What are bitcoin transaction accelerators?

Bitcoin Transaction Accelerators can be introduced as off-chain services. Bitcoin Transaction Accelerators charge extra fees from users. As a result of this extra fee, your transactions can get sufficient confirmations on the network. Interestingly, most of the miners themselves act as accelerators to get higher block mining fees and rewards.

What is bitaccelerate & how does it work?

BitAccelerate is a free Bitcoin transaction accelerator that allows you to get faster confirmations on your unconfirmed transactions. Just enter the transaction ID (TXID) and click the "Accelerate" button. Our service will rebroadcast the transaction via 10 Bitcoin nodes.

What is BTC accelerator?

BTCAccelerator.io is a fast bitcoin transaction accelerator which allows you to accelerate BTC transactions by reducing the time taken waiting for TX confirmations. Simply enter your TX ID and press “Pay Accelerator Fee” to rebroadcast your transaction through up to 41 global Bitcoin nodes.

What are the problems with Bitcoin?

One of the biggest problems with 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 transaction fees or wait longer for the transaction to be included in a block.