar fee course has never been that long. the longest half hour. But according to the article I read, you can speed up transactions by increasing the transaction fee. Thank you How about doing some research instead of posting here? Any user should be aware of how the fee system works and any decent user would know better than to use online wallets.maybe that happen when the fee is too low,i ever experienced it but only take 1 hours with low fee as low 0.00005 ,quite regret about it, Yes, transactions get 'delayed' at times because their priority is low due to the low fee.increasing transaction fee will not clearly answer as bitcoin's fee per byte always changing see this site bitcoinfees.21.com as many people mentioned it on this forum No. Adding a fee that equals the recommended fee (in satoshis/byte) at the time (or even a higher fee) will make your TX confirm very quickly. Title: Re: how do i make confirmations on blockchain faster Post by: franky1 on June 28, 2016, 09:18:15 AM No. Adding a fee that equals the recommended fee (in satoshis/byte) at the time (or even a higher fee) will make your TX confirm very quickly. lol blocks only accept ~2500 transactions.. is lauda really trying to falsely suggest that if 5,000 people transacting at the same time all paid $1(big premium), all of their transactions would get settled in the next 10 minutes(magically all squeeze in because they paid a premium).. sorry but thats just not possible. is lauda really trying to falsely suggest that if 5,000 people transacting at the same time all paid $1(big premium), all of their transactions would get settled 20 minutes... sorry but thats just not possible. imagine it.. 5000tx pay $1 fee.. the next block is block 419,500 now another new 5000tx want to go through, this time they pay $1.01, with the next block being 419,501 now another new 5000tx want to go through, this time they pay $1.02, with the next block being 419,502 now another new 5000tx want to go through, this time they pay $1.03, with the next block being 419,503 now another new 5000tx want to go through, this time they pay $1.04, with the next block being 419,504 now imagine for the next few hours there were no new transactions.. allowing the network to catch up.. lauda i want you to do this: tell people using blocknumber examples and transactions accepted and fees used for those transactions. what order you think the transactions would settle hang on i know he wont.... hell ill do it for him 419,500: 2500tx pay $1 419,501: 2500tx pay $1.01 419,502: 2500tx pay $1.02 419,503: 2500tx pay $1.03 419,504: 2500tx pay $1.04 419,505: 2500tx pay $1.04 419,506: 2500tx pay $1.03 419,507: 2500tx pay $1.02 419,508: 2500tx pay $1.01 419,509: 2500tx pay $1 the whole premiss of "just pay more" guarantees NOTHING because if everyone is "just paying more" then its just a vicious circle that is a slice of reality that shows even paying large sums doesnt make everyone be on equal grounds. doesnt make everyone happy.. as you can see.. people that transacted at the time before 419,500.. half of them were waiting 9blocks, thats even with a $1 fee dont you get it yet lauda Title: Re: how do i make confirmations on blockchain faster Post by: OrangeII on June 28, 2016, 11:24:19 AM I guess if you want to send money to the confirmation prompt, then you may have to send bitoin with small nominal, because in my experience, a large amount of the transaction would create very long confirmation
Title: Re: how do i make confirmations on blockchain faster Post by: emberbekas on June 28, 2016, 01:12:03 PM Put higher fee is the only thing that can help your transactions get a faster confirmation. I have no idea about the other way to make the transaction run faster.
