How To Unstick A Pending Bitcoin Transaction + Bitcoin Network State

in #bitcoin7 years ago

Hi guys,

I found this neat video tutorial about something called Bitcoin Transaction Booster Accelerator. Basically what it does is help you when your Bitcoin transaction got stuck in the mempool and you need the transfer fast.



But before you make the transaction, it's good to check the state of the Bitcoin network - especially how many pending transactions there is.

You can do this by checking this website: https://jochen-hoenicke.de/queue/#24h

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This chart shows that currently there are about 100,000 pending Bitcoin transactions which is quite a lot - which means that your transfer will take some time, unless you pay a higher fee (the chart shows the fee distribution as well).

Hope you'll find this useful, cheers!

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Wow, you do not know how your post is useful and timely for many, especially when there are a lot of hanging transactions. I also have such problems and I thank you from the bottom of my heart! Thank you @tipu

This is very useful information, be sure to keep the link. Because I had a hang of transactions so many nerves spent. Thank you for the useful post.

excellent video of cryptocurrency news,thanks for sharing

thanks for the inportent information sharing

bitcoin is just awesome online currency bt why Nowadays it price is demotion??

Resteemed cause Upvote break...have to regenerate! Thanks for it. Steem on

How did the segwit update this summer influence the transactions queue? I recall reading that it was greatly reduced, but is that still the case? Seeing bitcoin increasing in popularity I'm guessing the transaction queue is somewhat greater than a few months ago.

Probably we need to wait for LN to see real benefits of Segwit.

Read this to understand what the lighting network and segwit is : https://steemit.com/bitcoin/@sames/confused-about-the-lighting-network-layman-terms

This seems centralized ......when the lightning network coming?

Still couple of months probably :(

Dang it

@tipu do you like this post about the lighting network I had fun writing that https://steemit.com/bitcoin/@sames/confused-about-the-lighting-network-layman-terms

well post👍👍

You are doing a public service man. Very nice @tipu

This video is very helpfull for us. Thanks @tipu for sharing with us.

good info tipu