Sunday, December 4

Tag: stuck transactions

Here’s Why Your Bitcoin Transaction is Stuck
PR Wire

Here’s Why Your Bitcoin Transaction is Stuck

Bitcoin has transactional limits to what it can achieve, so when there is a high demand for the cryptocurrency, the network clogs up, causing mempool spikes.  The mempool is where unconfirmed transactions await their inclusion in the blockchain.  During normal operations, Bitcoin is capable of keeping up with the demands. Bitcoin transactions naturally gather in the mempool before miners record them on the blockchain.  Two forces affect Bitcoin’s capabilities to avoid going into a mempool spike.  Demand for Bitcoin transactions Changes in network mining power Demand for Bitcoin Transactions Bitcoin’s popularity is the most influential factor in the equation. When Bitcoin is not trending, the blockchain usually avoids overflowing the mempool and regularly zeroes out th...