Bitcoin transactions have 0 confirmations? Learn how to fix them!

in cryptocurrency •  8 years ago 

Introduction

There are a couple thousand unconfirmed transactions on the bitcoin network at the time this thread was written. Click me to see the current amount of unconfirmed transactions.

Today I will explain and show you a step-by-step process on why your transactions are stuck on 0 confirmations.


Why does my transaction still have 0 confirmations after 24 hours?

Stuck transactions are usually caused by paying a fee that is too low for bitcoin miners to accept.

What can I do to make my transaction confirm?

There are a few things you can do as the receiver and the sender:

  • Sit and wait for the transaction to confirm
  • Let the transaction time-out (will take awhile)
  • Contact a miner/pool to mine it for you

As a sender you can:

  • Attempt to use Replace-By-Fee (restricted to certain wallets)
  • Attempt a Child-Pays-For-Parent transaction (CPFP)

As a receiver you can:

  • Attempt a Child-Pays-For-Parent transaction

If for some reason you are unable to perform any of the above actions, you must simply wait and hope that your transaction will eventually confirm. If your wallet does not re-broadcast your transaction automatically, you must do that periodically for the network to "remember" your transaction. Most wallets automatically do this for you.

How can I force the network to "forget" my transaction?

Transactions that remain unconfirmed for an extended period of time may be "forgotten" by most nodes on the bitcoin network. This process may take a few days. Reasons a transaction can be "forgotten" are:

  • Node Restarts
  • Mempool expiry times
  • Mempool eviction (mempool increases minimum fee)

How do I get a miner or pool to confirm my transaction?

Some miners and pools offer services to prioritize your transaction. You may contact them and ask if they will take a payment to include your transaction. Many users have linked to https://www.viabtc.com/tools/txaccelerator/ but it may not necessarily work for you as it has a limit of 100 transactions per hour.

Attempting Replace-By-Fee Transactions

A Replace-By-Fee (RBF) transaction, also known as a double spend, is a transaction that is identical to the one that is "stuck" on 0 confirmations. Please note that transactions that do not use Opt-In RBF will be considered a double spend and will be flagged as such, which may take a long time to confirm still. If you want to get into the technicalities of RBF, refer to my post here.

Three Different Types of RBF Transactions

There are three different types of RBF transactions:

  • First-Seen-Safe (FSS) - Requires that the Replace-By-Fee transaction includes the same outputs and inputs (sender/receiver ID) as the original transaction.
  • Full RBF - A Full Replace-By-Fee means that the transaction is a double spend of another transaction but includes a higher fee; therefore, it replaces the original transaction.
  • Opt-In RBF - Opt-In Replace-By-Fee simply means that an RBF transaction can only replace a transaction that has been "Opted-In" to allow itself to be replaced.

Making A Full Replace-By-Fee Transaction

Making an RBF transaction depends entirely on the wallet you are using. Some wallets will support this option and some will not. Below I will include a list of wallets that support Full RBF and how to go about performing an RBF.

Bitcoin Core

Download Link from Official Site

In Bitcoin Core Follow these steps:

  1. Go to the transaction list
  2. Right-click the transaction that is stuck
  3. Choose "Abandon Transaction"

If for some reason the option is grayed out, you must restart Bitcoin Core using the -walletbroadcast=0 option. Repeat the above steps after doing this.

If both options listed above fail, you can restart Bitcoin Core using the -zapwallettxes option. This will clear all the unconfirmed transactions. Once you restart it you can start a new transaction, but make sure you include a higher fee.

Bitcoin Armory

Download Link from Official Site

In Bitcoin Armory follow these steps:

  1. Go to Help
  2. Clear All Transactions
  3. Restart Armory

Once you have restarted Armory, you can go ahead and send a new transaction with a higher fee.

MultiBit HD

Website

In MultiBit HD follow these steps:

  1. Go to Manage Wallet
  2. Click on Repair Wallet
  3. Follow the wizard

Once you have completed these steps you can now send a new transaction with a higher fee.

Wallets That Do Not Use Full Replace-By-Fee

This is a list of commonly used wallets that do not use Full RBF:

  • Blockchain and most web wallets
  • Electrum (Supports Opt-In which I recommend you use)
  • Mycelium
  • Bitcoin Wallet for Android
  • MultiBit Classic
  • Copay
  • Jaxx

Using Child-Pays-For-Parent (CPFP) Transaction

A Child-Pays-For-Parent transactions is when a child transaction spends from an unconfirmed parent transaction and includes a transaction fee which covers both the fee of the child and the parent. These type of transactions are very hard to perform as most wallets do not allow this. A few mining pools will not accept a transaction with a low fee leading to a high fee either.

To do this you must:

  1. Make sure your transaction has 0 confirmations
  2. Send a new transaction with the same amount of coins again
  3. Make sure you set a way higher fee. Use https://bitcoinfees.21.co/ to determine high fees.
  4. Send the new transaction.

I think this tutorial will help you with unconfirmed bitcoin transactions.

@ichtestenurmal

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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://steemit.com/bitcoin/@charleslapointe/thread-options-bitcoin-transactions-have-0-confirmations-learn-how-to-fix-them

I love that post, thank You and keep up going!

Great information! Followed for more (:

Awesome guide @ichtestenurmal

If only I had this when I did my first BTC purchase, and got no confirmations for like almost a day, because my mining fee was too low :(
I thought I would go crazy, and had no idea what was going on.

It's good you're sharing all this info with the community.

LWC Comment.png

Keep it up, all the best!

Hey @lifewithcrypto,

exactly the same in my case...... thats why i want this here on steemit.com
I think here are many people which get there first Blockchain and Bitcoin impressions through steemit so I want to help this people.

Thank you for your support,... will follow and upvote :)

Steemon

Nice post though but i dont think there is a way to fasten bitcoin confirmation if not by paying high transaction fee

Lieber ichtestnurmal du bist ein treuer follower und deine Beiträge machen mir viel Spass ich sponsor dir für diesen Beitrag den @randowhale
Auf das er deinen Post hochballert!!!!

lg fabian