Title: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: tethernewbie on June 29, 2023, 04:59:03 AM I tried to transfer btc from blockchain wallet to a trust wallet but my blockchain wallet still shows Pending: 0/2 Confirmations after 20 hours passed..
Why it takes so long? What can I do? This never happened me before. Please help. Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: OmegaStarScream on June 29, 2023, 05:51:25 AM How much did you pay on fees? I don't believe that blockchain supports RBF so you probably can't do much aside from waiting. It would help if you could post the transaction ID.
Alternatively, you can try and use ViaBTC if your transaction fits their criteria. Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: Hatchy on June 29, 2023, 06:01:41 AM You should have least added your transaction id or wallet address to your post, so someone could help check it out. Or just copy it your self and place it here on https://blockchain.info/ you will see their search bar. then you can see your transaction on the memepool. Pending transaction sometime could be as a result of low transaction fees. So next time you are making a transaction try adding a little to your transaction fee
Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: Charles-Tim on June 29, 2023, 06:56:12 AM You should have least added your transaction id or wallet address to your post, so someone could help check it out. Becusse of privacy, someone may not want to share his txid. Or just copy it your self and place it here on https://blockchain.info/ you will see their search bar. then you can see your transaction on the memepool. He can check the fee on his wallet directly. But wallets do not estimate in byte. If he needs the fee rate to be estimated in byte also, maybe because he wants to use ViaBTC transaction accelerator and the transaction support replace-by-fee and needed to had some fee, he can use the explorer to get the fee in sat/byte. But that transaction will not support replace-by-fee because he broadcasted it using Blockchain.com wallet which does not support it, he should just yes ViaBTC accelerator directly to know if the transaction will get accelerated or not.Pending transaction sometime could be as a result of low transaction fees. So next time you are making a transaction try adding a little to your transaction fee He should check the mempool instead to add the appropriate fee. https://mempool.space/ https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),24h,weight Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: mocacinno on June 29, 2023, 07:18:40 AM if you underpayed the fees (which is the case in most stuck transaction cases), there are several things you can do... They depend on how you initially created the transaction, the receiving wallet,, your technical knowledge and the urgency...
Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: coupable on June 29, 2023, 08:47:05 PM I don't believe that blockchain supports RBF so you probably can't do much aside from waiting. I have not used this wallet application before, but I used the web version for a long time, and I remember that the private key can be extracted for any of the addresses used. I do not know if it is possible to use the web version based on the data of the application.As for the Trust wallet, the private key of the receiving address can be extracted and used on the Electrum wallet, for example, to activate CPFP, since the Trust wallet does not support this feature.
Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: Findingnemo on June 30, 2023, 05:27:20 AM I tried to transfer btc from blockchain wallet to a trust wallet but my blockchain wallet still shows Pending: 0/2 Confirmations after 20 hours passed.. Why it takes so long? What can I do? This never happened me before. Please help. Current fees: Fastest Fee: 27 sats/vbyte HalfHour Fee: 22 sats/vbyte Hour Fee: 16 sats/vbyte Economy Fee: 12 sats/vbyte Minimum Fee: 6 sats/vbyte So you probably paid less fee than it required to get into the upcoming block so the transaction is getting delayed. All you can do is wait or try Bitcoin accelerator or else try CPFP, not sure it's possible in trust wallet and if not the import the address to Electrum wallet and bump your fee. Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: Charles-Tim on June 30, 2023, 07:44:57 AM So you probably paid less fee than it required to get into the upcoming block so the transaction is getting delayed. All you can do is wait or try Bitcoin accelerator or else try CPFP, not sure it's possible in trust wallet and if not the import the address to Electrum wallet and bump your fee. Trustwallet addresses are native segwit. The recent blockchain.com addresses too are native segwit. The only free accelerator that is working presently is ViaBTC. The mempool fee rate for highest priority now is 11 sat/vbytes which may go up, but if the transaction is around that fee rate, it would have been confirmed.To use free ViaBTC acceleration, it will require 18 sat/vbytes for sending from segwit to segwit address. Also the transaction size should not be more than 500 byte (not vbyte). With mempool at 11 sat/vbytes and the transaction if not yet confirmed, he can not go for ViaBTC free accelerator. I will not advice anyone to go for ViaBTC paid one because it is expensive. It would be better to import the seed phrase on wallet like Electrum and use CPFP to pump the fee. But he should know that the fee should be like he is paying for two transactions (the former transaction which is not yet confirmed and the the one he is just broadcasting). Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: yudi09 on June 30, 2023, 12:15:00 PM I tried to transfer btc from blockchain wallet to a trust wallet but my blockchain wallet still shows Pending: 0/2 Confirmations after 20 hours passed.. It lies in the fee settings when sending which makes the process slow.Why it takes so long? What can I do? This never happened me before. Please help. If the transaction fee fee is small, then the process will also be slow to complete. That is, sooner or later the transaction process is completed depending on the amount of the fee that will be used. If that's the case, then you have to wait. I think for now the transaction you made has been confirmed or the Bitcoin you sent has been entered. Why did you choose Trust Wallet as a wallet to store Bitcoins when there are some better wallets to use? Have you studied how secure Trust Wallet is before you move Bitcoin there? Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: tabas on June 30, 2023, 12:35:11 PM Always make sure to check how much the current fees are because they change from time to time. Check it again if your transaction has been confirmed because based on mempool.space, no priority is at 6sat/vB while the high priority is at 29sat/vB. But since 6 sat/vB is visible at the no priority it can be somehow get confirmed eventually. Post the TXID so that we can see on how much you've paid and there's no other reason why a transaction gets unconfirmed for several hours.
Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: mocacinno on June 30, 2023, 12:46:57 PM Adding a small fee doesn't make your transaction slow, nor the process... Adding a small fee will give the miners a smaller incentive to add your transaction to the block they're working on...
A block can contain up to 1Mb of transaction data (+ a maximum of 3 Mb of witness data). The difficulty gets adjusted every 2016 blocks so that the average time between two blocks is about ~10 minutes (on average). This means that (on average) about 6 Mb of "actual" transaction data can end up in the blockchain per hour. If more than 6 Mb of unconfirmed transactions get broadcasted per hour, the mempool of the nodes get filled with a backlog of unconfirmed transactions. Since miners are businessmen, they try to optimize their financial gains. They do this by prioritizing the transactions with the highest fee per (virtual) byte of transaction data. They do this because a miner can add a coinbase transaction to the block. This coinbase transaction funds an address generated by the mining pool with a value of the current block reward PLUS the sum of the fees of all transactions included in a block. So, if you add insufficient fees, you give no incentive to miners to prioritize your transaction and the odds are it remains in the mempool of the nodes for a longer period of time. By default, nodes prune old unconfirmed transactions from their mempool after 2 weeks (if my memory serves me right) However, there are tricks to increase the incentive for pool operators to prioritize your transactions... If you loop back to my previous post in this very thread:
One thing to remember: those are all odds and averages... It IS possible to get into a block with a tx with a 10 sat/vbyte fee whilst there are 15 sat/vbyte fee tx's still in the mempool. It IS possible your 100 sat/vbyte tx doesn't get added to a block eventough most other tx's in the mempool have a 15 sat/vbyte fee... This being said: the selection of the tx's from the mempool is allmost always an automatic process, and usually you can predict pretty well which tx's from the mempool will be added to the next block. --snip-- there's no other reason why a transaction gets unconfirmed for several hours. Eventough insufficient fees is allmost allways the culprit, it does happen that a transaction has unconfirmed parents, or is dropped from the mempool of most nodes (usually because it has been broadcasted to long ago). There might even be other reasons, but i can't think of any except those two right now. Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: khaled0111 on June 30, 2023, 09:33:17 PM So many useful information on how to choose the appropriate fee rate for a fast confirmation and the possible ways to accelerate a stuck transaction have been shared in the above replies. If OP reads them all, am sure he'll never make the same mistake again.
However, if OP is in a hurry, then based on the details he has shared, all he can do to accelerate the transaction (incentivize miners to include it in their blocks) is to try the CPFP method. This topic (https://bitcointalk.org/index.php?topic=5324302.0) explains how you can do it. Title: Re: My bitcoin transaction still unconfirmed after 20 hours , why? What can I do? Post by: tabas on July 01, 2023, 11:02:08 AM --snip-- there's no other reason why a transaction gets unconfirmed for several hours. Eventough insufficient fees is allmost allways the culprit, it does happen that a transaction has unconfirmed parents, or is dropped from the mempool of most nodes (usually because it has been broadcasted to long ago). There might even be other reasons, but i can't think of any except those two right now. |