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Author Topic: Chain.so  (Read 52 times)
Jehuda
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December 15, 2017, 06:59:59 PM
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Hello I don't know whether this is the right place to post this but here it goes,

I was wondering how is it that Chain.so is struggling so hard to process all the BTC transactions. On 13/12 I have sent 0.07862241 BTC and payed 0.00078572 in fees (so not a low fee transaction), yet my transaction is still unconfirmed after 2 days. Yet when I send the same amount from my Exodus wallet for example or any other wallet for that matter and pay the same fee the transaction gets processed in under one hour. I also cannot find the transaction ID on https://blockchain.info/ it only exists on Chain.so. Can somebody here be so kind and enlighten me about how is this even possible?

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December 16, 2017, 05:39:09 AM
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Hey there. I replied to your previous post that you made on the technical forum, and since this post seems to be the exact same copy of that one, I'll just refer back to my earlier reply:

Hello I have asked this question on several forums and got no answer.

I was wondering how is it that Chain.so is struggling so hard to process all its BTC transactions. On 13/12 I have sent 0.07862241 BTC from my Hashlfare wallet and payed 0.00078572 in fees (so not a low fee transaction). Hashflare confirmed it but and my transaction has still not arrived in my Exodus wallet after 2 days. Yet when I send the same amount from my Exodus wallet for example or any other wallet for that matter and pay the same fee the transaction gets processed in under one hour. I also cannot find the transaction ID on https://blockchain.info/ it only exists on Chain.so. I do understand that miners prioritize the transaction with the highest fee and (my transaction being one of them) can somebody here be so kind and enlighten me about how is this even possible that after 2 days my transaction is still not confirmed ? I am just trying to understand the logic behind this.
Many thanks

If it is not on Blockchain.info but it does show up on some other blockchain lookup tool, it probably means that the transaction is still unconfirmed and was in this status long enough for Blockchain.info to drop it from their own mempool. This means that unless the transaction does end up getting confirmed, they will stop broadcasting it. Also, it is important to note that a transaction with a higher fee may have less priority than one with a lower fee depending on the actual size of the transaction in bytes. What matters is the fee per byte, not the raw fee itself. If you go to https://btc.com/stats/unconfirmed-tx you can check what a good transaction fee is, which right now is showing at around 400 satoshi per byte. If your transaction has less than that, you might have to keep waiting longer or have the sender resend it or double spend it.

I am still not fully sure of what you mean when you say Chain.so is struggling to process transactions. I took a look at the website and from what I can tell, it is simply a block explorer like Blockchain.info. Unless I am wrong about this, my previous reply explains why it is that a transaction will not show up on other nodes. Unless I misunderstand something, you must be new to Bitcoin. If you are, take a look at the Beginners and Help section where you can ask and see answers to similar questions: https://bitcointalk.org/index.php?board=39.0.

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December 16, 2017, 11:19:40 AM
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well i am facing similar problem . My btc is stuck and unconfirmed since last 3 days .. and i am not the only person who is facing this problem . there are lot more guys are facing this problem who have withdrawn from www.oaccoin.com  website . what we ment to say is the transaction id which is showed buy parent website is not showed in www.blockchain.info but the same transaction id it showed in www.chain.so so we guys are kind of worried y is it talking long time for transaction . we are not alone there are lot of ppl are thinking the withdrawal process is legit scam or something . please share your knowledge on this if u think we are new to this !! we will appreciate.



thank you !!
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December 16, 2017, 12:38:08 PM
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Hello I don't know whether this is the right place to post this but here it goes,

I was wondering how is it that Chain.so is struggling so hard to process all the BTC transactions. On 13/12 I have sent 0.07862241 BTC and payed 0.00078572 in fees (so not a low fee transaction), yet my transaction is still unconfirmed after 2 days. Yet when I send the same amount from my Exodus wallet for example or any other wallet for that matter and pay the same fee the transaction gets processed in under one hour. I also cannot find the transaction ID on https://blockchain.info/ it only exists on Chain.so. Can somebody here be so kind and enlighten me about how is this even possible?

ID: c828604808634fc6f76a10c73cc8e336a3c5fe04df1f1c152d4909a2aef54716

Chain.so is a merely block explorer of bitcoin like blockchain.info and blockexplorer.com, processing transactions didn't happened on this site but the miners did. Processing transactions and the first to be processed to have atleast 1 confirmation depends on the (i)transaction size, (ii)transaction fee, (iii) the numbers or unconfirmed transaction on the network. Like what other people experiencing with their transaction is because of (iii), even if you have a huge TX fee for your TX, if the current recommended fee is higer then those huge fees at the current time will be choosen of some miners and will be the first to be confirmed.

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