Bitcoin transaction id
If I send or receive something (with Bitcoin-QT), how can I get the transaction ID of that transaction?
context: I'm playing satoshi bones and they have verification code I can run to make sure they're playing by their own rules. The game is based on a hash of the transaction ID of what I send them, so I just want to give it a check but I need the transaction IDs of my transactions with them.
verification code supplied by satoshi bones that I want to run:
How a Bitcoin Transaction Works
This article explains what a Bitcoin transaction is, its purpose and outcome. The explanation made below is suitable for both novice and intermediate Bitcoin users.
As a cryptocurrency user you need to be familiar with transaction rudiments – for the sake of your own confidence with this evolving innovation, and as a foundation for understanding emerging multi-signature transactions and contracts, both of which will be explored later in the series. This is not a technical article and explanation will focus on what you need to know about standard bitcoin transactions – the spend transactions we commonly make – and we’ll gloss over what you can safely ignore.
An infographic at the bottom of the article provides a comprehensive illustration of the entire Bitcoin transaction process from wallet to blockchain.
Note: Even the Core developers acknowledge that some of the language being used to describe transactions and their components can lead one to a mistaken concept of what is really happening. These misconceptions are avoided in the explanation below. So, while trying to keep things as simple as possible, and with the aid of a few diagrams, let’s dive right in.
Definition of Terms and Abbreviations
Bitcoin with a capital “B” refers to the protocol – the code, the nodes, the network and their peer-to-peer interaction.
bitcoin with a lowercase ‘b’ refers to the currency – the cryptocurrency we send and receive, via the Bitcoin network.
tx – wherever it is used in the text – is an abbreviation for ‘Bitcoin transaction‘
txid is an abbreviation for ‘transaction id’ – this is a hash that is used by both humans and the protocol to reference transactions.
Script is the name of the Bitcoin protocol’s scripting system that processes and validates transactions. Script is a clever, stack-based instruction engine, and it makes all transactions from simple payments to complex oracle overseen contracts possible.
UTXO is an abbreviation for Unspent Transaction Output, also referred to as an “output”.
satoshi – 1 BTC = 100,000,000 satoshi
What is a Bitcoin Transaction and Why?
Definition
A Bitcoin transaction is a signed piece of data that is broadcast to the network and, if valid, ends up in a block in the blockchain.
The purpose of a Bitcoin transaction is to transfer ownership of an amount of Bitcoin to a Bitcoin address.
When you send Bitcoin, a single data structure, namely a Bitcoin transaction, is created by your wallet client and then broadcast to the network. Bitcoin nodes on the network will relay and rebroadcast the transaction, and if the transaction is valid, nodes will include it in the block they are mining. Usually, within 10-20mins, the transaction will be included, along with other transactions, in a block in the blockchain. At this point the receiver is able to see the transaction amount in their wallet.
Here is an example transaction that was included in the blockchain earlier this year:
The main components of this standard transaction are color-coded:
- Transaction ID(highlighted in yellow)
- Descriptors and meta-data(blue curly brace elaborated upon to the right)
- Inputs(pink area)
- Outputs(green area)
Bitcoin Transaction Inputs and Outputs
Firstly, four axiomatic truths about transactions:
- Any Bitcoin amount that we send is always sent to an address.
- Any Bitcoin amount we receive is locked to the receiving address – which is (usually) associated with our wallet.
- Any time we spend Bitcoin, the amount we spend will always come from funds previously received and currently present in our wallet.
- Addresses receive Bitcoin, but they do not send Bitcoin – Bitcoin is sent from a wallet.
The amounts that go into our wallet are not jumbled like the coins in a physical wallet. The received amounts don’t mix but remain separate and distinct as the exact amounts received by the wallet. Here’s an illustration:
You create a brand new wallet and, in time, it receives three amounts of 0.01, 0.2 and 3 BTC as follows: you send 3 BTC to an address associated with the wallet and two payments are made to another address by Alice.
The wallet reports a balance of 3.21 BTC, yet if you were to virtually peek inside the wallet, you would see – not 321,000,000 satoshi (321 mil satoshi) – but three distinct amounts still grouped together by their originating transactions: 0.01, 0.2 and 3 BTC.
The received bitcoin amounts don’t mix but remain separated as the exact amounts sent to the wallet. The three amounts in the example above are called the outputs of their originating transactions.
