Split: Re: Help! Transaction Unconfirmed for hours, causing another to not confirm BOUNTY

One transaction shouldn't hold up the other, unless I'm much mistaken (which is always possible).

This is not true. A transaction cannot be confirmed if its inputs are not confirmed.

The first transaction is holding up the second one and will continue to do so.

Hey Just wanna ask again ,
story:
I have a wallet(X) with 0.5 BTC in it and i send 0.02BTC to a partner with wallet(Y) with 0 fee , it is there unconfirmed Says estimated confirmation 6 Blocks. After sending 0.02 BTC I have left a balance of 0.48BTC in my my wallet(X), Now aftre 12 hours i sen a transaction of 0.1BTC To another address (z) from wallet (X) with 0.0001BTC as fee.
Now all my Transactions are Un-confirmed. Taking Blockchain.info as You said Previously in this post that blockchain.info returns the initials if transaction are not confirmed for few days.

Q1. what whatl happen to second transaction If first transaction is still un-confirmed , i guess it will also not confirmed.

It depends. If the input in your initial transaction has 0.5BTC, the wallet will send the remaining 0.48BTC as change back to your wallet. The transaction would need to confirm if the change is spent. If the input in your initial transaction has 0.25BTC and you spend it with 0 fees. The wallet would use another confirmed input to create any transaction after that.

Quote from: everaja on December 06, 2015, 01:13:58 AM

Q2. If blockchain.info rejects the initials within 24 hours and credit the initials(0.02BTC) of first transaction in my wallet(X) (assuming that blockchain.info refunds the amount if it takes more than 24 hours) , what will happen to the transaction that was made for wallet (z) , as wallet Z has still 12 hours left for 24 hours and it was sent after 12 hours after the first transaction was made.

Just let me know , what possibilities are there.
Why Transaction confirmations measured in blocks?

Wallet Z would be invalid and thus would get forgotten by the mempool too.

A block includes your transaction into the blockchain and prevents double spending this way. Imagine your transaction in a block, after each block is found, it is harder for it to get removed. If you are talking about estimated time to confirmation on blockchain.info, I'm not sure but I guess they measure the network load and compare your transaction to see how much transaction is required to get confirmation before you are at the top. It is not accurate though.

#The way you phrased it was very confusing. Create a new thread if you want to ask more.

Topic: Split: Re: Help! Transaction Unconfirmed for hours, causing another to not confirm BOUNTY (Read 392 times)