Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Topic OP
Why its impossible to cancel unconfitmed transaction?
by
ray_saeed
on 31/01/2021, 08:01:05 UTC
⭐ Merited by DdmrDdmr (1)
Simple situation. I make a transaction and set to low fee by mistake. Now i need to wait days for processing. Why i cant just cancel it and resubmit with higher fee? Ok, maybe this could create problems for services that dont check conformations on deposits. Another option. Why i cant set higher fee for transaction that already in mempool? As i know there are special wallets that allow to do so. Why this feature avaliable in only several not popular wallets?
As for me, option to make fee higher for mempool transactions is profitable for everyone. Miners will earn more. Recipient will recieve money faster. Sender will be happy. Why not?