Bitcoin wallets always keep outputs separate and distinct.
Definition
An output is an amount that was sent (via a standard transaction) to a Bitcoin address, along with a set of rules to unlock the output amount. In Bitcoin parlance an output is called an “unspent transaction output”, or UTXO.
A standard transaction output can be unlocked with the private key associated with the receiving address. Addresses and their associated public/private key pairs will be covered later in the series. For now, we are concerned with the output amount only.
Let’s consider an example by following the money in a scenario where you send 0.15 BTC to Bob.
As we have seen, your wallet does not select 15 mil satoshi (0.15 BTC) from an undifferentiated pool of 321 mil satoshi making up the wallet balance. Instead, the wallet selects a spend candidate from amongst the three existing “outputs” contained in the wallet. So, it chooses (for various reasons that are not important now) the 0.2 BTC output. The wallet will unlock the 0.2 BTC output and use the whole amount of 0.2 BTC as an input to your new 0.15 BTC transaction. The 0.2 BTC output is “spent” in the process. –Read this paragraph a second time.
The spend transaction your wallet creates will send 0.15 BTC to Bob’s address – where it will reside in his wallet as an output – waiting eventually to be spent.
The 0.05 BTC difference (0.2 BTC input minus 0.15 BTC output) is called “change” and the transaction will send this back to your wallet via a newly created address. The 0.05 BTC change amount will reside in your wallet as a new output – waiting eventually to be spent. So, now, a virtual peek inside your wallet reveals the following:
Each of the three outputs that are “waiting to be spent”, is locked to its receiving addresses until such time as one or more of them are selected as input(s) to a new spend transaction.
Behind the scenes, different wallet clients apply different logic rules when selecting UTXOs as inputs to new transactions. A sane wallet policy is to use older UTXOs first, wherever possible, but implementations differ. The manner in which UTXOs are selected is not of concern to us right now, since the objective has been emphasis of the point that amounts received to our wallets remain separate and distinct.
Summary of How a Bitcoin Transaction Works
Various received amounts don’t mix as they do in a physical wallet. Instead, received amounts (UTXOs) are used individually (or in combination) at the moment we spend Bitcoin. When creating the spend transaction our wallet selects UTXOs (of sufficient value to satisfy the amount we want to send) and typically creates two new outputs: one for the receiver and one for the change we receive back to our wallet. The change becomes a brand new UTXO in our wallet, and the amount we send becomes a UTXO locked to the recipient address – which may or may not be associated with a wallet, e.g. cold storage. The original UTXO used as input to the spend transaction is “spent” and destroyed forever.
This has been an introduction to how outputs (UTXOs) are handled by wallet software. Once a UTXO is selected for expenditure, it requires the private key associated with the address that received it. This private key redeems the UTXO and allows it to become an input in a new spend transaction. The mechanism whereby previous transaction outputs are reused as the inputs to new transactions is central to the Bitcoin protocol’s function – and exactly as per Satoshi’s design.
Bitcoin Accelerator
Confirm your BTC TX Now For Free
Together with the main Bitcoin Pools, We at FreeBTCAccelerator providing the free bitcoin transaction acceleration service. Yes, now enhance the chance of confirming your bitcoin transaction across the globe within 1 hour. Due to the bulk transactions and frequent congestions some of the BTC Transaction has not been completed or even confirmed yet but now you can boost up your transaction and get the result as quickly as possible.
Why does it take long to confirm my BTC Transaction?
With the passage of time, more people are getting involved in Bitcoin. When more people use the Bitcoin the block size reached its limit of 1MB and Bitcoin network loaded severely. This leads to delay in transactions. In order to speed up the process of BTC Transaction confirmation the users of BTC left with no other choice else to use the BTC Transaction Accelerator. They need to pay huge miner fees but we provide the Free BTC Transaction Accelerator for fast BTC Transaction confirmation.
What is Transaction Accelerator and How Does it work?
Transaction Accelerator helps you to boost up the confirmation of Bitcoin Transactions.
How to Use Free Bitcoin Transaction Accelerator?
- No Need to Sign up or Sign In, You just need to submit your delayed Transaction ID.
- For Free Services your request will be in que of the next block we mine.
- It’s really hard to give an idea of when the next block is going to be mined.
We at FreeBTCAccelerator push your Transaction to our BTC Partner pools for free which ultimately increase your chance of confirming BTC transaction as soon as possible.
