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Author Topic: How long will it take for no-fee transaction to confirm?  (Read 693 times)
Smt923 (OP)
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March 24, 2013, 05:40:01 PM
Last edit: March 24, 2013, 05:50:26 PM by Smt923
 #1

So I accidentally paid someone with what I think is a payment with 0 fees at all and it's stuck on this:

https://i.imgur.com/ctq4FmX.png

The payment was around 0.15 and I'm fairly sure I managed to not pay any fees, so yeah, how long is it gonna take to confirm?

Edit: Forgot to say this was 2-3 hours ago, though it's jumped up too https://i.imgur.com/7OIfQtN.png now so maybe this thread was useless :c
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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vnon
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March 24, 2013, 05:58:40 PM
 #2

It depends...

Miners can/do prioritize transactions that have fees since that means more money for them if it is included in the block. Each block has a size limit (I don't remember what it is,1mb?) so if the number of transactions > block size limit, feeless transactions are the first to be left out of the block.

Just going off anecdotal experience, I would expect your free transaction to process in a few hours. It just depends on how busy the network is, and then after your transaction has been included, how quickly new blocks are found to confirm.
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March 24, 2013, 09:20:00 PM
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Thanks everyone, I was just impatient.

https://i.imgur.com/0SvA0Ut.png
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