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Author Topic: BTC tx accelerator works really?  (Read 506 times)
nc50lc
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November 03, 2020, 05:32:03 AM
Merited by Yogee (1)
 #21

Here is a very easy way to tell if they are really accelerating your transaction:
Upon getting a confirmation,  use a blockexplorer (specifically, blockchain.com) to check the block height of your transaction
and there's usually a pool name (set by the blockexplorer).

If it's "unknown", there's a good chance that the person is solo mining to include the accepted transactions.
If you'll only seeing random pools, then it's a rip-off, or the fee is just enough to be mined within the next few blocks.

For example, ViaBTC accelerator when used will be displayed as the miner of the accelerated transactions.
I've used it trice during this "high fee season" and the results are consistent.

.
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November 03, 2020, 06:52:27 AM
 #22

Here is a very easy way to tell if they are really accelerating your transaction:
Upon getting a confirmation,  use a blockexplorer (specifically, blockchain.com) to check the block height of your transaction
and there's usually a pool name (set by the blockexplorer).

If it's "unknown", there's a good chance that the person is solo mining to include the accepted transactions.
I took three tx hash from a very active free or paid accelerator service thread here and tested using your method. Three different mining pools showed up as a result namely Poolin, F2Pool, BTC.com.

I don't wanna name it but it's easy to figure out.

Quote
.....If you'll only seeing random pools, then it's a rip-off, or the fee is just enough to be mined within the next few blocks.
Does this mean that the transaction would have confirmed even without their "help"?

........

They should stop calling themselves as "accelerators" and change to "rebroadcaster" instead if they're not self-mining or connected to a mining pool.

R


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nc50lc
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November 03, 2020, 08:45:04 AM
 #23

Quote
.....If you'll only seeing random pools, then it's a rip-off, or the fee is just enough to be mined within the next few blocks.
Does this mean that the transaction would have confirmed even without their "help"?
Depending on the fee rate of those transactions, but I bet that was the case.

There's also a chance that the service is legit but those transaction were mined by pools first since their fees are actually good enough and pools' hashrates are higher.
If you can gather more transactions, that should give you a more accurate conclusion.
There was a case when "some accelerator" took all the glory with a "done" quote while I'm the one who did the work.

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November 03, 2020, 11:58:14 AM
 #24

However I still dont consider the services provided about transaction acceleration by some members of this forum and like I said I would defenitely like to hear from them too instead of just giving it a one sided speculation.

Anyone can offer such a service and then use some other services, and present the results as their own success (if any). Often it is actually just a re-broadcast of the transaction, which is very easy to sell under acceleration - and often the transaction is confirmed on a regular basis, for which some of course take credit.

I personally had the only success with ViaBTC (as a free option) and everything else I tried ended in failure. Therefore, it would be much smarter to learn how to reduce fees using native SegWit and consolidating inputs at a time when fees are minimal.

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November 03, 2020, 07:14:07 PM
 #25

I have never found a good accelerator at all. I was once using a free service on this forum and it turned out to be nothing. Waiting was still the only thing I can do during network congestion. I guess they only make it up in order to collect money from people who are desperate with long transactions

There is a way to change the transaction fee but it only happens while using myetherwallet (using ethereum). You just simply make a new transaction with a higher fee and then it will make the previous one cease to exist. Well, personally, using altcoins in this high time is better than using bitcoin. Waiting for such a long time definitely interrupt our businesses

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November 04, 2020, 05:25:10 AM
 #26

Here is a very easy way to tell if they are really accelerating your transaction:
Upon getting a confirmation,  use a blockexplorer (specifically, blockchain.com) to check the block height of your transaction
and there's usually a pool name (set by the blockexplorer).
keep in mind that the pool names represented on block explorers are not that accurate. they usually have a list of hard-coded names that they try to find an exact match for inside the coinbase transaction. if the name is slightly different (like something simple as having an extra byte at the beginning) they will fail to match and show it as unknown.

