Sentences with phrase «unconfirmed transactions pool»

First, your transaction goes into the «unconfirmed transactions pool,» a list of all the pending Bitcoin transactions.

With the number of bitcoin transactions increasing as bitcoin's popularity grows, transactions take longer as the unconfirmed transactions pool increases.

Not exact matches

Key statistics gathered by Statoshi http://statoshi.info/ for the past few months show the pool of unconfirmed transactions has held relatively steady at about 10,000 transactions — a significant decrease from over 75,000 unconfirmed transactions during «the stress test» performed in September 2015.

Key statistics gathered by Statoshi for the past few months show the pool of unconfirmed transactions has held relatively steady at about 10,000 transactions — a significant decrease from over 75,000 unconfirmed transactions during «the stress test» performed in September 2015.

For instance four days ago the mining pool Viabtc processed an 8 MB block that confirmed every transaction that was unconfirmed in one fell swoop.

When you send a transaction with too low fees, it stays in the unconfirmed pool of most full nodes until it either expires or until a miner picks it up and confirms in a block.

In recent months, the pool of unconfirmed transactions on the bitcoin network has been growing to astounding levels, often exceeding 400,000 transactions.