Title: Re: how do i make confirmations on blockchain faster Post by: beerlover on June 29, 2016, 01:32:27 PM The more fee you pay the faster it will go, so if you want to go faster pay an higher fee. I have never had a problem with Bitcoin Core's recommended fee. In the future it will be faster with Lightning protocol. Onchain transactions in a decentralized network require resources so you have to pay for it. same here. no problem if you pay the recommended fee. Title: Re: how do i make confirmations on blockchain faster Post by: michnelli6 on June 29, 2016, 07:49:59 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. The fees aren't the only factor for a faster transaction.That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees The age of the coin is also considered, plus the size of the transaction too. And I agree "transaction size" and "fees included" are directly connected. Title: Re: how do i make confirmations on blockchain faster Post by: lister storm on June 29, 2016, 08:36:54 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. The fees aren't the only factor for a faster transaction.That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees The age of the coin is also considered, plus the size of the transaction too. And I agree "transaction size" and "fees included" are directly connected. i think if you want to make your transactions really fast then just include a bigger miners fee, for example in the blovkvhain.info wallet when you adjust the fees you can see the estimated confirmation time Title: Re: how do i make confirmations on blockchain faster Post by: JeffBrad12 on June 29, 2016, 09:57:44 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. The fees aren't the only factor for a faster transaction.That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees The age of the coin is also considered, plus the size of the transaction too. And I agree "transaction size" and "fees included" are directly connected. Title: Re: how do i make confirmations on blockchain faster Post by: cinnamon_carter on June 29, 2016, 10:11:25 PM with extreme caution
the length of time in between blocks and the number of confirmations is a safety margin when Satoshi chose six confirms for bitcoin this was a fairly safe but arbitrary choice every confirm adds safety << removing confirms introduces danger Title: Re: how do i make confirmations on blockchain faster Post by: LuckGone100 on June 29, 2016, 10:20:22 PM do custom transaction with more fees than standard fees.u will get faster transaction.it's so easy.just try it and then see what happen xD
Title: Re: how do i make confirmations on blockchain faster Post by: el kaka22 on June 30, 2016, 07:31:06 AM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. the only way you can make the confirmation faster is by paying the fee higher, but don't pay too high. anyway how much fee did you pay?That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Tx fees, number of inputs, coin age, these are just some of the factors that are looked at whether which among the transactions are prioritized. Title: Re: how do i make confirmations on blockchain faster Post by: neonshium on July 01, 2016, 08:03:24 AM i think there isnt a way to do it,you have to wait. i suggest you to do transactions at night because there are faster Hahaha that was funny, see the transactions have increased and hence it is taking more time to confirm the same transaction that earlier used to get confirmed much quicker. So, just a little extra fees and things are fine.Title: Re: how do i make confirmations on blockchain faster Post by: SirLancelot on July 01, 2016, 03:47:31 PM You can faster this process by paying more fees and not using the custom fees. You have to use the recommend fees by the blockchain network which is 0.0001 btc.... And even if you have paid .0001 like I do and sometimes even less then there is no problem too, just it takes maximum one hour to get confirmations. Why is waiting 10-20 minutes or sometimes 1 hour is a problem for you guys ? I plan up my payments well advance, so there is no hurry for me for quicker confirmations.Title: Re: how do i make confirmations on blockchain faster Post by: 0day on July 01, 2016, 03:57:14 PM If you pay more fee then you will get the confirmations faster, but sometimes it will also take time because of crowd transactions, as one time I paid a good fees but even in that i waited for more than 2 hours to get first confirmation.
Title: Re: how do i make confirmations on blockchain faster Post by: sempak on July 01, 2016, 04:01:50 PM you have to increase the fee if you want a faster transaction. granting a large fee would make bitcoin block easy to solve.
Title: Re: how do i make confirmations on blockchain faster Post by: quentincole32 on July 01, 2016, 06:48:15 PM I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation. as i know,blockchain put different fee on different transaction speed,i think its what you need,you need to open blockchian wallet and put highest fee for faster transaction ;DThat's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less. Also, how do i send more bits to add up to fees Title: Re: how do i make confirmations on blockchain faster Post by: prtty2gal2 on July 02, 2016, 01:06:36 PM I just want to suggest to use Xapo wallet as they send many transactions at once and do not take any fees from you, so that helps in building big fees for a big transaction hence confirming it in seconds ( when next block gets mined ) in all the time I experienced with Xapo wallet.
