Someone asked: After a transaction is broadcast, where does it stay before it’s added to the blockchain?
My answer: Bitcoin supports Replace-by-Fee (RBF): you can sign a new transaction spending the same inputs with a higher fee to replace the unconfirmed one. Block space is limited, and miners generally prioritize transactions with higher fee rates, so when the network is congested, transactions with lower fees have to wait longer in the queue.
$BTC 80288.01(-0.53%)
What do you think? Join the conversation in the comments.
My answer: Bitcoin supports Replace-by-Fee (RBF): you can sign a new transaction spending the same inputs with a higher fee to replace the unconfirmed one. Block space is limited, and miners generally prioritize transactions with higher fee rates, so when the network is congested, transactions with lower fees have to wait longer in the queue.
$BTC 80288.01(-0.53%)
What do you think? Join the conversation in the comments.
