One transaction shouldn't hold up the other, unless I'm much mistaken (which is always possible).
This is not true. A transaction cannot be confirmed if its inputs are not confirmed.
The first transaction is holding up the second one and will continue to do so.
Hey Just wanna ask again ,
story:
I have a wallet
(X) with 0.5
BTC in it and i send 0.02
BTC to a partner with wallet
(Y) with 0 fee , it is there unconfirmed Says estimated confirmation 6 Blocks. After sending 0.02
BTC I have left a balance of 0.48
BTC in my my wallet
(X), Now aftre 12 hours i sen a transaction of 0.1
BTC To another address
(z) from wallet
(X) with 0.0001
BTC as fee.
Now all my Transactions are Un-confirmed. Taking
Blockchain.info as You said Previously in this post that blockchain.info returns the initials if transaction are not confirmed for few days.
Q1. what whatl happen to second transaction If first transaction is still un-confirmed , i guess it will also not confirmed.() i FEEL X-Y GOES AGAIN TO x WALLET AND IT IS STILL UNCONFIRMED.(oUT PUT IS UNCONFIRMED )example=
X wallet 0.5
Y wallet 0.02 BTC
X wallet 0.48BTC
Q2. If blockchain.info rejects the initials within 24 hours and credit the initials(0.02
BTC) of first transaction in my wallet(
X) (assuming that blockchain.info refunds the amount if it takes more than 24 hours) , what will happen to the transaction that was made for wallet
(z) , as wallet Z has still 12 hours left for 24 hours and it was sent after 12 hours after the first transaction was made.
Just let me know , what possibilities are there.
Why Transaction confirmations measured in blocks?