Saturday, 1 February 2020

List of Mempool explorers that tell you an estimate time for your transaction confirmation

As a Bitcoin user, you must have at some time experienced bitcoin transactions getting stuck and not getting confirmed. Bitcoin transaction fees fluctuates in real-time and using a low fee can sometimes make your transaction stuck in the mempool for hours.

Most transaction explorers tell you whether or not the transaction has confirmed but do not tell you how long it will take for the transaction to confirm. There are some that do give you an estimate of the average time it will take for your transaction confirmation. Here is a list you can use:

#1 mempool.space: This site shows you where your transaction is in a mempool and an estimated time for its confirmation.

  • Neat graphical representation of the blocks along with the position of your transaction block.
  • Does not give you any other detail about your transaction.

#2 Blockonomics: This blockchain explorer is one of the few places where you are shown an estimated time for your confirmation along with other details of your transaction.

  • Provides all the details about your transaction that a blockchain explorer shows.
  • Gives you an estimate in minutes for your transaction confirmation.

#3 Blockstream: Gives you an estimate of the number of blocks it will take for your transaction to be mined.

  • Provides all the details about your transaction that a blockchain explorer shows.
  • Does not provide an estimated time but only shows the estimated number of block.
  • (Each block takes 10 minutes to mine, so based on the number of blocks shown, simply multiply by 10 and get an estimate in minutes)

Some other sites that don't give information about your specific transaction but tell you an estimated time for confirmation based on the fees.

Edit: Addition to the list directly above: https://jochen-hoenicke.de/queue/#0,24h

submitted by /u/primalfabric
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BTC doesn’t seem to have much happening other than speculation. It would be interesting to see the some stats for BCH.

BTC doesn’t seem to have much happening other than speculation. It would be interesting to see the some stats for BCH. submitted by /u/MemoryDealers
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source https://www.reddit.com/r/btc/comments/ewz9e5/btc_doesnt_seem_to_have_much_happening_other_than/

Segwit question (don't beat me up for this)

Is there any advantage to avoiding segwit addresses if you are FORCED to transact on BTC chain? Does sticking with only legacy addresses offer any tangible advantage over nested or native segwit addresses? (other than some wallets and services still not recognizing bech32 addresses)

I'm not trying to start or add to any argument over whether or not segwit should exist, I'm just curious if there is any reason to actively avoid it when using the BTC chain.

submitted by /u/takeoveritsyours
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source https://www.reddit.com/r/btc/comments/ewzbb3/segwit_question_dont_beat_me_up_for_this/

Five mining entities -- all of them based in China -- control 50% of all computing power on the BTC network

Five mining entities -- all of them based in China -- control 50% of all computing power on the BTC network submitted by /u/bobbysteeles
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source https://www.reddit.com/r/btc/comments/ewz94y/five_mining_entities_all_of_them_based_in_china/

The Government Wants To Keep Your Identity Safe With Blockchain

The Government Wants To Keep Your Identity Safe With Blockchain submitted by /u/The-Happy-Neuron
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source https://www.reddit.com/r/btc/comments/ewzeng/the_government_wants_to_keep_your_identity_safe/

Why miner contributions to development needn't be complicated

submitted by /u/ConalR
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source https://www.reddit.com/r/btc/comments/ewz3ln/why_miner_contributions_to_development_neednt_be/

I just recieved 1099k from coinbase and I have a question.

Do I have to pay taxes on the total of box a( my box a is total is 900k and total transactions is 200) or just on the gains. I didnt make any money from trading but I lost like a lot like %75 of what I started with)

submitted by /u/SHOPLIFTING_THROWAWA
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