Post
Topic
Board Bitcoin Discussion
Re: Have a question about cancel a transaction
by
Nrcewker
on 26/12/2023, 17:28:28 UTC
hello, I have a question about how to cancel a transaction which already commited to mempool but not confirmed?

if there is no way or tool to cancel a tx, is it need to develop one?

Bitcoin transactions are irreversible. That means once you send it, you can’t reverse it back. Yes what you can do is that, if it hasn’t got any confirmations in blockchain network, then you can use Replace By Fee feature if your wallet supports to increase the fee and speed up the transaction. That’s the only action possible and that too with specific wallets. Otherwise you can try transaction accelerators to accelerate any stuck transactions in the worst case.