Pending transaction..

[Sandra_hakeem]

Hey y'all..
I made a transaction to another subsidiary wallet and I was charged with a high txn fees - the gas fee was as high as $11 and I reduced it through an enabling tool on TW.. mind you, the weight and size of this dustcoin is 450 and 195 respectively.
The problem now is, the txn has been pending for over 11 hours now and I had to use VIAbtc accelerator to quicken the confirmation process, only to be told that my adjusted gas fee is too low to be confirmed...
I was definitely looking for ways I could adjust back the gas fee and I stumbled on CPFP. I don't know how to initialize that to correct the fees and so on but I need your help!! Is there a way out???
Edit: I meant to say "tnx fees" not gas fees

Sandra 🧑‍🦰

[Charles-Tim]

Bitcoin transaction fee is not called gas fee, it is called transaction fee, or you can just call it fee.

You can check the fee rate here:

https://mempool.space/
https://jochen-hoenicke.de/queue/#BTC,24h,weight

If you send the coin to a noncustodial wallet, import the seed phrase of the wallet on Electrum. Spend part of the unconfirmed transaction to another address on your Electrum wallet, or if you want to send coins to someone. Use a fee that is high enough that can make the two transactions to be confirmed. I mean the unconfirmed (parent) transaction and the (child) transaction that you just want to make now.

To accelerate a transaction using ViaBTC, the transaction fee supposed not to be less 10 sat/byte (around 18.5 sat/vbyte for 1 input and 1 output if you use segwit addresses).

If you used wallet that support RBF, you only just need to have increased the fee and that makes it simple and not using more fee as it is in child-pay-for-parent.

Recommended wallet to use: Bitcoin open source wallets that support replace-by-fee (RBF)

[BitMaxz]

What do you mean by gas fee? Are you sending ETH/tokens?
Bitcoin doesn't have gas fees the term that is used on Bitcoin is transaction fees.

Anyway, what wallet do you use? If you have full control of your wallet you can bump the transaction(RBF) if it's not an RBF transaction then you can CPFP if you have full control of the receiving address.

You can also rebuild the transaction even if the transaction does not have a signal for RBF you can replace it with an RBF flag.

[stompix]

Hey y'all..
I made a transaction to another subsidiary wallet and I was charged with a high txn fees - the gas fee was as high as $11

You sure you used Bitcoin?  

as high as $11, I reduced it through an enabling tool on TW.. mind you, the weight and size of this dustcoin is 450 and 195 respectively.

I hate to admit but you lost me here...

The problem now is, the txn has been pending for over 11 hours now and I had to use VIAbtc accelerator to quicken the confirmation process, only to be told that my adjusted gas fee is too low to be confirmed...

Again, no gas, just use sat/b like everyone does
You're under 18sat/vb then, but you say you have only 195vB size? Then it won't be that costly to use CPFP
https://bitcointalk.org/index.php?topic=5285192.0
Anyhow, if you could just say how much the fee is in sat/vb, if you're just below the next few blocks fee you could simply wait, it's weekend and transactions are losing steam, you might still get a confirmation by early Monday.

[Charles-Tim]

Anyway, what wallet do you use? If you have full control of your wallet you can bump the transaction(RBF) if it's not an RBF transaction then you can CPFP if you have full control of the receiving address.

There is no wallet close to TW than Trustwallet, so the transaction is not replace-by-fee opted in.

You can also rebuild the transaction even if the transaction does not have a signal for RBF you can replace it with an RBF flag.

You mean this: https://bitcointalk.org/index.php?topic=5474986.msg63198878#msg63198878

That is also a good suggestion.

[Sandra_hakeem]

You mean this: https://bitcointalk.org/index.php?topic=5474986.msg63198878#msg63198878
That is also a good suggestion.

I wanna try this description on electrum wallet to see how I could push through...

What do you mean by gas fee? Are you sending ETH/tokens?
Bitcoin doesn't have gas fees the term that is used on Bitcoin is transaction fees.

"Gas fee" wasn't the intended term.ty

Anyway, what wallet do you use? If you have full control of your wallet you can bump the transaction(RBF) if it's not an RBF transaction then you can CPFP if you have full control of the receiving address.

I'm not sure you read what I wrote clearly..I do have full control over the wallet.. TW doesn't enable RBF transactions and I don't have an idea on initializing the CPFP like I said...

You can also rebuild the transaction even if the transaction does not have a signal for RBF you can replace it with an RBF flag.

Lemme see how this goes then ..

[Charles-Tim]

I wanna try this description on electrum wallet to see how I could push through..
"Gas fee" wasn't the intended word

I have not tried this before and be looking for a way to broadcast my transaction on a node that is supporting full RBF.

