A Bitcoin user accidentally paid 0.75 BTC in fees due to a Replace-by-Fee mistake involving a wrong input and missing change output. The user intended to speed up a transaction but entered a fee rate ...
RBF lets you resend unconfirmed transactions with higher fees, but it requires a clear understanding of fee units, wallet behavior and transaction structure. A misunderstanding of fee units led to an ...
Update 1:17 pm UTC: This article has been updated with the corrected US dollar figure that the user paid at the time. One presumably panicked Bitcoin user paid almost 0.75 BTC (worth around $60,000 at ...
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Bitcoin usage still skews toward long-term storage, as seen in how much BTC sits unmoved, says Terahash co-founder Hunter Rogers. But this behavior preserves individual wealth while starving the ...
The Bitcoin transaction mempool is a temporary storage area for unconfirmed transactions that are waiting for a miner to add them to a new block. Every Bitcoin node runs a mempool and works to check ...