NuclearBitcoin on Nostr: #Bitcoin Tip If your #Bitcoin transactions are getting stuck, it’s likely you ...
#Bitcoin Tip
If your #Bitcoin transactions are getting stuck, it’s likely you didn’t select a high enough confirmation fee. To correct this there are two options:
1.) Replace By Fee (RBF) from the wallet of origin in which transaction was sent.
2.) Child Pays For Parent (CPFP) from the receiving wallet.
Both of these methods include either the sender (Option 1) or receiver (Option 2) to pay an increased fee to the miner pools as an incentive to confirm the transaction quicker.
Hope this helps.
Published at
2023-06-03 11:29:18Event JSON
{
"id": "f1ad4ac80222970f73d126de74e068a5ea1610878bd031c436566836e03a754a",
"pubkey": "707f187de9696d5574267477f08f8969e1db036145adc9f82296ecb03871c6df",
"created_at": 1685791758,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "#Bitcoin Tip\n\nIf your #Bitcoin transactions are getting stuck, it’s likely you didn’t select a high enough confirmation fee. To correct this there are two options:\n\n1.) Replace By Fee (RBF) from the wallet of origin in which transaction was sent.\n\n2.) Child Pays For Parent (CPFP) from the receiving wallet.\n\nBoth of these methods include either the sender (Option 1) or receiver (Option 2) to pay an increased fee to the miner pools as an incentive to confirm the transaction quicker.\n\nHope this helps.",
"sig": "01a46f21537572cbef63ab4df1dfebb4e2e4e234194ba1f3b42d3b7f16873d16b3ff3339ef0296de15bb6982d63138ed0b0f29690a7a610e407e294c88829af3"
}