Now a days I never worry for tx fees and for quicker confirmations too as I am using Xapo. Title: Re: how do i make confirmations on blockchain faster Post by: LucioTan on July 09, 2016, 12:27:21 AM To make your transactions faster on blockchain, you'll need to place a larger fee. Well for me, transaction time is not a problem. Even though I am only putting a small amount of fee. Usually 10K sats. It has 3 confirmations in just half an hour. So I do not need to have a larger fee. Maybe im just lucky that they confirms my transactions very fast. or maybe my transactions was not that high that they can confirm it as soon as possible. To be honest, my average transaction is 0.01 BTC. Not that much.
Title: Re: how do i make confirmations on blockchain faster Post by: vdotcash on July 10, 2016, 11:32:28 AM 0.0005 and I never have any problems. :)
Title: Re: how do i make confirmations on blockchain faster Post by: immangrace on July 12, 2016, 07:26:25 PM I sometimes send with a 12 sat/bit and it gets confirmed in a few minutes, and sometimes with a 60 sat/bit it takes hours to confirm, it also depends on the status of the network and if there is a lot of transactions waiting to be confirmed and if they paid more fee than you or not.
Title: Re: how do i make confirmations on blockchain faster Post by: WannaVCC on March 15, 2017, 07:48:18 PM So is there any way nowadays to speed up blockchain tx?
Whenever I send money using blockchain.info web interface my tx is unconfirmed for a while, but when I get money from 3rd party websites, say virvox, tx gets like 30 confs in 2-3 hrs WTF? Title: Re: how do i make confirmations on blockchain faster Post by: achow101 on March 17, 2017, 01:23:31 PM So is there any way nowadays to speed up blockchain tx? Pay a higher transaction fee.Whenever I send money using blockchain.info web interface my tx is unconfirmed for a while, but when I get money from 3rd party websites, say virvox, tx gets like 30 confs in 2-3 hrs WTF? Title: Re: how do i make confirmations on blockchain faster Post by: Trayber on March 17, 2017, 08:57:16 PM So is there any way nowadays to speed up blockchain tx? Pay a higher transaction fee.Whenever I send money using blockchain.info web interface my tx is unconfirmed for a while, but when I get money from 3rd party websites, say virvox, tx gets like 30 confs in 2-3 hrs WTF? Do you think thats the long term solution for Bitcoin? There are two major complaints about bitcoin in 2017. One is that transaction times are way up, thus the slowness people are experiencing. The second is that transaction fees are way up -- now more than $1 each in most cases. These both may indeed be big problems in the future. Title: Re: how do i make confirmations on blockchain faster Post by: achow101 on March 17, 2017, 09:36:34 PM Do you think thats the long term solution for Bitcoin? No. But right now, that is all that users can do to make their transactions confirm faster. There is no other option at the current time. All that users can do is pay a higher transaction fee and hope that the miners activate one of the scaling solutions available that require consensus changes.Title: Re: how do i make confirmations on blockchain faster Post by: fathur.aza on March 18, 2017, 03:38:54 AM I like the speed of light, if it could be made more quickly.
Title: Re: how do i make confirmations on blockchain faster Post by: loposki on March 19, 2017, 10:42:33 AM From experience, increasing the recommended transaction fee will help your transaction confirm much faster.
Title: Re: how do i make confirmations on blockchain faster Post by: Vorth on March 20, 2017, 08:51:50 PM Just send it with a higher fee. Normally confirmations on blockchain won't take that long unless the blokchain is busy, if that happens, you can't reall do anything about it but to wait.
Title: Re: how do i make confirmations on blockchain faster Post by: WannaVCC on April 14, 2017, 07:37:56 PM Everyone says about higher fee but I googled and tried everything still cannot find anything on how to do this with blockchain web interface. May any one inlighten on this?
