Author

Topic: How do miners accelerate a transaction? (Read 119 times)

legendary
Activity: 3052
Merit: 1273
January 19, 2018, 07:38:38 AM
#4
Hello there guys! I have been wondering how do miners or how does one accelerate a transaction?

Miners don't do it, it's a user-end part that such users who are either involved in mining with a mining pool or have an account there, are given privileges to perform acceleration. IMHO, they don't do anything except re-broadcasting the transaction to the whole network, but this time, it gets added to the list of transactions that are waiting to be confirmed (the list that these miners or mining pool decide based on fee/byte). Once that pool decides to consider that fee slab, they take limited transactions in the block based on waiting queue (according to the time the transactions were done, and not the time they were accelerated).


Quote
Like for example I am a miner, and someone wants their transaction to be accelerated. So how do I do it? Like do I need a certain application or site for that? And if yes, can you guys tell me what the site/app is?  Grin

There are many including, but not limited to, ViaBTC, BTC.com, Antpool, etc. But that doesn't really guarantee that it will "officially" be taken into a block unless you have your own pool and/or a lot of hashrate to decide which fee slabs to be included.
member
Activity: 211
Merit: 10
January 19, 2018, 07:14:22 AM
#3
Could u tell me some information about tx acceleration?

Well, I am actually asking the same question mate that's why I posted. But I do know a little something about what tx acceleration/transaction acceleration. Basically, if we for example transfer funds or let's say bitcoin, for some that transaction takes time for it to go through, especially if you paid a small out for the transaction fee or miner fee. So yeah, once a transaction is stuck or is delayed, you can pay others I guess for them to confirm or
accelerate the said tx. And that's why I'm asking here on how to do so, because some people actually give tips or pay you if you accelerate their transaction.
newbie
Activity: 127
Merit: 0
January 19, 2018, 06:54:23 AM
#2
Could u tell me some information about tx acceleration?
member
Activity: 211
Merit: 10
January 19, 2018, 06:40:26 AM
#1
Hello there guys! I have been wondering how do miners or how does one accelerate a transaction? I have asked this question before, but no one actually answered me on how do the said miners accelerate a certain transaction. Like for example I am a miner, and someone wants their transaction to be accelerated. So how do I do it? Like do I need a certain application or site for that? And if yes, can you guys tell me what the site/app
is?  Grin I'm just really curious about tx acceleration because I've seen a lot of posts here asking for their tx to be confirmed/accelerated and they're actually paying or giving tips for it. So I was thinking, I can make a few extra money if I'm able to do those things. So if you guys have any idea on how to do it, I would really appreciate it if you share the knowledge to me. Thanks in advance everybody!  Cheesy
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