Author

Topic: Tx. Unconfirmed help with webwallet (Read 119 times)

legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
February 17, 2021, 06:03:02 AM
#6
1. I do have surplus btc in the wallet, is it an easy process to do CPFP? Is my blockchain Web wallet capable / can you recommend a rookie guide perhaps? I wouldn't mind getting it confirmed prior to your estimation if it's fairly easy and risk free  Grin
If you send to one address with what I see from your txid, then the other address is just a change address, which means you can do CPFP. But if you send to two addresses in that transaction above, then you can not do it. You will need your wallet to have an UTXO of the last transaction which will be the remaining bitcoin sent back to your wallet another address. If you send to only one address, then you can do it. All you need to do is to make bitcoin transaction to another address (it can also be your another bitcoin address on the same wallet) using high fee. The transaction will be confirmed if high fee is used for the second transaction (child transaction) while the first (parent) transaction will be confirmed at the same time because the miner that will but the child transaction into block will not have choice and will include the parent transaction along.

2. You say chances are it'll confirm on Sunday, almost a week from sending point. I'll assume it's your familiarity with current traffic, but what makes you know this?
Yes, it may confirm on Sunday because mempool are more less congested on Sunday and weekend generally but more on Sunday, but there are times the mempool will not be less congested in a way to make miner get your transaction confirmed. It is just an assumption that do work but may not work at times.

Side note I'll be checking out the electrum wallet after this pain transaction is sorted.
This will be good. On electrum wallet, you can also use RBF to pump or cancel the transaction, the fee that will be demanded for this is not high compared to CPFP because in CPFP, you will need to pay for the two transaction (child and parent transaction), while for RBF, you will need to just need to increase fee for one transaction, although the transaction will be replaced entirely with new txid generated.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
February 17, 2021, 06:00:13 AM
#5
Thanks for the snappy response LoyceV!

A couple of questions.
1. I do have surplus btc in the wallet, is it an easy process to do CPFP? Is my blockchain Web wallet capable / can you recommend a rookie guide perhaps? I wouldn't mind getting it confirmed prior to your estimation if it's fairly easy and risk free  Grin

2. You say chances are it'll confirm on Sunday, almost a week from sending point. I'll assume it's your familiarity with current traffic, but what makes you know this?

Side note I'll be checking out the electrum wallet after this pain transaction is sorted.

1. CPFP is pretty much a normal transaction. It only has to use as input the change from the other transaction and has to have an overly high fee (in order to really pay for the parent tx)
So you have to spend all the coins from either 1NqdX6WZvjKefqRitgnbPTAENdxKc6jZsP, either 1DCtysDdF5HvsaQxcmozb4frY1dmsJiEhr, whichever is yours.
Of course, the wallet has to allow you spend unconfirmed coins, I don't know if blockchain.com wallet can do that, Electrum can.

2. Those of us who are watching how busy the mempool usually is, we "see" that. And at some point last year somebody did also document this: https://bitcointalksearch.org/topic/bitcoin-transaction-fees-in-satskb-sunday-saturday-are-best-to-move-btc-5250569


My advice is to start taking a look at Electrum now, since maybe you'll take over the current wallet if they provide you the seed.
Just make sure you get Electrum from electrum.org and verify it (https://bitcoinelectrum.com/how-to-verify-your-electrum-download/)
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
February 17, 2021, 05:52:35 AM
#4
1. I do have surplus btc in the wallet, is it an easy process to do CPFP? Is my blockchain Web wallet capable / can you recommend a rookie guide perhaps?
I don't use blockchain.com's web wallet, so I don't know exactly how it works there. Basically, what you need to do is send the change from that transaction to another address with a fee that's high enough to pay for both your old and your new transaction. But that's only useful if you can manually select that (unconfirmed) input).

Quote
2. You say chances are it'll confirm on Sunday, almost a week from sending point. I'll assume it's your familiarity with current traffic, but what makes you know this?
For 3 years I've been checking transaction fees, and Sunday is usually the cheapest day for fees.
This site gives a very good overview of past transaction fees.
newbie
Activity: 2
Merit: 3
February 17, 2021, 05:37:20 AM
#3
Thanks for the snappy response LoyceV!

A couple of questions.
1. I do have surplus btc in the wallet, is it an easy process to do CPFP? Is my blockchain Web wallet capable / can you recommend a rookie guide perhaps? I wouldn't mind getting it confirmed prior to your estimation if it's fairly easy and risk free  Grin

2. You say chances are it'll confirm on Sunday, almost a week from sending point. I'll assume it's your familiarity with current traffic, but what makes you know this?

Side note I'll be checking out the electrum wallet after this pain transaction is sorted.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
February 17, 2021, 05:16:00 AM
#2
Your fee is too low for ViaBTC's free transaction accelerator, but you could use CPFP (Child Pays For Parent) by sending the change from your wallet with a higher fee. However, if you're not in any rush, it's probably best to just wait it out. Chances are it will confirm on Sunday.

If you're coming from a web wallet and want to go to a full Bitcoin Core, you may want to try Electrum first. It's offers less privacy but easier features and doesn't require a 350 GB download.
newbie
Activity: 2
Merit: 3
February 17, 2021, 05:11:20 AM
#1
Hi guys,

My Tx. ID is https://www.blockchain.com/btc/tx/e41ba8d63133d43c5971cef9af24c6dbfb4ec3bc2600bfa2b7c72a24979a46cb - almost 36h unconfirmed now.

Very much a BTC noob, using blockchain.com regular web wallet - with no replace by fees options available. I'm aware the fee could be higher, but I've had nil issues for almost a year always paying regular fees as suggessted by the wallet. Every other tx. via this wallet completed in max. 1 hour, regardless of fees.

Tried BTCNitro and viaBTC.com on the hour accelerators to nil effect. viaBTC wants circa $200 for premium paid acceleration, nope lol.

Am i correct in thinking it's just a matter of waiting this out now?

And in future I'll transfer my wallet to bitcoin core to allow for more advanced options, as per the stickies.

Cheers in advance
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