How does Transaction ID Looks Like?
This is how your Bitcoin Transaction ID will look like. This is the exact format of TXID “073957ae2439ef7eeb8e962460386244f5339098d69cbc534c677716a7ed0528”. Enter in the TXID input field and leave the rest on us.
What makes us Different from Other BTC Accelerator?
Quick Results
Enhance the chances of fast BTC Transaction Confirmation as quick as possible for free.
100% Free of Cost Service 24/7
We believe in proof of work that’s why 24/7 we provide fast BTC Transaction accelerator fully free.
Multiple Pools
When you submit your Delayed Transaction ID, we push it on multiple mining pools in order to enhance the chance of inclusion of your transaction in upcoming BTC Block.
Unique and latest Method
It’s the right time to take full advantage of our advance and unique method of BTC acceleration which supports now Free BTC Transaction confirmation.
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Your search engine does not find any satisfactory results for searches. It is too weak. Also, the server of bing is often off
I created a yahoo/email account long ago but I lost access to it; can y'all delete all my yahoo/yahoo account except for my newest YaAccount
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I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be… more
chithidio@Yahoo.com
i dont know what happened but i can not search anything.
Golf handicap tracker, why can't I get to it?
Why do I get redirected on pc and mobile device?
Rahyaftco@yahoo.com
RYAN RAHSAD BELL literally means
Question on a link
In the search for Anaïs Nin, one of the first few links shows a picture of a man. Why? Since Nin is a woman, I can’t figure out why. Can you show some reason for this? Who is he? If you click on the picture a group of pictures of Nin and no mention of that man. Is it an error?
Repair the Yahoo Search App.
Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.
I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.
I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and I signed in so he could try to fix the Yahoo Search App not working. He also used another phone, installed the app from the Google Play Store to see if the app would do any kind of search thru the app. The Yahoo Search App just wasn't working.
I also had At&t try to help me because I have UVERSE for my internet service. My internet was working perfectly. Their Technical Support team member checked the Yahoo Search App and it wouldn't work for him either.
We can go to www.yahoo.com and search for any topic or website. It's just the Yahoo Search App that won't allow anyone to do web searches at all.
I let Google know that the Yahoo Search App installed from their Google Play Store had completely stopped working on May 18, 2018.
I told them that Yahoo has made sure that their Yahoo members can't contact them about anything.
I noticed that right after I accepted the agreement that said Oath had joined with Verizon I started having the problem with the Yahoo Search App.
No matter what I search for or website thru the Yahoo Search App it says the following after I searched for
www.att.com.
WEBPAGE NOT AVAILABLE
This webpage at gttp://r.search.yahoo.com/_ylt=A0geJGq8BbkrgALEMMITE5jylu=X3oDMTEzcTjdWsyBGNvbG8DYmyxBHBvcwMxBHZ0aWQDTkFQUEMwxzEEc2VjA3NylRo=10/Ru=https%3a%2f%2fwww.att.att.com%2f/Rk=2/Es=plkGNRAB61_XKqFjTEN7J8cXA-
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED
I tried to search for things like www.homedepot.com. The same thing happened. It would say WEBPAGE NOT AVAILABLE. The only thing that changed were all the upper and lower case letters, numbers and symbols.
Then it would again say
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED
This is the same thing that happened when Samsung and At&t tried to do any kind of searches thru the Yahoo Search App.
Yahoo needs to fix the problem with their app.
Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.
I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.
I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and… more
How do Bitcoin Transactions Work?
Last updated: 29th January 2018
If I want to send some of my bitcoin to you, I publish my intention and the nodes scan the entire bitcoin network to validate that I 1) have the bitcoin that I want to send, and 2) haven't already sent it to someone else. Once that information is confirmed, my transaction gets included in a "block" which gets attached to the previous block - hence the term "blockchain." Transactions can't be undone or tampered with, because it would mean re-doing all the blocks that came after.
Getting a bit more complicated:
My bitcoin wallet doesn't actually hold my bitcoin. What it does is hold my bitcoin address, which keeps a record of all of my transactions, and therefore of my balance. This address – a long string of 34 letters and numbers – is also known as my "public key." I don't mind that the whole world can see this sequence. Each address/public key has a corresponding "private key" of 64 letters and numbers. This is private, and it's crucial that I keep it secret and safe. The two keys are related, but there's no way that you can figure out my private key from my public key.
