problems found in Bitcoin is the confirmation time for transactions. Not only are blocks 10 minutes apart, the network is often running at over capacity, which means that you either have to pay more in tx fees or wait longer for the transaction to be included in a block. However, there is a free service provided by ViaBTC that accelerates your transactions.
ViaBTC offers a maximum of 100 transactions per hour for transactions that are currently delayed, which is still enough for those that are seeking faster transaction times. Users can submit any transaction that includes a minimum 0.0001BTC/KB and ViaBTC will prioritize this transaction to include in the next block whenever possible.
Let's find out how to take advantage of this awesome service! Assuming you have already made your transaction:
Step 1: Check your transaction ID on a Blockchain explorer or on your wallet. If you don't know how to, paste the address where you sent from or where you sent the transaction to on Blockchain.info and press Enter
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Step 2: Once you've identified your transaction (probably, the most recent), copy the txid on the top
Step 3: Click here to go to the ViaBTC Transaction Accelerator
https://www.viabtc.com/tools/txaccelerator/
Step 4: Close the initial dialog window (feel free to read it before you do, of course)
Step 5: Paste the transaction ID on the first field
Step 6: Solve the captcha and click "Submit"
That's it! If the acceleration is successful, you'll see the following warning:
How does Transaction Accelerator work?
With the Transaction Accelerator for delayed transactions, you can submit any TXID that includes a minimum fee of 0.0001BTC/KB.
We will prioritize your submitted transaction to include in the next block we mine with no charge
ViaBTC pool and cloud mining contract customers will enjoy chances for an upgraded “Customer-Only” accelerator service, which will help you lift the limits on minimum transaction fee and processing capacity. Customers need to Sign in before submitting so that our system can check your qualification and provide the “Customer-Only” accelerator service automatically.
Why does it take so long to confirm my transaction?
When more people start to use Bitcoin, the Bitcoin block size grows to the 1MB limit. But Bitcoin Core developers keep refusing to increase block size for more people able to use Bitcoin.
What is “Transaction ID”?
Why does it say “Transaction does not exist”?
In the following cases, you may be told that your transaction does not exist:
- Too low fee: We only provide accelerator services for those with at least 0.0001BTC/KB transaction fees;
- Node reboot: When a Bitcoin node is rebooted, synchronization of transaction data may be delayed. You can try again later;
- Previous transaction unconfirmed. Your transaction can’t be confirmed if previous transactions connecting to yours are unconfirmed. You’ll need to wait till all previous transactions are confirmed first. You can also use our accelerator to help with that.
We can’t accelerate confirmation of “Double spent” transactions either.