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YuriMB avatar YuriMB commented on May 16, 2024 1

Fixed the issue for me, it's not a software bug but rather a limitation of the way bitcoin works. Miners can choose which transactions they add in a block, and they only add the ones paying the most. Currently the majority of transactions has a reward of > 24 sat/vB. If your transaction is below that, tough luck. Chances are it is completely dropped. You can republish your transaction using bitcoin transaction boosters (free), but it still won't get picked up if there are higher paying transactions.

I republished the transaction using one of the boosters, and then saw the transaction with 0 confirmations on my other wallet. Then I used a technique called CPFP (Child Pays For Parent), which effectively uses the transaction with a very low fee and publishes a new transaction with a higher paying fee. I've made the new fee fairly high (~100 sat/vByte) and saw confirmations within the hour.

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schildbach avatar schildbach commented on May 16, 2024 1

Closing this, as the app cannot do anything about the high fees.

In general, if you care about confirmation time, don't use economic fee. Stay with the standard setting, which cuts a compromise between priority and costs.

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Aufik138 avatar Aufik138 commented on May 16, 2024

I indicated the minimum commission when sending bitcoins, I’ve been waiting for almost 10 days and to no avail, I don’t have a button to increase the commission in the application, how can I solve the problem, please help? How to increase the commission?

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Aufik138 avatar Aufik138 commented on May 16, 2024

IMG_20231213_161932

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YuriMB avatar YuriMB commented on May 16, 2024

I'm experiencing the same issue. Is there anything we can do? When browsing the transaction it states "Invalid BTC Transaction"

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