That's important, because any transaction I issue from my bitcoin address needs to be "signed" with my private key. To do that, I put both my private key and the transaction details (how many bitcoins I want to send, and to whom) into the bitcoin software on my computer or smartphone.
With this information, the program spits out a digital signature, which gets sent out to the network for validation.
This transaction can be validated – that is, it can be confirmed that I own the bitcoin that I am transferring to you, and that I haven't already sent it to someone else – by plugging the signature and my public key (which everyone knows) into the bitcoin program. This is one of the genius parts of bitcoin: if the signature was made with the private key that corresponds to that public key, the program will validate the transaction, without knowing what the private key is. Very clever.
The network then confirms that I haven't previously spent the bitcoin by running through my address history, which it can do because it knows my address (= my public key), and because all transactions are public on the bitcoin ledger.
Even more complicated:
Once my transaction has been validated, it gets included into a "block," along with a bunch of other transactions.
A brief detour to discuss what a "hash" is, because it's important for the next paragraph: a hash is produced by a "hash function," which is a complex math equation that reduces any amount of text or data to 64-character string. It's not random – every time you put in that particular data set through the hash function, you'll get the same 64-character string. But if you change so much as a comma, you'll get a completely different 64-character string. This whole article could be reduced to a hash, and unless I change, remove or add anything to the text, the same hash can be produced again and again. This is a very effective way to tell if something has been changed, and is how the blockchain can confirm that a transaction has not been tampered with.
Back to our blocks: each block includes, as part of its data, a hash of the previous block. That's what makes it part of a chain, hence the term "blockchain." So, if one small part of the previous block was tampered with, the current block's hash would have to change (remember that one tiny change in the input of the hash function changes the output). So if you want to change something in the previous block, you also have to change something (= the hash) in the current block, because the one that is currently included is no longer correct. That's very hard to do, especially since by the time you've reached half way, there's probably another block on top of the current one. You'd then also have to change that one. And so on.
This is what makes Bitcoin virtually tamper-proof. I say virtually because it's not impossible, just very very, very, very, very difficult and therefore unlikely.
And if you want to indulge in some mindless fascination, you can sit at your desk and watch bitcoin transactions float by. Blockchain.info is good for this, but if you want a hypnotically fun version, try BitBonkers.
(For more detail on how blocks are processed and on how bitcoin mining works, see this article.)
Bitcoin transaction id
i will be storing litecoin and bitcoin transaction ids in the same table in my database, and i want to make the transaction id into a primary key. if litecoin and bitcoin transaction ids overlap then i can work around this by appending a BTC or LTC to each transaction id. can someone tell me if they do overlap?
They do not overlap. A transaction is always unique. a cryptographic hash algorithm is designed in such a way that they do not collide. This is one main requirement of a hash function.
The inputs to create the transaction ID is partially based on the inputs which are being used to create the actual spend request in the chain, thus you will never have a collision between Bitcoin and Litecoin.
Bitcoin Accelerator
Confirm your BTC TX Now For Free
Together with the main Bitcoin Pools, We at FreeBTCAccelerator providing the free bitcoin transaction acceleration service. Yes, now enhance the chance of confirming your bitcoin transaction across the globe within 1 hour. Due to the bulk transactions and frequent congestions some of the BTC Transaction has not been completed or even confirmed yet but now you can boost up your transaction and get the result as quickly as possible.
Why does it take long to confirm my BTC Transaction?
With the passage of time, more people are getting involved in Bitcoin. When more people use the Bitcoin the block size reached its limit of 1MB and Bitcoin network loaded severely. This leads to delay in transactions. In order to speed up the process of BTC Transaction confirmation the users of BTC left with no other choice else to use the BTC Transaction Accelerator. They need to pay huge miner fees but we provide the Free BTC Transaction Accelerator for fast BTC Transaction confirmation.
What is Transaction Accelerator and How Does it work?
Transaction Accelerator helps you to boost up the confirmation of Bitcoin Transactions.
How to Use Free Bitcoin Transaction Accelerator?
- No Need to Sign up or Sign In, You just need to submit your delayed Transaction ID.
- For Free Services your request will be in que of the next block we mine.
- It’s really hard to give an idea of when the next block is going to be mined.
