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Author Topic: BTC sent and confirmed but not received  (Read 310 times)
hosseinimr93
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September 08, 2020, 06:14:54 PM
Merited by BitcoinPanther (1)
 #21

Oh ok, thanks for correcting that out for me.  But it I believe it needs for the parent transaction to be confirmed before being confirmed itself, or do they both confirmed at the same time?
Both are possible.

As long as the first transaction is unconfirmed, the second transaction cannot be confirmed. So the second transaction must be confirmed in a same block or next blocks.
If the fee rate paid for the second transaction is much bigger than the fee rate paid for the first one, it would be very likely that both transactions are confirmed in a same block.

If the fee paid for the second transaction is that big, miners pick the first transaction, so they can be able to pick the the second one (in the same block) too. This is called CPFP (Child Pay For Parent).

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
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░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
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BitcoinPanther
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September 08, 2020, 06:34:34 PM
 #22

Oh ok, thanks for correcting that out for me.  But it I believe it needs for the parent transaction to be confirmed before being confirmed itself, or do they both confirmed at the same time?
Both are possible.

As long as the first transaction is unconfirmed, the second transaction cannot be confirmed. So the second transaction must be confirmed in a same block or next blocks.
If the fee rate paid for the second transaction is much bigger than the fee rate paid for the first one, it would be very likely that both transactions are confirmed in a same block.

If the fee paid for the second transaction is that big, miners pick the first transaction, so they can be able to pick the the second one (in the same block) too. This is called CPFP (Child Pay For Parent).

Cool info, thanks, I have used Electrum but never had a chance to explore its functions since I always use the recommended fees and never dare to tamper it just to be safe.



Any update on the transaction @OP?  I hope all the confusion is cleared on your side and that the receiver had confirmed he received you payment.
coupable
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September 08, 2020, 07:22:41 PM
 #23

Case resolved and op seems not to have enough knowledge about how transactions work within the blockchain.

One last thing i am curious to know, which is somehow off-topic; what kind of wallet op is using to broadcast that transaction!?
If you check the transaction details, you can note different address format in inputs; somes are legacy addresses and some others are segwit addresses:

Does there any btc client available for newbies (like op) that gives the ability to broadcast a transaction with different input formats? I am familiar with almost all the known clients [bitcore/electrum/bither/mycelium...] and they allow allow to create a wallet in one address format. And for custodial wallet, most of them don't even support segwit format.
I know that this is technically possible, but i am asking the question here according to the case mentioned by someone who is surely not a professional one .
hosseinimr93
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September 08, 2020, 08:52:10 PM
 #24

Does there any btc client available for newbies (like op) that gives the ability to broadcast a transaction with different input formats? I am familiar with almost all the known clients [bitcore/electrum/bither/mycelium...] and they allow allow to create a wallet in one address format.
Electrum does allow you to have wallet including addresses with different formats.

Look at the image below. I am importing a legacy address, a nested segwit address and a native segwit address into a single wallet.




Below is the result.


.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
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