Hi!
So this is my problem. A while ago I tried to make a transaction from one of my armory wallets to another one of my armory wallets. The problem was that the transaction contained very many addresses with small amounts of BTC in them, and the size of the transaction was therefore very big (approx. 5000 bytes). At the time of transaction the recommended transaction fee was something like 600 satoshis per byte, and the recommended transaction fee therefore was something like 400 dollars. This sounded waaaay to high for me, so I decided to use a much lower transaction fee in hope of it being accepted anyway (and I also tried to use free services for acceleration of stuck transactions since Ive used one before). This transaction is still stuck. So today I read something about something called SegWit, which, if I understood it correctly might help me lower my transaction fee. Is this correct? I then googled Armory and SegWit and found a post saying that Armory is SegWit enabled.
So my question is, can I send the same bitcoins, but using SegWit instead (or did I automatically use SegWit when I sent my original transaction?)?. Will this lower my transaction fee? Or am I screwed since I already tried to send my bitcoins? (even though the transaction is stuck?) Is there any risk of losing my bitcoins if I do something wrong?
When I did the original transaction, I knew it was a fairly bit chance of it becoming stuck, so I used the RBF function, so the transaction is RBF flagged. Im not completely sure if I understood the feature correctly, but to me it sounded like I could send the same transaction again but with a higher fee if I used that function.
Im a complete noob (as evidenced by me just today finding out that SegWit exists..), please keep that in mind when answering 😊
And thank you so very much for your help!