We at FreeBTCAccelerator push your Transaction to our BTC Partner pools for free which ultimately increase your chance of confirming BTC transaction as soon as possible.
How does Transaction ID Looks Like?
This is how your Bitcoin Transaction ID will look like. This is the exact format of TXID “073957ae2439ef7eeb8e962460386244f5339098d69cbc534c677716a7ed0528”. Enter in the TXID input field and leave the rest on us.
What makes us Different from Other BTC Accelerator?
Quick Results
Enhance the chances of fast BTC Transaction Confirmation as quick as possible for free.
100% Free of Cost Service 24/7
We believe in proof of work that’s why 24/7 we provide fast BTC Transaction accelerator fully free.
Multiple Pools
When you submit your Delayed Transaction ID, we push it on multiple mining pools in order to enhance the chance of inclusion of your transaction in upcoming BTC Block.
Unique and latest Method
It’s the right time to take full advantage of our advance and unique method of BTC acceleration which supports now Free BTC Transaction confirmation.
Some things you need to know
If you are about to explore Bitcoin, there are a few things you should know. Bitcoin lets you exchange money in a different way than with usual banks. As such, you should take time to inform yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases!
Securing your wallet
Like in real life, your wallet must be secured. Bitcoin makes it possible to transfer value anywhere in a very easy way and it allows you to be in control of your money. Such great features also come with great security concerns. At the same time, Bitcoin can provide very high levels of security if used correctly. Always remember that it is your responsibility to adopt good practices in order to protect your money. Read more about securing your wallet.
Bitcoin price is volatile
The price of a bitcoin can unpredictably increase or decrease over a short period of time due to its young economy, novel nature, and sometimes illiquid markets. Consequently, keeping your savings with Bitcoin is not recommended at this point. Bitcoin should be seen like a high risk asset, and you should never store money that you cannot afford to lose with Bitcoin. If you receive payments with Bitcoin, many service providers can convert them to your local currency.
Bitcoin payments are irreversible
Any transaction issued with Bitcoin cannot be reversed, they can only be refunded by the person receiving the funds. That means you should take care to do business with people and organizations you know and trust, or who have an established reputation. For their part, businesses need to keep control of the payment requests they are displaying to their customers. Bitcoin can detect typos and usually won't let you send money to an invalid address by mistake. Additional services might exist in the future to provide more choice and protection for the consumer.
Bitcoin is not anonymous
Some effort is required to protect your privacy with Bitcoin. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address. However, the identity of the user behind an address remains unknown until information is revealed during a purchase or in other circumstances. This is one reason why Bitcoin addresses should only be used once. Always remember that it is your responsibility to adopt good practices in order to protect your privacy. Read more about protecting your privacy.
Unconfirmed transactions aren't secure
Transactions don't start out as irreversible. Instead, they get a confirmation score that indicates how hard it is to reverse them (see table). Each confirmation takes between a few seconds and 90 minutes, with 10 minutes being the average. If the transaction pays too low a fee or is otherwise atypical, getting the first confirmation can take much longer.
Why is My Bitcoin Transaction Pending for So Long? – Bitcoin Fees for Dummies
Last updated on February 22nd, 2018 at 11:33 am
If you’re reading this post I assume that like many others, you sent a bitcoin transaction and was kind of confused as to why it’s still listed as “unconfirmed” or “pending” after a few hours or so.
I mean Bitcoin transactions are supposed to be instant right?
In this post I want to try and explain in a very basic way how a Bitcoin transaction works and why the fee that you attach to each transaction has a crucial role in how long it will take the transaction to go through the network.
Here’s what happens when you send Bitcoins to someone
Whenever you send someone Bitcoins, the transaction goes through different computers running the Bitcoin protocol around the world that make sure the transaction is valid. Once the transaction is verified it then “waits” inside the Mempool (i.e. in some sort of a “limbo” state).
It’s basically waiting to be picked up by a Bitcoin miner and entered into a block of transaction on the Blockchain. Until it is picked up it’s considered an “unconfirmed transaction” or a “pending transaction”. A new block of transactions in added to the Blockchain every 10 minutes on average.
However since there are so many transactions lately due to the price increase, and a block can only hold a finite amount of transactions, not all transactions are picked instantly. So you need to wait for a certain amount of time until a miner decided to pick your transaction out of all of those sitting around in the mempool.
