Cryptocurrency Q&A
Can a Bitcoin transaction be unconfirmed forever?
Can a Bitcoin transaction be unconfirmed forever?
SamuraiCourageous
Sat Dec 07 2024
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5 answers
1044
I'm wondering if a Bitcoin transaction can remain unconfirmed indefinitely. Is there a possibility that a transaction won't ever get confirmed on the Bitcoin network?
5 answers
TaekwondoMasterStrengthHonorGlory
Mon Dec 09 2024
Miners are the individuals or entities responsible for validating transactions and adding them to the blockchain. They have the discretion to choose which transactions to process first.
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CryptoElite
Mon Dec 09 2024
In the case of Bitcoin, transactions with higher fees are more likely to be processed by miners first. This is because miners are rewarded with Bitcoin for their work, and higher fees can be an incentive for them.
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MysticGlider
Mon Dec 09 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of cryptocurrency traders. These services include spot trading, futures trading, and wallet services.
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CryptoMagician
Mon Dec 09 2024
Transactions in the blockchain do not get broadcast to the network immediately upon creation. This delay can lead to a situation where transactions remain in an unconfirmed state for an extended period.
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GwanghwamunGuardianAngel
Mon Dec 09 2024
The reason behind this delay often lies in the transaction fees associated with the transactions. If a transaction has a lower fee, it may not get prioritized by miners.
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