How long will a pending transaction stay in the blockchain?
Sangeeth Thanga DharsanAug 15, 2022 · 3 years ago3 answers
Can you tell me how long a pending transaction will remain in the blockchain before it gets confirmed?
3 answers
- RCVAug 31, 2024 · a year agoA pending transaction can stay in the blockchain for different lengths of time depending on various factors. Generally, it takes about 10 minutes for a Bitcoin transaction to be confirmed, but it can take longer during times of high network congestion. Other cryptocurrencies may have different confirmation times. It's important to note that a pending transaction can be dropped from the mempool if it remains unconfirmed for too long.
- bobSep 07, 2022 · 3 years agoThe duration of a pending transaction in the blockchain can vary. It depends on the network's congestion and the transaction fee you've set. If the network is busy, it may take longer for your transaction to be confirmed. Additionally, if you've set a low transaction fee, miners may prioritize other transactions with higher fees. In such cases, your transaction may remain pending for a longer period.
- Berkay GoekmenJul 11, 2020 · 5 years agoWhen it comes to pending transactions in the blockchain, it's important to understand that the confirmation time can vary. Different cryptocurrencies have different block times, which affect how quickly transactions are confirmed. For example, Bitcoin has an average block time of 10 minutes, while Ethereum has an average block time of around 15 seconds. Additionally, factors such as network congestion and transaction fees can also impact the confirmation time. It's always a good idea to check the current network conditions and set an appropriate transaction fee to ensure timely confirmation.
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