Once your transaction is included in the block it receives its first confirmation and it’s no longer pending. After another block of transactions is added it will get another confirmation and so on….here’s a short video explaining this:
How can you make sure your transaction will get included in the next block?
Simple. By adding a big enough mining fee to it. You see one of the ways miners get paid for their work is by collecting the fees on the different transactions. So naturally they would prefer to include the transactions with the highest fees first. If your fee is high enough – your transaction will go through faster.
How can you tell how much is the right fee?
Fees are calculated by the size of the transaction. Every transaction has a size, just like a file size. The size depends on many factors that I won’t go in to at the moment. The fastest and cheapest transaction fee is currently 60 satoshis /byte . So if, for example, your transaction is 257 bytes, you will need to pay 257*60 = 15,420 Satoshis as a transaction fee in order to be included in the next block.
So now you’re probably asking “How can I calculate my transaction size?”
You can’t, at least not without extensive knowledge of how Bitcoin works. Your wallet is supposed to do this for you. Most wallets today will either automatically add the required fee to get the transaction confirmed as soon as possible or will let you choose from a variety of fees according to the requested confirmation time (e.g. fast, medium, slow).
However, since I wouldn’t want to leave you hanging I decided to give you an overview of how the most popular wallets around handle their fees:
Coinbase – Coinbase pays the miner fees (typically 0.0003 BTC) on external transactions in order to ensure these transactions propagate throughout the bitcoin network quickly. For very small transaction amounts you may be prompted to pay the transaction / miner fee. (source)
Blockchain.info – The wallet implemented a dynamic fee structure.Dynamic fees work to detect changes in network volume and will raise or lower transaction fees accordingly. This means that the same transaction may require a higher fee during a period of network congestion, or a lower fee if sent during a period of decreased activity. If you set a custom fee a warning will display if a custom fee is thought to be unnecessarily high or dangerously low. (source)
Electrum – Has the option to set dynamic fees (similar to Blockchain.info) or set your own fee through the tools -> preference tab. (source)
Greenaddress – GreenAddress is the first Bitcoin wallet to include a replace-by-fee option. With it, users can increase fees on their transactions and increase the likelihood a miner will include a transaction in a block.
Clicking on the “bump fee” tab opens a mini-menu. On top of the menu, text displays how fast the transaction is expected to confirm. The menu allowed me to bump the fee: times 1.5, times 2 or times 3.
if a transaction is not expected to be mined in the first available block because the fee is too low, the mini-menu offers users the option to include a fee big enough to have the transaction included in the next two, three or six blocks. (source)
MyCelium – Mycelium does give you some control over the fee. In Settings/Miner Fee, you can select Standard, Economic, or Priority for (I think) 0.1mBTC, 0.01mBTC, or 0.5mBTC, respectively, per mB. (source)
Bitcoin QT -Bitcoin Core will use floating fees. Based on past transaction data, floating fees approximate the fees required to get into the `m`th block from now. Bitcoin Core will cap fees. Bitcoin Core will never create transactions smaller than the current minimum relay fee. Finally, a user can set the minimum fee rate for all transactions. (source)
TREZOR – Fees will be automatically calculated for you by the myTREZOR wallet. (source)
There’s a very helpful resource created by 21.co that shows how many Satoshis/byte you’ll need to pay in order to get included in the upcoming blocks. Here’s an example of the current situation inside the Bitcoin network:
For each Satoshi/byte category you can see the number of unconfirmed transactions as opposed to the transactions that went through. For example, 15405 transactions with a fee of 11-20 Satoshis/byte went through the system in the last 3 hours as opposed to 1533 that are waiting for confirmation.
On the right hand side you can see the estimated number of block confirmation / minutes you’ll have to wait until your transaction gets included.
What happens to transaction that don’t get confirmed ever?
Basically transactions stay in “limbo” (i.e. the mempool) until they are included in a block. However, if a transaction stays inside the mempool for too long the different computers holding it (Bitcoin nodes) may just drop it from their system. In this case the transaction will be canceled.
Some wallets may try to rebroadcast an expired transaction and therefor it will stay inside the mempool for a long time until some miner decides to have pity on your soul and include it :)
VIA BTC offers a transaction accelerator service
Just recently VIABTC (one of the largest Bitcoin mining pools) started offering a new transaction accelerator service. With the Transaction Accelerator for delayed transactions, users can submit any TXID (Transaction ID) that includes a minimum 0.0001BTC/KB fee to ViaBTC. The pool will then prioritize to include the TX in the next block when possible at no extra charge. A maximum of 100 TXs submitted can be accelerated every hour.
