Author

Topic: Newbie question: Unconfirmed parent (Read 283 times)

full member
Activity: 552
Merit: 110
December 09, 2017, 03:55:13 PM
#7
My "unconfirmed parent" message disappeared and it was confirmed without me doing anything.
legendary
Activity: 3472
Merit: 10611
December 09, 2017, 12:10:44 AM
#6
I have an "unconfirmed parent" also for all the BTC I had sent to the electrum wallet,  but when I experimented to see if I could send the BTC max out, most of it showed up in the window as able to be sent out.

If I try and send it, would it be sent out, or would the BTC be locked into the account until the "unconfirmed parent" words disappeared first?

the bitcoin protocol allows you to spend an unconfirmed transaction. there is nothing wrong with that. it actually is a method to get the "parent" confirmed, it is called Child Pays For Parent (CPFP) where you pay a higher fee to cover both transactions and a miner can put both transactions in one block and mine them.
full member
Activity: 552
Merit: 110
December 08, 2017, 06:48:33 PM
#5
I have an "unconfirmed parent" also for all the BTC I had sent to the electrum wallet,  but when I experimented to see if I could send the BTC max out, most of it showed up in the window as able to be sent out.

If I try and send it, would it be sent out, or would the BTC be locked into the account until the "unconfirmed parent" words disappeared first?
full member
Activity: 552
Merit: 110
December 08, 2017, 05:14:19 PM
#4
I did not see this thread and posted a question on an old thread that is similar.

Here is what I just found:

https://www.youtube.com/watch?v=dUJyfz0QQXw
legendary
Activity: 1624
Merit: 2481
December 08, 2017, 12:39:11 PM
#3
Since the network is congested at the moment with a huge amount of transactions unconfirmed in the mempool,
it would probably take quite some time until this transaction will get confirmed. In theory you could try CPFP, but since this TX is one of 5 unconfirmed in a chain
the fee of getting them all through in a short time would exceed of the amount of the transaction itself.
There isn't much you can do in this situation, just wait until the mempool is going to empty.
If its quite important for you to get this transaction through you could try to message some people around here who have access to a mining pool.
Mostly they are genereous and may include your TX for a small appropriate fee.
legendary
Activity: 3472
Merit: 10611
December 08, 2017, 12:29:49 AM
#2
your transaction is spending an unconfirmed transaction which is spending an unconfirmed transaction which is .... that goes as long as 4 other unconfirmed transactions creating a chain of them, 5 in total. the previous 4 transactions need to be confirmed first before your transaction can be confirmed.

checking fee of each of them, shows they are paying 100 satoshi/byte. the issue is that currently there are over 200,000 other transactions in the mempool waiting to be confirmed and most of them are paying a lot higher fee than these ones (440 s/b to be high priority now). which me ans miners won't choose these txs over the high paying ones.

you can read this: https://bitcointalksearch.org/topic/all-about-stuck-transactions-and-what-you-can-do-to-fix-them-1802212
but as a receiver there is not much you can do.
newbie
Activity: 10
Merit: 0
December 07, 2017, 04:21:52 PM
#1
Hi,
This is probably a super basic question.
I moved a small amount of a bitcoin into a new Electrum wallet from CoinCorner.
The transaction now appears in my Electrum wallet with a warning saying "unconfirmed parent"
I have waited about 36 hours without a change.
The transaction is:
https://blockchain.info/tx/98d723235ff4a3e777cd795fdd77e5a061345791d1e8f34834359e54cced6008

I have no idea what to do about it.

From what I have read I have to wait for a miner to update the blockchain?
The advice I have read has been:
1) Wait ........ but for how long?
2) Increase the fee..... not sure how to do this or even if I can now.... and I'm not sure I want to if I just need to wait a bit longer

I know wallets are the way of keeping my coins secure, but is this normal that it takes days to move bitcoins around?
I kind of expected to be able to move bitcoins around much quicker than this.

On the fees, when I used CoinCorner to send the transaction to my wallet, I saw nothing about how to set a fee and what difference that would make.

Thanks for any help/insight and above all patience with probably dumb questions.
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