Post
Topic
Board Bitcoin Technical Support
Re: Anyway to speed up confirmations?
by
Aya1
on 29/12/2017, 09:41:31 UTC
With the increasing use of bitcoin all over the world, it causes masks that contain unconfirmed transactions are often increasing and full

The bitcoin transactions are sized in bytes, and how quickly the transactions are confirmed are determined by how high FEE / bytes

to know the size of your transaction, you can access https://blockchain.info/tx/*ketikhashanda*

example: https://blockchain.info/tx/aafcc8bbfdc160f9618f437b9c9cbcb74720fff4decc01b4652884559a9f195a

in the picture above we get 2 important information about this transaction
1. transaction size is 373 bytes
2. fee per bytes is 85.791 satoshi

Once we know the fee / byte we can take into account how long the transaction will be confirmed through the site
https://bitcoinfees.21.co/, this site provides estimates of estimated time when a transaction is confirmed with a given fee


according to the image below, since the sender uses the fee of 85 satoshi / bytes, the estimated time of the transaction confirmation estimate can take up to days even up to 5 days

To avoid this, you can send a bitcoin with a higher fee that is in accordance with the recommendations of this site, for the transaction you want to confirm within 30 minutes you can
sending with fee 181-200 satoshi / bytes or 0.000002 BTC * size of your transaction

Example: 0.000002 * 373 = 0.000746 BTC

Is there a tool to speed up transactions?
You can use https://www.viabtc.com/tools/txaccelerator/
ViaBTC has its own miner pool and will include your hash tx in their pool


Triv can not speed up / slow down transactions, if you want your transactions to be quickly confirmed in blockchain, you can send them at a high fee