Important: Transactions are received on a first come first served basis so try to submit yours at the beginning of every hour to get into the queue before it fills up.
So I hope this clears things up a bit. Next time before sending a Bitcoin transaction make sure to add the appropriate fee in accordance to the wallet you are using.
If you have any more questions or insights about Bitcoin fees feel free to leave them in the comment section below.
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Improve your services
Your search engine does not find any satisfactory results for searches. It is too weak. Also, the server of bing is often off
I created a yahoo/email account long ago but I lost access to it; can y'all delete all my yahoo/yahoo account except for my newest YaAccount
I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be 'secure' then it'll be 'unfair' gaming and I'll lose because of the insecurity can be a 'Excuse'. Hope y'all understand my explanation!
I want all my lost access yahoo account 'delete'; Requesting supporter for these old account deletion; 'except' my Newest yahoo account this Account don't delete! Because I don't want it interfering my online 'gamble' /games/business/data/ Activity , because the computer/security program might 'scure' my Information and detect theres other account; then secure online activities/ business securing from my suspicion because of my other account existing will make the security program be 'Suspicious' until I'm 'secure'; and if I'm gambling online 'Depositing' then I need those account 'delete' because the insecurity 'Suspicioun' will program the casino game 'Programs' securities' to be… more
chithidio@Yahoo.com
i dont know what happened but i can not search anything.
Golf handicap tracker, why can't I get to it?
Why do I get redirected on pc and mobile device?
Rahyaftco@yahoo.com
RYAN RAHSAD BELL literally means
Question on a link
In the search for Anaïs Nin, one of the first few links shows a picture of a man. Why? Since Nin is a woman, I can’t figure out why. Can you show some reason for this? Who is he? If you click on the picture a group of pictures of Nin and no mention of that man. Is it an error?
Repair the Yahoo Search App.
Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.
I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.
I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and I signed in so he could try to fix the Yahoo Search App not working. He also used another phone, installed the app from the Google Play Store to see if the app would do any kind of search thru the app. The Yahoo Search App just wasn't working.
I also had At&t try to help me because I have UVERSE for my internet service. My internet was working perfectly. Their Technical Support team member checked the Yahoo Search App and it wouldn't work for him either.
We can go to www.yahoo.com and search for any topic or website. It's just the Yahoo Search App that won't allow anyone to do web searches at all.
I let Google know that the Yahoo Search App installed from their Google Play Store had completely stopped working on May 18, 2018.
I told them that Yahoo has made sure that their Yahoo members can't contact them about anything.
I noticed that right after I accepted the agreement that said Oath had joined with Verizon I started having the problem with the Yahoo Search App.
No matter what I search for or website thru the Yahoo Search App it says the following after I searched for
www.att.com.
WEBPAGE NOT AVAILABLE
This webpage at gttp://r.search.yahoo.com/_ylt=A0geJGq8BbkrgALEMMITE5jylu=X3oDMTEzcTjdWsyBGNvbG8DYmyxBHBvcwMxBHZ0aWQDTkFQUEMwxzEEc2VjA3NylRo=10/Ru=https%3a%2f%2fwww.att.att.com%2f/Rk=2/Es=plkGNRAB61_XKqFjTEN7J8cXA-
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED
I tried to search for things like www.homedepot.com. The same thing happened. It would say WEBPAGE NOT AVAILABLE. The only thing that changed were all the upper and lower case letters, numbers and symbols.
Then it would again say
could not be loaded because:
net::ERR_CLEARTEXT_NOT_PERMITTED
This is the same thing that happened when Samsung and At&t tried to do any kind of searches thru the Yahoo Search App.
Yahoo needs to fix the problem with their app.
Yahoo Search App from the Google Play Store on my Samsung Galaxy S8+ phone stopped working on May 18, 2018.
I went to the Yahoo Troubleshooting page but the article that said to do a certain 8 steps to fix the problem with Yahoo Services not working and how to fix the problem. Of course they didn't work.
I contacted Samsung thru their Samsung Tutor app on my phone. I gave their Technican access to my phone to see if there was a problem with my phone that stopped the Yahoo Search App from working. He went to Yahoo and… more
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