Nimber of unconfirmed transactions. | Bitcointalksearch.org

o_e_l_e_o

legendary

Activity: 2268

Merit: 18748

Quote from: figmentofmyass on November 24, 2019, 03:53:55 PM

-snip-

To add to that example, each of Binance's consolidation transactions were 36,792 vBytes, meaning 27 of these transactions would fill a block. If we assume an "average" transaction is in the region of 250 vBytes, then you can fit 4,000 in a block.

If you have no idea the size of the transactions, then knowing the total number tells you nothing useful. In our example above, 1 "big" transaction can take up as much space in a block as ~150 "small" transactions. Using the numbers above, if you tell me there are 400 unconfirmed transactions with a fee above 10 sats/vByte, I don't know if that means a fee of 10 sats/vByte puts me 0.1 MB from the tip and likely to get in the next block, or if I'm ~15 MB from the tip and am going to be waiting hours.

That's why the third chart (Mempool Size in MB) as mentioned by figmentofmyass is far more useful than total number of unconfirmed transactions.

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: Battareus on November 24, 2019, 05:56:17 AM

Previously I could see the total number of unconfirmed transactions in the blockchain.info now how I understand I can't. The search returned no results. Where can I see the total number of unconfirmed transactions of BTC now?

it's a useless metric anyway.

take this example: binance recently consolidated dust from tether transactions, broadcasting ~80k transactions at 1 satoshi/byte. that would make it seem like the mempool was really full if all you looked at was total unconfirmed transactions. in actuality, you only needed to bump your fee to 2 sat/byte to get quick confirmation.

that's why you should look at fee rates in the mempool, not just number of transactions. if you scroll down to the 3rd chart on this page, it shows you everything you need to know when choosing a fee rate: https://jochen-hoenicke.de/queue/#0,8h

samuraijin

sr. member

Activity: 1834

Merit: 261

20BET - Premium Casino & Sportsbook

Quote from: Battareus on November 24, 2019, 05:56:17 AM

Previously I could see the total number of unconfirmed transactions in the blockchain.info now how I understand I can't. The search returned no results. Where can I see the total number of unconfirmed transactions of BTC now?

it looks like the appearance of the Blokchain website design has been updated. Usually I also see it here, actively seeing the number of new and unconfirmed transactions https://www.blockchain.com/btc/unconfirmed-transactions
but sometimes I often use btc.com to see the number of unconfirmed transactions

AniviaBtc

sr. member

Activity: 1120

Merit: 272

First 100% Liquid Stablecoin Backed by Gold

Quote from: Velkro on November 24, 2019, 07:29:56 AM

Quote from: BitcoinGirl.Club on November 24, 2019, 06:21:49 AM

I personally do not much relay on blockchain.com data.

Which is sane thing to do, blockchain.com explorer failed badly many times in past. Reddit was all over it.
This number of unconfirmed transaction is good indicator how congested is currently bitcoin network but best indicator is information what average transaction fee is.

It is also a factor for us to know how transaction in bitcoin is really popular in a certain country. The number of unconfirmed bitcoin can express and give us a certain knowledge about how bitcoin is useful and known. This cryptocurrency can help us and easy to determine its state based on the transaction fees like what you've said.

White Christmas

sr. member

Activity: 882

Merit: 258

★Bitvest.io★ Play Plinko or Invest!

Quote from: Battareus on November 24, 2019, 05:56:17 AM

Previously I could see the total number of unconfirmed transactions in the blockchain.info now how I understand I can't. The search returned no results. Where can I see the total number of unconfirmed transactions of BTC now?

Actually I have seen some complaints about having a delay transactions in blockchain in which sometimes the transaction become unconfirmed and I also encounter some problems in which I am requesting to send some large amount of bitcoin, and the transaction was quiet long and after some minutes it becomes unconfirmed and my bitcoin goes back again to may wallet. It is very sad to experience those because waiting for so long and the transaction will just denied. Maybe the reason behind this was the wallet that are using by the other person who I want to send my bitcoin.

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: BitcoinGirl.Club on November 24, 2019, 06:21:49 AM

I personally do not much relay on blockchain.com data.

Which is sane thing to do, blockchain.com explorer failed badly many times in past. Reddit was all over it.
This number of unconfirmed transaction is good indicator how congested is currently bitcoin network but best indicator is information what average transaction fee is.

fiulpro

hero member

Activity: 1890

Merit: 831

I think it depends on to where and from where you are sending the Bitcoins.. in some wallets it's already integrated .. taken an example :- zebpay you can just click on the transaction and then check after investigating a lil and if am sending the Bitcoins to localbitcoins.com then it already shows how many transactions are confirmed and how many are not ..
It it usually takes like 30 min for it to happen.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Quote from: Battareus on November 24, 2019, 06:05:19 AM

Quote from: joniboini on November 24, 2019, 05:58:01 AM

This? https://www.blockchain.com/explorer?view=btc_unconfirmed

Not sure what the problem on your computer is, but try other blockchain explorers. Such as blockchair, blockstream, etc. Blockchain.com explorer is known to be buggy afaik.

Yes, that's it, thanks.

You can know from here too: https://jochen-hoenicke.de/queue/#0,2h
Real time.

Mouse hover on the first graph and you will see total number of unconfirmed transactions. The right most will give you the latest count.

I personally do not much relay on blockchain.com data.

Battareus

hero member

Activity: 826

Merit: 501

Quote from: joniboini on November 24, 2019, 05:58:01 AM

This? https://www.blockchain.com/explorer?view=btc_unconfirmed

Not sure what the problem on your computer is, but try other blockchain explorers. Such as blockchair, blockstream, etc. Blockchain.com explorer is known to be buggy afaik.

Yes, that's it, thanks.

joniboini

legendary

Activity: 2170

Merit: 1789

This? https://www.blockchain.com/explorer?view=btc_unconfirmed

Not sure what the problem on your computer is, but try other blockchain explorers. Such as blockchair, blockstream, etc. Blockchain.com explorer is known to be buggy afaik.

Battareus

hero member

Activity: 826

Merit: 501

Previously I could see the total number of unconfirmed transactions in the blockchain.info now how I understand I can't. The search returned no results. Where can I see the total number of unconfirmed transactions of BTC now?

Topic: Nimber of unconfirmed transactions. (Read 212 times)