Btw I have 2 txs delayed for around 36 hours, the fee was like 11 s. Title: Re: how do i make confirmations on blockchain faster Post by: carlfebz2 on April 17, 2017, 09:41:15 AM Everyone says about higher fee but I googled and tried everything still cannot find anything on how to do this with blockchain web interface. May any one inlighten on this? What did you tried? Increasing the fee? You can actually changed the tx fee on advanced and that's all you have to do if you do like faster confirmations then better to pay up higher tx fee but if not then stick only to standard fee but expected waiting times would be more longer compared on higher tx fee.Btw I have 2 txs delayed for around 36 hours, the fee was like 11 s. Title: Re: how do i make confirmations on blockchain faster Post by: User365 on April 17, 2017, 02:01:07 PM 1. Use higher fee, to get a tx confimed you need a mining pool to confim it and normally they confirm tx with higher fee ("bounty" from the view of the pool) first.
2. use viabit tx accelerator. https://www.viabtc.com/tools/txaccelerator/ (do not use this always just in case you made a mistake with the fee) Title: Re: how do i make confirmations on blockchain faster Post by: cryptoguy2 on June 22, 2017, 12:07:21 PM Everyone here is advising to send coins with higher fees. But can anybody explain how do I increase the amount of fee if I want to send coins from exchanges like Poloniex, Bittrex etc. where the fees are automatically decided & there is no option to change the fees manually even in the setting menu? ??? ???
Title: Re: how do i make confirmations on blockchain faster Post by: Muhammed Zakir on June 22, 2017, 03:25:10 PM Everyone here is advising to send coins with higher fees. But can anybody explain how do I increase the amount of fee if I want to send coins from exchanges like Poloniex, Bittrex etc. where the fees are automatically decided & there is no option to change the fees manually even in the setting menu? ??? ??? Exchanges usually pay appropriate fee. You don't need to worry! If you are using exchanges or online wallets, I highly recommend you to use offline wallets. There are a few online wallets which are "okay", but use them at your own risk! You *won't* have full control over your bitcoins! Title: Re: how do i make confirmations on blockchain faster Post by: NikS13 on June 22, 2017, 03:32:41 PM https://www.viabtc.com/tools/txaccelerator/
Go to this site and fill in your transaction and they will prioritize that transaction, completely free Title: Re: how do i make confirmations on blockchain faster Post by: TeamSnapshot on June 22, 2017, 08:55:58 PM Assuming you are consolidating your addresses with Bitcoin on them to minimize Inputs the only thing you can do is increase the miner fee.
Title: Re: how do i make confirmations on blockchain faster Post by: zikabra on June 22, 2017, 09:24:48 PM "pay higher fee " on 5 pages and 87 posts ;D
OP can you lock this topic? Title: Re: how do i make confirmations on blockchain faster Post by: TeamSnapshot on June 22, 2017, 10:30:36 PM "pay higher fee " on 5 pages and 87 posts ;D OP can you lock this topic? Sometimes redundancy is needed to understand something. Agreed, though. Title: Re: how do i make confirmations on blockchain faster Post by: silverkamote on June 22, 2017, 11:16:39 PM if you're using blockchain wallet..when sending use advanced option..it will allow you to set your own fee...search for how to calculate bitcoin transaction fees..you will find the recommend fee dependent on the byte size of your transfer..don't be stingy or you will be waiting and waiting and waiting.
Title: Re: how do i make confirmations on blockchain faster Post by: sobsitesearch on June 23, 2017, 12:39:01 AM if you're using blockchain wallet..when sending use advanced option..it will allow you to set your own fee...search for how to calculate bitcoin transaction fees..you will find the recommend fee dependent on the byte size of your transfer..don't be stingy or you will be waiting and waiting and waiting. Thats it, just put a lot of fees to make transaction faster that is the solution on that problem, that is why me i avoid using blockchain wallet for now because of that i used the wallet in some faucet to received and send fund to my main wallet because of low fees and quick confirmation of transaction. Just try it and prove it by your self but just choose the faucet that not scam. |