Sent using economic fee, transaction does not confirm

[Aufik138]

Указал минимальную комиссию при отправке биткойнов жду уже почти 10 дней и без толку, кнопки увеличить комиссию нет в приложении у меня, как решить проблему помогите пожалуйста? Как увеличить комиссию?

[Aufik138]

I indicated the minimum commission when sending bitcoins, I’ve been waiting for almost 10 days and to no avail, I don’t have a button to increase the commission in the application, how can I solve the problem, please help? How to increase the commission?

[Aufik138]

[YuriMB]

I'm experiencing the same issue. Is there anything we can do? When browsing the transaction it states "Invalid BTC Transaction"

[YuriMB]

Fixed the issue for me, it's not a software bug but rather a limitation of the way bitcoin works. Miners can choose which transactions they add in a block, and they only add the ones paying the most. Currently the majority of transactions has a reward of > 24 sat/vB. If your transaction is below that, tough luck. Chances are it is completely dropped. You can republish your transaction using bitcoin transaction boosters (free), but it still won't get picked up if there are higher paying transactions.

I republished the transaction using one of the boosters, and then saw the transaction with 0 confirmations on my other wallet. Then I used a technique called CPFP (Child Pays For Parent), which effectively uses the transaction with a very low fee and publishes a new transaction with a higher paying fee. I've made the new fee fairly high (~100 sat/vByte) and saw confirmations within the hour.

[schildbach]

Closing this, as the app cannot do anything about the high fees.

In general, if you care about confirmation time, don't use economic fee. Stay with the standard setting, which cuts a compromise between priority and costs.