My advise as always been to use a wallet that support opt-in RBF. Because your wallet is not supporting RBF, I will advice you to do CPFP.

Or if you can wait, import your wallet seed phrase from Trustwallet (sender's wallet) to Electrum and wait for like 2 weeks. The transaction would be dropped from mempool and you will be able to rebroadcast it again.

[Zaguru12]

I do have full control over the wallet.. TW doesn't enable RBF transactions and I don't have an idea on initializing the CPFP like I said...

Yes you’re right Trustwallet doesn’t have an opt in RBF but since most of the nodes actually enable full RBF this days you can still replace your transaction and the full RBF node will treat it as a replacement. This guide contains an information on how to do that on electrum https://bitcointalk.org/index.php?topic=5474986.msg63198878#msg63198878 but you must pay attention to the server switch till you connect to the node that enables full RBF.

Now the simpler option is the CPFP which is easier. Since you control the receiving address just make sure you have funds extra on that funds on that receiving address wallet and then import the seed into electrum. You will notice an unconfirmed transaction just click on it and spend the transaction into another address or to the same receiving address with a much higher transaction fee that would cover for both transactions.

Or if you can wait, import your wallet seed phrase from Trustwallet (sender's wallet) to Electrum and wait for like 2 weeks. The transaction would be dropped from mempool and you will be able to rebroadcast it again.

You didn’t let the OP know that it could be more than that 14 days as we have seen in the past due to the size of individual nodes mempool. And from OP’s post i don’t think she will wait till then

[Charles-Tim]

You didn’t let the OP know that it could be more than that 14 days as we have seen in the past due to the size of individual nodes mempool. And from OP’s post i don’t think she will wait till then

He should just not use the old wallet again so that the transaction will not rebroadcast itself again and again, and wait for 14 days. He should also not use those fake accelerators that are just rebroadcasting transactions.

[hosseinimr93]

How much is the fee rate you used for your transaction?

The current purging fee rate for nodes with default mempool size is 10.9 sat/vbyte. If the fee rate you used for your transaction is less than that, most nodes have purged your transaction from their mempool and you should be able to make a new transaction.

To do so, you need to import your wallet in electrum and change the server until you connect to a one which doesn't have your transaction in its mempool.

I'm not sure you read what I wrote clearly..I do have full control over the wallet.. TW doesn't enable RBF transactions and I don't have an idea on initializing the CPFP like I said...

To do CPFP, you need to have full control over one of the receiving addresses. Do you?

[philipma1957]

You didn’t let the OP know that it could be more than that 14 days as we have seen in the past due to the size of individual nodes mempool. And from OP’s post i don’t think she will wait till then

He should just not use the old wallet again so that the transaction will not rebroadcast itself again and again, and wait for 14 days. He should also not use those fake accelerators that are just rebroadcasting transactions.

viabtc.com tool is not fake it works

All others are fake.


if the tx is under 500kb and sats were over 11 it will work. I used 11 not 10 to be sure.


At op if you want to move small amounts get a trezor hardware wallet. yes others work trezor is know by me it is what I use.

trezor allows rbf .


you can go to this site

https://mempool.jhoenicke.de/#BTC,30d,weight

it will give you an idea of how much you need to spend and if you send with trezor you can add if needed

look at this current image.
it shows 30 sats as the choke point.
30 is kind of filled up and could be too slow.
Ie 40 sats may work
50 sat will be better
60 sat looks to be the lowest for a fast send

[BitMaxz]

You mean this: https://bitcointalk.org/index.php?topic=5474986.msg63198878#msg63198878

That is also a good suggestion.

Yes, that's what I'm talking about or by running Bitcoin core with "-mempoolfullrbf"

I'm not sure you read what I wrote clearly..I do have full control over the wallet.. TW doesn't enable RBF transactions and I don't have an idea on initializing the CPFP like I said...

Sorry about that but you didn't mention that you have full control over your wallet and TW is another term that I don't recognize that is why I ask. Since Charles-Tim said the close wallet for TW is Trust Wallet you should have a backup seed and you can import it to Electrum and follow the guide posted by hosseinimr93.
Or you can also do some experiment if you have full node you can run your Bitcoin core with "-mempoolfullrbf".

[khaled0111]

It's not that hard. Let me explain it to you in simple terms:
Let's suggest you own 1btc and you sent 0.5 to the recipient. You are supposed to receive 0.5btc back,right!
If you own the recipient wallet, you can perform CPFP. If you are getting any change back, you can perform CPFP. If you sent the full amount amount to someone else's wallet and you are not getting anything back then you can't perform cpfp.you need to control one of the outputs to perform CPFP.

