What is a pending Ethereum transaction?

Pending transactions arethose that haven’t yet been processed by the Ethereum network. You can speed up pending transactions by replacing them with a new transaction with a higher fee. How do I know if my transaction is pending? Why is my Ethereum transaction pending? How do I know what the right fee is for making an Ethereum transaction?

What are Ethereum transaction confirmations?

A new transaction with the same nonce from the same sender enters the in block state, or Another transaction with the same nonce and a 12% higher gas price enters the pending stage, this time from the same sender. Ethereum transaction confirmations are thenumber of blocks created since the first block that included this transaction.

How long does Ethereum take to process a transaction?

If you are one of the many people that own an Ethereum wallet and launched a few transactions on the Ethereum blockchain, then chances are you faced a long-running transaction. Some people even reported having to wait for hours, days, or even months, hoping their transaction would eventually be processed by the miners.

What is a nonce in Ethereum?

A nonce is an abbreviation for “number only used once,” referring to the total number of confirmed transactions sent from the given Ethereum address.