Bitcoin Forum

Economy => Web Wallets => Topic started by: achow101 on May 12, 2017, 07:43:38 PM



Title: About blockchain.info's web wallet and "stuck" transactions
Post by: achow101 on May 12, 2017, 07:43:38 PM
Blockchain.info's web wallet is considered a poorly written wallet and is seemingly incapable of sending proper transactions with correct transaction fees and confirmed inputs. If you are using blockchain.info's web wallet and your transaction is stuck, it is almost definitely because the transaction fee is too low (at 120 sat/byte which seems to be blockchain.info's default fee rate even though it is much too low) or because you are spending from other unconfirmed transactions.

If you are using blockchain.info's web wallet, unfortunately you won't be able to attempt RBF or CPFP transactions as blockchain.info does not provide the advanced functionality to make those transactions. All you can do is ask miners for help and wait. For asking miners for help:
Ask a miner for help

Some mining pools and miners offer services to allow you to prioritize your transaction in their mempool so that it is chosen sooner for inclusion in a block. You can contact the users Quickseller (https://bitcointalk.org/index.php?action=pm;sa=send;u=358020) and macbook-air. (https://bitcointalk.org/index.php?action=pm;sa=send;u=16114) These two users have access to F2Pool's transaction selector and they can help you with confirming your stuck transaction. You can also try using https://www.viabtc.com/tools/txaccelerator/ to "accelerate" your transaction. Note that ViaBTC does have a limit the accelerator to 100 transactions every hour and requires that it pays a minimum fee rate of 10 satoshis/byte, so their accelerator may not necessarily work.

To avoid this problem in the future, stop using blockchain.info. Instead switch to any wallet listed on Bitcoin.org (https://bitcoin.org/en/choose-your-wallet) and has one of the following texts regarding how the wallet handles transaction fees:
Quote
Full control over fees
Quote
Dynamic fee with override
Quote
Dynamic fee suggestions
Any wallet which has one of these texts for in their descriptions (with the color and bolding) will support dynamic fees and allow you to make transactions with proper fee rates.


Title: Re: About blockchain.info's web wallet and "stuck" transactions
Post by: Qartada on May 13, 2017, 09:23:14 AM
You're right that the default fee rate is low as hell, but to be fair you can set custom fees under Advanced Send.  It's dumb for people to use Blockchain when nearly every other wallet is better but the 120 satoshi/byte is just a default and users can always just set higher fees.


Title: Re: About blockchain.info's web wallet and "stuck" transactions
Post by: BTCLovingDude on May 13, 2017, 10:47:01 AM
You're right that the default fee rate is low as hell, but to be fair you can set custom fees under Advanced Send.  It's dumb for people to use Blockchain when nearly every other wallet is better but the 120 satoshi/byte is just a default and users can always just set higher fees.

users who are using blockchain.info are beginners, which means the wallet needs to be beginner friendly. it other words it doesn't matter if you can change the fee when you are new and you don't know how much you should pay.

with other wallets like Electrum for example, the wallet contacts Electrum nodes and gets a good fee and shows it as a suggestion to user in a beginner friendly manner. but it seems like all the problems that i see from blockchain.info has a low fee (like what achow said 120 s/b)