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November 04, 2020, 05:35:51 AM
 #27

I can't tell, but based on my experience, it seems like nothing change when I tried to accelerate the transaction, but mind you, all my the services I have used is a "free service", not sure if there's a difference if you are using a paid service.

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November 04, 2020, 05:40:44 AM
Merited by eaLiTy (1)
 #28

I can't tell, but based on my experience, it seems like nothing change when I tried to accelerate the transaction, but mind you, all my the services I have used is a "free service", not sure if there's a difference if you are using a paid service.
ViaBTC free accelerator still works for me atleast!
https://www.viabtc.com/tools/txaccelerator

Also this guy seems to be helpful:
https://bitcointalk.org/index.php?topic=5034315.0
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November 04, 2020, 06:01:18 AM
 #29

I can't tell, but based on my experience, it seems like nothing change when I tried to accelerate the transaction, but mind you, all my the services I have used is a "free service", not sure if there's a difference if you are using a paid service.
ViaBTC free accelerator still works for me atleast!
https://www.viabtc.com/tools/txaccelerator

Also this guy seems to be helpful:
https://bitcointalk.org/index.php?topic=5034315.0


Been using viabtc as I believe they are the most popular, but like I said, I don't see any big difference.
However, during this time, I already ensure a high fee everytime I transact, just to not wait for too long like my friend experience which his transaction was still unconfirmed for many days already. 

Thanks for recommending that thread, I'll tell him to use that.

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November 04, 2020, 06:02:40 AM
 #30

-snip-
keep in mind that the pool names represented on block explorers are not that accurate. they usually have a list of hard-coded names that they try to find an exact match for inside the coinbase transaction. if the name is slightly different (like something simple as having an extra byte at the beginning) they will fail to match and show it as unknown.
The "unknown" miners must be inaccurate and may be another one of those known pools, but the named ones could be reliable.

blockchaindotcom, the one I suggested to use, is basing it on the coinbase transaction's address.
You can click the miner's name and you'll be redirected to an address' transaction history.
That suggests that they have a database of addresses linked to mining pools (there may be two or more addresses linked to a single pool).

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November 04, 2020, 02:38:57 PM
 #31

The "unknown" miners must be inaccurate and may be another one of those known pools, but the named ones could be reliable.
blockchaindotcom, the one I suggested to use, is basing it on the coinbase transaction's address.
You can click the miner's name and you'll be redirected to an address' transaction history.
That suggests that they have a database of addresses linked to mining pools (there may be two or more addresses linked to a single pool).

Blockchair has a far better tagged database than blockchaincom, they show a lot of unknown where there is nothing unknown about them.
Quite funny in their pool stats they show huobi and 1tash but they don't tag their blocks.

Anyhow, the entire solo mining thing is quite unrealistic, you would have to own at least 1% of the hashrate to think of an average of 1-2 blocks a day so you can actually confirm something in time, not wait a week for it, and for that, you would need more 10 000 S19 or 60k S9  and I don't see a guy with equipment wort 20 million dollars being non-stop online and taking confirmation requests. A pool technician, maybe..but still slim chances. When we talk about a thing that makes at least 70k$ a day if h wanted to help he could set up a website for 100$ rather than taking requests via a forum.

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November 25, 2020, 01:55:30 PM
 #32

~
Wow, you've managed to arrive at exactly the wrong conclusion.
You were tricked into believing that bitaccelerate was indeed helping you getting the transactions confirmed because you were sending them when the network was not full and they would have been confirmed without you doing anything extra. The proof is that when the mempool is full it doesn't do a thing for you.
After having a few drinks it is hard to articulate what i wanted to say Cheesy.  I had no faith in these accelerators and the site i mentioned was created to make ad revenues and i had no idea who is running that but if a pool is running one then they can accelerate that and viabtc is the only accelerator i knew and it was not working for a long time and was not aware of any pool running one.

As per the suggestion by bL4nkcode i tried antpool accelerator with a lower fees to try whether it is working but i did not see any difference.

