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It might. It depends on the status of the network at the time. If there is a significantly large unconfirmed transaction pool backlog and a transaction is made
by flyingfences 7y ago
It might. It depends on the status of the network at the time. If there is a significantly large unconfirmed transaction pool backlog and a transaction is made with a low enough fee then the miners may simply ignore the transaction for long enough that they let it expire and drop it completely. Theoretically, that transaction still could be confirmed at any time in the future, but, practically, it won't be. So, most wallet software will stop displaying an unconfirmed transaction after a number of days, returning to a pre-transaction available balance.
- legohead 7y agoThis got me thinking. I believe I saw last year where there was something like over 200k unconfirmed transactions on the blockchain. Right now it says 5000. So, what is the minimum amount you could send with a proper transaction fee? Could someone flood the network with millions of unconfirmed transactions?
- cdiddy2 7y agoyou could but if you wanted them to stop others from using the chain it would be pretty costly. if you didnt provide a fee then they go to the bottom of the list to get mined and some miners might not even bother