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Author Topic: how do i make confirmations on blockchain faster  (Read 15670 times)
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June 29, 2016, 09:57:44 PM
 #61

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
The fees aren't the only factor for a faster transaction.
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.
But for me, the fees give a big effect for the transaction, ok I sure with your statement if the fees aren't only the factor for a faster transaction but maybe there is another factor can make a faster transaction. but the fees giving the biggest contribution to pulling the transaction is getting fast.

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June 29, 2016, 10:11:25 PM
 #62

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

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June 29, 2016, 10:20:22 PM
 #63

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

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June 30, 2016, 07:31:06 AM
 #64

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
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?
don't sure with it as long the fees meet the requirement to and not too low,the result will be the same as the transaction will be included in the same blocksize,confirmations is about luckyness i guess
Of course it's not about luck. There's a series of algorithm followed in having a prioritized transaction over another.
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.
You are right, and we can only do one thing from our side to fasten the confirmation time. That is to increase the fees and sometimes using the recommended fees. Though I think even if you pay .0001 then it gets confirmed quickly.

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July 01, 2016, 08:03:24 AM
 #65

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.
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July 01, 2016, 03:47:31 PM
 #66

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.

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July 01, 2016, 03:57:14 PM
 #67

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.

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July 01, 2016, 04:01:50 PM
 #68

you have to increase the fee if you want a faster transaction. granting a large fee would make bitcoin block easy to solve.

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July 01, 2016, 06:48:15 PM
 #69

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
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 Grin

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July 02, 2016, 01:06:36 PM
 #70

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.
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July 09, 2016, 12:27:21 AM
 #71

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.
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July 10, 2016, 11:32:28 AM
 #72

0.0005 and I never have any problems. Smiley
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July 12, 2016, 07:26:25 PM
 #73

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.

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March 15, 2017, 07:48:18 PM
 #74

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?
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March 17, 2017, 01:23:31 PM
 #75

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?
Pay a higher transaction fee.

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March 17, 2017, 08:57:16 PM
 #76

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?
Pay a higher transaction fee.

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.

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March 17, 2017, 09:36:34 PM
 #77

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.

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March 18, 2017, 03:38:54 AM
 #78

I like the speed of light, if it could be made more quickly.
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March 19, 2017, 10:42:33 AM
 #79

From experience, increasing the recommended transaction fee will help your transaction confirm much faster.
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March 20, 2017, 08:51:50 PM
 #80

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.
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