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Author Topic: New transaction accelerator on the market - mempool.space  (Read 726 times)
xixou
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March 30, 2024, 08:34:01 AM
 #41

I still see
You are currently on the waitlist. You will get notified once you are granted access.
Do you know how much time it takes to get access to the accelerator?
I have set a way to low fee and turned off RBF ... What a mess, there is no confirmation after 1 month ...
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March 30, 2024, 08:57:13 AM
 #42

I still see
You are currently on the waitlist. You will get notified once you are granted access.
Do you know how much time it takes to get access to the accelerator?
I have set a way to low fee and turned off RBF ... What a mess, there is no confirmation after 1 month ...

If 1 month already passed, most node already drop your transaction from it's node. Depending on which wallet software you use, you can "delete" that unconfirmed transaction and create new ones with better fee rate.

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xixou
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March 30, 2024, 10:54:27 AM
Last edit: March 30, 2024, 11:06:27 AM by xixou
Merited by vapourminer (1)
 #43

I still see
You are currently on the waitlist. You will get notified once you are granted access.
Do you know how much time it takes to get access to the accelerator?
I have set a way to low fee and turned off RBF ... What a mess, there is no confirmation after 1 month ...

If 1 month already passed, most node already drop your transaction from it's node. Depending on which wallet software you use, you can "delete" that unconfirmed transaction and create new ones with better fee rate.
I use bitcoin core QT.
I do not see delete transaction when right clicking on it. (abandon transaction and increase fee (RBF was off) are grayed out)
Transaction is here:
https://mempool.space/tx/42888c7b1540f8d5b9e074d15c2d86d7b03878adf6f173c7316f09910c2dabd9
If I delete, will my sat be back in the wallet?
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March 30, 2024, 02:50:32 PM
 #44

(abandon transaction and increase fee (RBF was off) are grayed out
I've often noticed that too. I'm not sure when this feature can be used.

Quote
If I delete, will my sat be back in the wallet?
Yes.

After a month, Bitcoin Core should be able to forget this 1 sat/vbyte transaction. It's even under the purge limit.
Alternatively, you could probably import the private key into Electrum and create a new transaction there, but try first to wipe this transaction from your Bitcoin Core.

xixou
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March 30, 2024, 05:51:53 PM
 #45

Could it be that the delete transaction can only be done if you still have BTC in you wallet?
I get 0 for now.
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April 01, 2024, 06:40:03 PM
 #46

Could it be that the delete transaction can only be done if you still have BTC in you wallet?
I get 0 for now.

Silly question to ask... it's impossible to make any transaction in bitcoin blockchain if you have ZER0 coins in your wallet, and zero really needs to be 0, not 0.00012 or similar.
You can't get in negative balance with bitcoin, like you can do with fiat currencies and banks accounts.

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xixou
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April 02, 2024, 12:45:42 PM
 #47

I made the payment to empty my wallet, this is why it is at 0 At the moment.
It was not the case before of course.
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April 02, 2024, 07:05:16 PM
 #48

I made the payment to empty my wallet, this is why it is at 0 At the moment.
It was not the case before of course.
Yeah, I see you tried to do, but older format addresses you used needs higher fees.
You can wait a very long time for confirmation with minimal 1.00 sat/vB fee that you used, but you can always send more coins to your wallet and accelerate transaction if you are in a hurry.
Next time make sure to check mempool.space before making any (consolidation) transactions.

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April 02, 2024, 09:11:00 PM
 #49

If I delete, will my sat be back in the wallet?
Yes.

After a month, Bitcoin Core should be able to forget this 1 sat/vbyte transaction. It's even under the purge limit.
Alternatively, you could probably import the private key into Electrum and create a new transaction there, but try first to wipe this transaction from your Bitcoin Core.
Just want to confirm this. As far as I understood, if you post in public the transaction that you want to accelerate, you might be in trouble because if you don't accelerate it and will hope that nodes will forget your transaction soon, then there might come someone evil who will push nodes to broadcast your transaction and it will be unconfirmed till the day recommended fees match to your TX fees.

You can wait a very long time for confirmation with minimal 1.00 sat/vB fee that you used
That might not happen for months in the best case, years in the good case and never in the worst case.

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April 02, 2024, 09:21:35 PM
 #50

if you post in public the transaction that you want to accelerate, you might be in trouble because if you don't accelerate it and will hope that nodes will forget your transaction soon, then there might come someone evil who will push nodes to broadcast your transaction and it will be unconfirmed till the day recommended fees match to your TX fees.
No need to post anything: the moment you broadcast a transaction, it's public knowledge. "Someone evil" can just be a node with very large mempool. But for most other nodes, 1 sat/vbyte is still under the purge limit, so they won't even remember it.
The only way to make a signed transaction invalid is by moving at least one of the inputs (with a higher fee).

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