Why do some transactions still show “Pending confirmation” several hours after being broadcast? Where exactly are they getting stuck?
Block space is limited, so miners generally prioritize transactions with higher fee rates. When the network is congested, transactions with lower fees have to wait longer in the queue.
Understanding this won’t make me money right away, but it can help me avoid making a basic mistake.
Understanding the principles can help you avoid some pitfalls, but it can’t replace position management.
$BTC 80440.26（-0.47%）
#BTC
Crypto assets are highly volatile, so use leverage with restraint.
Block space is limited, so miners generally prioritize transactions with higher fee rates. When the network is congested, transactions with lower fees have to wait longer in the queue.
Understanding this won’t make me money right away, but it can help me avoid making a basic mistake.
Understanding the principles can help you avoid some pitfalls, but it can’t replace position management.
$BTC 80440.26（-0.47%）
#BTC
Crypto assets are highly volatile, so use leverage with restraint.