[Sandra_hakeem]

Yes, I took long to respond cus I needed to make some personal observations as to what happens afterwards but, I'm disappointed!

Sorry about that but you didn't mention that you have full control over your wallet and TW is another term that I don't recognize that is why I ask. Since Charles-Tim said the close wallet for TW is Trust Wallet you should have a backup seed and you can import it to Electrum and follow the guide posted by hosseinimr93.

I do have full control... I was able to import my seed phrase into the new electrum wallet... Though nothing's changed since then; my balance is still zero and I've tried manipulating the severs to see if it'll connect to a one but, all to no avail...Also, it's being connected to about 10 nodes and the mempool fees are fluctuating between 38sat/vb - 145 sat/vb.

How much is the fee rate you used for your transaction?

15 sat/vB

viabtc.com tool is not fake it works

All others are fake.

 VIAbtc ain't crap...  I used BITaccelerate and it wasn't working, I didn't need to be told that was wack ASF! Maybe I'll just have to wait till whenever?? Uhmmm.

Sandra 🧑‍🦰

[pinkfloyd]

Bitcoin transaction fee is not called gas fee, it is called transaction fee, or you can just call it fee.

You can check the fee rate here:

https://mempool.space/
https://jochen-hoenicke.de/queue/#BTC,24h,weight

If you send the coin to a noncustodial wallet, import the seed phrase of the wallet on Electrum. Spend part of the unconfirmed transaction to another address on your Electrum wallet, or if you want to send coins to someone. Use a fee that is high enough that can make the two transactions to be confirmed. I mean the unconfirmed (parent) transaction and the (child) transaction that you just want to make now.

To accelerate a transaction using ViaBTC, the transaction fee supposed not to be less 10 sat/byte (around 18.5 sat/vbyte for 1 input and 1 output if you use segwit addresses).

If you used wallet that support RBF, you only just need to have increased the fee and that makes it simple and not using more fee as it is in child-pay-for-parent.

Recommended wallet to use: Bitcoin open source wallets that support replace-by-fee (RBF)

I have a pending transaction received on exodus wallet that has no confirmations for 5 days.   Can I import the seed phrase on to Electrum to use the this method, child-pay-for-parent?   Also, on mempool.space it shows the fee rate at 44.2 sat/vB and effective fee rate 18.2 sat/vB, what does that mean and how much should i set the fee on Electrum?

[Charles-Tim]

I have a pending transaction received on exodus wallet that has no confirmations for 5 days.   Can I import the seed phrase on to Electrum to use the this method, child-pay-for-parent?   Also, on mempool.space it shows the fee rate at 44.2 sat/vB and effective fee rate 18.2 sat/vB, what does that mean and how much should i set the fee on Electrum?

Exodus is a close source wallet and not a wallet that I can recommend.

But you can do child-pay-for-parent on Exodus.

What if I get a warning about paying extra fees?
If you try to send out your Bitcoin from a transaction that is not yet confirmed on the blockchain, Exodus will warn you that you are paying higher fees for spending an unconfirmed transaction. This will create a CPFP transaction.

You'll also receive this warning if you are sending out lots of UTXOs or a very large sized transaction that will incur higher-than-usual fees.

CPFP transaction fees are higher to incentivize miners to include the transaction in the next block mined. Make sure you’re willing to pay the extra fee before proceeding.

If you don't want to pay the extra fees, you can wait for all of your incoming transactions to be confirmed on the blockchain before sending a transaction out.

The child transaction can be into your own address, or using one stone to kill two birdy if you have a transaction to send to someone.

[pinkfloyd]

I'm using exodus on my iphone and my balance doesn't include the pending transaction amount.   Is that snapshot is a desktop version?

[hosseinimr93]

Can I import the seed phrase on to Electrum to use the this method, child-pay-for-parent? 

Yes.

Also, on mempool.space it shows the fee rate at 44.2 sat/vB and effective fee rate 18.2 sat/vB, what does that mean and how much should i set the fee on Electrum?

Your transaction should have unconfirmed parent(s) and that's why it hasn't been confirmed yet.

The fee rate you should set for your CPFP transaction depends on the fee already paid for your unconfirmed transaction and its unconfirmed parent(s) and their (virtual) size.

[Charles-Tim]

I'm using exodus on my iphone and my balance doesn't include the pending transaction amount.   Is that snapshot is a desktop version?

You can not use Electrum on iPhone, but you can use it on Android. If you need iPhone wallet that you can use child-pay-for-parent, you can download Bluewallet.

https://bluewallet.io/

Bluewallet indicates it as pump fee.

[pinkfloyd]

Thank you Charles-Tim and thank you hosseinimr93.