Let’s talk about the mempool.
On Ethereum, you can replace a transaction that’s still in the mempool by resending it with the same nonce and a higher gas fee.
To be honest, I only learned this next point later: before sending Bitcoin, check the going fee rates and set your fee accordingly. If it’s too low, your transaction could get stuck for a long time.
$BTC Bitcoin transaction fees are generally quoted in satoshis per virtual byte (sat/vB). The higher the fee rate, the sooner miners are likely to select your transaction.
There are always surprises in the market, so decide in advance what you’ll do if your judgment turns out to be wrong.
On Ethereum, you can replace a transaction that’s still in the mempool by resending it with the same nonce and a higher gas fee.
To be honest, I only learned this next point later: before sending Bitcoin, check the going fee rates and set your fee accordingly. If it’s too low, your transaction could get stuck for a long time.
$BTC Bitcoin transaction fees are generally quoted in satoshis per virtual byte (sat/vB). The higher the fee rate, the sooner miners are likely to select your transaction.
There are always surprises in the market, so decide in advance what you’ll do if your judgment turns out to be wrong.