Hello, I came across this thread and i want to share my thoughts on STUCK TRANSACTIONS AND HOW TO FIX THEM

STUCK TRANSACTION
1. Low Transaction Fees: This is the most frequent cause. Miners or validators on a blockchain network are incentivized to process transactions with higher fees first. If you set a fee that's too low, especially during times of high network congestion, your transaction will be at the back of the queue and may remain unconfirmed indefinitely.


2. Network Congestion: When there's a lot of activity on a blockchain (like during a bull run or a popular NFT drop), the "memepool" (the waiting room for unconfirmed transactions) gets full. This drives up fees as people compete to have their transactions included in the next block, leaving low-fee transactions stuck.

3. Wallet Issues: Sometimes, a wallet might not be correctly synced with the network or may have an internal issue that causes a transaction to get stuck.

4. Attempting to "Double Spend": This happens when you try to send the same funds in two different transactions. While the network is designed to prevent this, it can lead to one or both of the transactions getting stuck.

HOW TO FIX STUCK TRANSACTIONS

1. Wait it Out

If the transaction isn't urgent, sometimes the simplest solution is to wait. Network congestion often subsides, and your transaction might eventually be picked up by a miner. In the worst-case scenario, after a certain period (which can range from a few hours to several days), the transaction will be dropped from the mempool, and the funds will be returned to your wallet.


2. Increase the Fee (Transaction Acceleration)

This is the most direct way to get a stuck transaction confirmed. There are two primary methods:

Replace-by-Fee (RBF): If your wallet supports RBF, you can broadcast a new version of the transaction with the same inputs but a higher fee. The network will see this as a replacement for the original, low-fee transaction and will likely process the one with the higher fee first. You typically need to enable RBF in your wallet's settings before sending the initial transaction.



Child-Pays-for-Parent (CPFP): This method is useful if your wallet doesn't support RBF. You create a new "child" transaction that spends the output of the stuck "parent" transaction. The child transaction is given a very high fee, which incentivizes miners to include both the child and its parent (your original stuck transaction) in the next block to claim the higher reward. You will need a small amount of the same cryptocurrency in your wallet to pay for the new transaction's fee.

3. Use a Transaction Accelerator Service

Some mining pools and third-party services offer "transaction accelerators." For a fee (or sometimes for free, but with limited slots), they will prioritize your transaction and include it in the next block they mine. To use this, you'll need your transaction ID (TXID).


4. Check Your Wallet's Features

Many modern wallets, like Exodus, Ledger Live, and Electrum, have built-in "accelerate" or "bump fee" functions that simplify the RBF or CPFP process. Check your wallet's documentation or support pages for instructions.

5. Cancel the Transaction (for EVM-based Chains)

For transactions on Ethereum and other EVM-based blockchains, you can sometimes cancel a pending transaction. You do this by sending a new transaction with the same nonce (a unique transaction counter) and a higher gas fee to your own address. This effectively "overwrites" the stuck transaction, and the higher-fee transaction will be processed instead