Also this guy seems to be helpful:
https://bitcointalk.org/index.php?topic=5034315.0
Will check that one and thanks for that.
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November 25, 2020, 02:39:49 PM
 #33

I can't tell, but based on my experience, it seems like nothing change when I tried to accelerate the transaction, but mind you, all my the services I have used is a "free service", not sure if there's a difference if you are using a paid service.

I'm using a free service from a friend from my telegram account, I think his service works for me I have one transaction that was unconfirmed for 7 hours already so I ask him to accelerate my transaction and within two hours the transaction was confirmed and he did it 4 times to me already, but now I'm using bitaccelerate it uses at least 6 pool to rebroadcast it, so I guess re broadcasting it also helps to confirm.

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November 25, 2020, 05:48:57 PM
 #34

I'm using a free service from a friend from my telegram account, [...]
Make two identical transactions when the mempool is full. Ask your friend to "accelerate" one of them. See if it gets confirmed faster then the other. Or just asks him how he can do that, because it's mostly bs.

so I guess re broadcasting it also helps to confirm.
It doesn't.

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November 26, 2020, 07:05:54 AM
 #35

As per the suggestion by bL4nkcode i tried antpool accelerator with a lower fees to try whether it is working but i did not see any difference.
How did you check to see if it works? If you expected to receive a confirmation as soon as it shows your TX under the "accelerated transactions" then that's not how it works...
- You still have to wait for them to mine a block or two.

so I guess re broadcasting it also helps to confirm.
I'll try to explain this without using technical terms:

Rebroadcasting services are more like a reminder but accelerating services, on the other hand, are more like the bouncer/bodyguard friend that you have at a certain club that helps you skip the line but that doesn't mean someone is going to buy you a drink as soon as you step in the club [you still have to wait for someone to do that for you, assuming you're a lady in this example].

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November 26, 2020, 07:27:46 PM
 #36

I have tried it once in the past, because I didn't add enough fee then. It seemed to have helped then, as it was confirmed a few hours later.
That could also have been a coincidence. What would happen to a transaction where you give way too little fee? will it ever be confirmed?

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November 28, 2020, 09:25:28 PM
 #37

As per the suggestion by bL4nkcode i tried antpool accelerator with a lower fees to try whether it is working but i did not see any difference.
How did you check to see if it works? If you expected to receive a confirmation as soon as it shows your TX under the "accelerated transactions" then that's not how it works...
- You still have to wait for them to mine a block or two.
Even if it took 6 hours to get the confirmation i will not claim that i did not work, i made a transaction with 27 SAT/B when the fees at that time was over 250 SAT/B and i added my transaction to antpool accelerator and it got confirmed only after the fees came down below 27 SAT/B after waiting a couple of days. That was the first time i tried using antpool accelerator after the recommendation, may be some other time they would accelerate the transaction but it did not happen when i tried.
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November 28, 2020, 11:52:14 PM
 #38

I have tried it once in the past, because I didn't add enough fee then. It seemed to have helped then, as it was confirmed a few hours later.
That could also have been a coincidence. What would happen to a transaction where you give way too little fee? will it ever be confirmed?
It will still be confirmed but it will take time to confirm when the network congested.

I have use a free accelerator and it looks like it help me confirm my transaction, I'm not sure it it really did but it increase the sat per byte according to the prompt message from the site. I've been using this one https://bitaccelerate.com/....you guys, what are your experience on this site?

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November 28, 2020, 11:58:09 PM
 #39

I've been using this one https://bitaccelerate.com/ ....you guys, what are your experience on this site?
If you read the previous replies, you will see I said multiple times that it doesn't work. It's just a rebroadcaster.

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November 30, 2020, 01:07:34 PM
 #40

I have use a free accelerator and it looks like it help me confirm my transaction, I'm not sure it it really did but it increase the sat per byte according to the prompt message from the site. I've been using this one https://bitaccelerate.com/....you guys, what are your experience on this site?
I have always observe this transaction accelerator for quite some times now and I wonder the kind of free service they offer, at the same I always see testimonials and know whether they are been paid to do so, although I have never tried it before so don't know how it works.
My questions for accelerators is this, what's their gain in performing this for free?
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