Re:Cambridge Bitcoin Electricity Consumption Index
by derivagral on Wednesday February 10, 2021 @04:55PM
(#26095329)
Not an expert, but I did make my own erc20 once.
Are you sending it over the network, or to someone else within a website? (eg: binance, coinbase; doesn't need to be an exchange)
Do you track your transactions later? Do they get confirmed? How many confirmations does a website need to count it? How long does that take?
I would expect a low-fee transaction to eventually either expire or go through. I don't know what timeframe that might take: higher fee typically means higher priority as I've understood it. I can't imagine it'd keep your $ in limbo forever, but who knows. If you haven't used it in a long time, I understand that the network is much more congested these days.
Are you sending it over the network, or to someone else within a website? (eg: binance, coinbase; doesn't need to be an exchange)
Do you track your transactions later? Do they get confirmed? How many confirmations does a website need to count it? How long does that take?
I would expect a low-fee transaction to eventually either expire or go through. I don't know what timeframe that might take: higher fee typically means higher priority as I've understood it. I can't imagine it'd keep your $ in limbo forever, but who knows. If you haven't used it in a long time, I understand that the network is much more congested these days.