Topic: Anyway to speed up confirmations? (Read 290 times)

I think not. That is why you have a choice between choosing transaction fees because miners will process it. And your transaction will be processed based on the fee you choose. Of course, miners will get the fees that are higher because they will gain higher. So if you choose the lowest, you pretty much have no choice but to wait long. This is also the reason why still many do not want to accept Bitcoins and use it like a normal or fiat currency. Maybe in the future somehow this can be improved.

With the increasing use of bitcoin all over the world, it causes masks that contain unconfirmed transactions are often increasing and full

The bitcoin transactions are sized in bytes, and how quickly the transactions are confirmed are determined by how high FEE / bytes

to know the size of your transaction, you can access https://blockchain.info/tx/*ketikhashanda*

example: https://blockchain.info/tx/aafcc8bbfdc160f9618f437b9c9cbcb74720fff4decc01b4652884559a9f195a

in the picture above we get 2 important information about this transaction
1. transaction size is 373 bytes
2. fee per bytes is 85.791 satoshi

Once we know the fee / byte we can take into account how long the transaction will be confirmed through the site
https://bitcoinfees.21.co/, this site provides estimates of estimated time when a transaction is confirmed with a given fee


according to the image below, since the sender uses the fee of 85 satoshi / bytes, the estimated time of the transaction confirmation estimate can take up to days even up to 5 days

To avoid this, you can send a bitcoin with a higher fee that is in accordance with the recommendations of this site, for the transaction you want to confirm within 30 minutes you can
sending with fee 181-200 satoshi / bytes or 0.000002 BTC * size of your transaction

Example: 0.000002 * 373 = 0.000746 BTC

Is there a tool to speed up transactions?
You can use https://www.viabtc.com/tools/txaccelerator/
ViaBTC has its own miner pool and will include your hash tx in their pool


Triv can not speed up / slow down transactions, if you want your transactions to be quickly confirmed in blockchain, you can send them at a high fee

why should worry if that still only 4 hrs already, some people get stuck for 1-3 days and they no worry because it always happen. btw, when i post this i checked addres and already get 6+ confirmation

The best way to speed up your transaction is to increase your fees. However, criptocurrency exchanges have own fees and usually it is faster to perform payments from criptocurrency exchange.

The easiest way is to use a free accelerator. If you need faster, in other forums users can do it for some money. Already for a long time this problem persists.

To speed up your transaction you need to accelerate your TXID . But I think bitcoin transaction now is slow due to heavy usage and many users, Suggest to use TXID accelerator. Hope it helps !

It depends on how busy the blockchain is. If there are a lot of transactions pending, it might take a lot more than usual, and if the blockchain isn't busy it can be fast

It is pretty congested at the moment and because of the Hard Fork many had to sell or transfer their bitcoin to another wallet and I think many had done this, All you need to do is way and if the Hard Fork would be finish the developers had promised a much faster transaction but I guess if a new coin would be made then it will not be bitcoin that will benefit to it but the new Altcoin that is made because of it, It always happens a lot but let's just wait and see if this can be resolve.

Actually before sending any bitcoin, you will need to set up the fee.
Higher fee will make quicker confirmation. The miners will do the higher fee first.

As long as you can't control the fee amount you will use the ones the Exchange has set. The problem is that they put low fees in order to win money when they tax you higher fees than necessary. It took me 3 days to get my BTC in Binance... 3 days...

I wouldn't say that the speed of transactions is the main obstacle for bitcoin to become mainstream currency. There are some other far more serious issues why bitcoin will never be mainstream, like high volatility, limited number and other.
Anyway, transaction speed is especialy issue for smaller users but also for businesses who are reluctant to accept bitcoin for that reason. Will biger and biger number of users and pressure on the network I don't see how this issue could be solved soon.

Lol! That is the main roadblock for bitcoin to be accepted as a mainstream currency. The bitcoin network is entirely controlled and managed by the miners. So they do whatever they wish. This type of monopoly is not a good sign for the consumers. We are now forced to pay insanely higher fees to confirm our transaction. So in your post, for a $6 coffee the person will have to pay somewhere $9 in total including the fees and then comes the waiting time. That is the reason why people are moving to some other coins which are technologically superior that bitcoin.

This is why its so difficult for bitcoin to be used as currency,  delayed transactions due to confirmstion.

Any way,  its best it you just wait,  if you are transferring small amount it would be impractical to pay more just for the speed.

i think it is disabled now.
i have a transaction that i needed to be confirmed with low fee and i have tried their tool a whole day long (12 hours or so) every hour which the limit resets and also every half hour to make sure, and it always tells me the limit is reached. before even in the most crowded times i could have got my transaction in one way or another but it no longer works.

There too many using this tool to accelerate and you must be one of the first people to use and put your TXID there every hour. Other accelerators do charge and some are legit and some aren't. I have tried those other paid accelerators and I found no hope with it or is it just because the network is in congestion so there are too many transactions that are in queue and those are getting confirmed first.

I think the only way to speed up the bitcoin transaction is by adding more transaction fee which is very painful.

You could use an accelerator to speed it up, but if it is already confirming then you dont have many options.

I guess the confirmation time depends on the block mined, but to be able to be included on that next block we must compete for the slot for the next batch of transaction to be confirmed.  We can do this by increasing the transaction fee so that miners will prioritized our transaction and include them on the next block.  but once we have sent the transaction, there is no way to speed up the confirmation because it is all depend on the block mining interval.

I'm also using this tool but with so many people now using this tool, you need to come back here several times before your entry can be included to another round, there are a lot of similar tools like this in the service fee and they charge for fee in exchange for trust rating

Hello sir, I would like to buy a coffee

Ok, that will be $6

Ok, great. Now give me anywhere from 3-90 minutes for confirmation