Its over 24hrs and i am yet to get my transaction confirmed what could be the reason for delaying. I was thinking if a transaction exceeds 24hrs without been confirmed on the block it will be reversed automatically
How long will it take to get this transaction confirmed or reversed?
If the transaction fee is too low, miners may prioritize other transactions with higher fees, resulting in a delay in confirmation. If a transaction remains unconfirmed for an extended period, it is unlikely tobe reversed automatically. In most cases, the transaction will eventually be dropped from the network, and the fumds will be returned to the sender's wallet. However, this process can take up to two weeks, depending onthe specific blockchain network.
If you have not received confirmation of your transaction after 24 hours, you may want to chec the status of your transaction on a blockchain explorer like what you did or contact the wallet or exchange where you sent the funds. They may be able to provide more information about the status of your transaction and offer assisstance if needed.