Speed of transaction

[Hesseme]

Was waiting on a blockchain transfer yesterday on a site with a active chatter box and got frustrated waiting for multiple hours. So in chat someone told me to use --------- site instead of blockchain and it would be faster.
I thought all transactions had to go through the blockchain and would only be sped up based on fee, so what am I missing?
Was this just pulling my chain or are there ways to bypass the blockchain?

Thanks for clarifying..

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[kolloh]

Was waiting on a blockchain transfer yesterday on a site with a active chatter box and got frustrated waiting for multiple hours. So in chat someone told me to use --------- site instead of blockchain and it would be faster.
I thought all transactions had to go through the blockchain and would only be sped up based on fee, so what am I missing?
Was this just pulling my chain or are there ways to bypass the blockchain?

Thanks for clarifying..

Depends on if you are talking about the blockchain or blockchain.info the online wallet.

All transactions are on the blockchain and the only thing that speeds up a transaction is including a larger fee so that your transaction has priority. The wallet you to send the funds won't change the speed that the transaction confirms in itself

[wintermeasures]

Was waiting on a blockchain transfer yesterday on a site with a active chatter box and got frustrated waiting for multiple hours. So in chat someone told me to use --------- site instead of blockchain and it would be faster.
I thought all transactions had to go through the blockchain and would only be sped up based on fee, so what am I missing?
Was this just pulling my chain or are there ways to bypass the blockchain?

Thanks for clarifying..

According to Me the Speed of the transaction Depends Upon many Reason Like the Fees you Paid for the Transaction, the Bitcoin Network and also the Size and Number of Blocks.
So you Need to Pay Recommend Fees to increase the Speed of your Transaction......

[AdolfinWolf]

Was waiting on a blockchain transfer yesterday on a site with a active chatter box and got frustrated waiting for multiple hours. So in chat someone told me to use --------- site instead of blockchain and it would be faster.
I thought all transactions had to go through the blockchain and would only be sped up based on fee, so what am I missing?
Was this just pulling my chain or are there ways to bypass the blockchain?

Thanks for clarifying..

They do all go through the blockchain, but there are certain miner sites which can speed up your transaction by prioritizing your transaction, even if you have a lower fee, you can still be confirmed earlier. Although this also depends on when they mine the block.

ViaBTC for example offers this. You can put your transaction in their next block for free.

Check out; https://www.viabtc.com/tools/txaccelerator/

[BitCao]

It depends on how fast the next block is confirmed. You'll have to wait no matter what. As long as you include a sufficient fee your transaction should be included in the next block which averages like 10 mins, I believe?

[cleygaux]

It depends on how fast the next block is confirmed. You'll have to wait no matter what. As long as you include a sufficient fee your transaction should be included in the next block which averages like 10 mins, I believe?

Can i ask? how to know if I send enough or sufficient fee for my transaction? sorry just getting started with bitcoins recently, for example I'm using coinbase account and I sent some bitcoins to my friend and his using blockchain wallet, how to know the transaction fee for this??

[pooya87]

It depends on how fast the next block is confirmed. You'll have to wait no matter what. As long as you include a sufficient fee your transaction should be included in the next block which averages like 10 mins, I believe?

Can i ask? how to know if I send enough or sufficient fee for my transaction? sorry just getting started with bitcoins recently, for example I'm using coinbase account and I sent some bitcoins to my friend and his using blockchain wallet, how to know the transaction fee for this??

i believe coinbase sets the fee automatically and doesn't tell you or deduct it from your account. they do it automatically and include enough fees.

but to know this, usually the bitcoin wallets suggest it to you based on the analysis they make of the mempool and previous blocks,... also you can use online tools such as http://bitcoinfees.21.co/ for more information.
even some block explorers such as https://live.blockcypher.com/btc/ suggest fees. you can also do it with an API call if you are a programmer. https://api.blockcypher.com/v1/btc/main

[DannyHamilton]

Was waiting on a blockchain transfer yesterday on a site with a active chatter box and got frustrated waiting for multiple hours. So in chat someone told me to use --------- site instead of blockchain and it would be faster.
I thought all transactions had to go through the blockchain and would only be sped up based on fee, so what am I missing?
Was this just pulling my chain or are there ways to bypass the blockchain?

Thanks for clarifying..

All transactions become confirmed by being included in THE BLOCKCHAIN by a solo miner (or mining pool) when they feel that the transaction is paying a high enough transaction fee.  A higher fee acts as an incentive to encourage the miners (and mining pools) to confirm your transaction sooner than other transactions that pay a lower fee.

blockchain.info is a private company that provides a wallet service and has chosen to name themselves after a feature of the bitcoin protocol.  They are NOT the blockchain. They have no direct control over the blockchain. They have no special relationship to the blockchain.  blockchain.info's wallet service has a reputation for not paying a high enough transaction fee at times.  By switching to a different wallet, it may be possible to create transactions that pay a higher transaction fee and therefore increase the speed that they will get confirmed.

[cleygaux]

It depends on how fast the next block is confirmed. You'll have to wait no matter what. As long as you include a sufficient fee your transaction should be included in the next block which averages like 10 mins, I believe?

Can i ask? how to know if I send enough or sufficient fee for my transaction? sorry just getting started with bitcoins recently, for example I'm using coinbase account and I sent some bitcoins to my friend and his using blockchain wallet, how to know the transaction fee for this??

i believe coinbase sets the fee automatically and doesn't tell you or deduct it from your account. they do it automatically and include enough fees.

but to know this, usually the bitcoin wallets suggest it to you based on the analysis they make of the mempool and previous blocks,... also you can use online tools such as http://bitcoinfees.21.co/ for more information.
even some block explorers such as https://live.blockcypher.com/btc/ suggest fees. you can also do it with an API call if you are a programmer. https://api.blockcypher.com/v1/btc/main

thank you for the link kinda useful to all newbie to bitcoin, i will take time to read this all and hopefully applied for my future transactions.

[Kakmakr]

Ok, what most probably happened was that the person in the chat box, gave you another Block explorer to track your transactions on the Blockchain. Danny already explained to you that the site Blockchain.info is not the actual Blockchain, so I hope you got that.

The site Blockchain.info has a block explorer function added as a feature to help users track their transactions on the Blockchain and this person just gave you another site, with which you can track your transactions.

The Blockchain.info site has had some problems lately, and people noticed that other block explorer sites, shows their transactions, but Blockchain.info does not. < There seems to be a long delay, but it eventually shows the info > So people switched to other sites that updates immediately. 

Hope that explains it. ^smile^

[Bitcoin_Mafia_Me]

I ran into this same problem a couple of weeks ago and started poking around Google for the answer. I found a link to an
article about stuck transactions that contained a link to a transaction accelerator. I don't claim to know how it works, but
both times I've used it, my transactions became unstuck shortly thereafter.

Coincidence? Maybe. I don't know if I'm allowed to post the site's URL in here, so feel free to PM me if you want it.

Best,

Cynthia