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Topic: What happens to unapproved transactions? - page 2. (Read 1157 times)

sr. member
Activity: 434
Merit: 250
February 27, 2017, 05:34:21 AM
#3
I've received 2 BTC last year when it was someone who would send BTC to I did not use Fee, I just wait two days to get a transaction confirmation
legendary
Activity: 2786
Merit: 1031
February 27, 2017, 05:32:15 AM
#2
Let's assume we entered the value of the fee too low in a process we have done. You can even get the value of the fee 0.
Miners receive transaction fees as rewards for transactions they approve. They approve higher transaction fees earlier.

What happens if our zero fee entry is not approved at all? Is there such a possibility? Or how long will it be approved at the latest?

Transaction gets dropped and coins return to original sending address.

The timing depends, transaction may be rebroadcast.
full member
Activity: 121
Merit: 100
February 27, 2017, 05:27:47 AM
#1
Let's assume we entered the value of the fee too low in a process we have done. You can even get the value of the fee 0.
Miners receive transaction fees as rewards for transactions they approve. They approve higher transaction fees earlier.

What happens if our zero fee entry is not approved at all? Is there such a possibility? Or how long will it be approved at the latest?
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