Guest viewing is limited

Welcome to Discussion Bucks

Earn Cash While You Engage!

Join the ultimate paid-to-post forum where your opinions earn you real cash! 🌟 💵 Earn While You Post: Share your thoughts and watch your earnings grow. 🌐 Global Community: Connect with members worldwide. 🎁 Exclusive Perks: Enjoy rewards and VIP perks. Get Started in Minutes!

SignUp Now!

Why does a bitcoin transaction become invalid

neku

Community Advocate
Literary Virtuoso
Registered Member
Joined
Oct 20, 2023
Messages
1,380
Reaction score
95
Trophy Points
0
Location
India
D Bucks
💵1.129000
Referral Credit
0
A customer has sent a large number of vendors BTC payment, yet most of these vendors have not received payment. When the transaction is checked using blockchain explorer, the transaction is shown as invalid. What could be the reason for the transaction failure?
 
An invalid transaction can be one that does not pay enough fee to enter a block of transactions in the mempool, it can remain for about 1 week in the limbo of the mempool until it returns to the wallet of origin and is rejected, using this mechanism of Bitcoin is known as replace by fee.
 
In 2017 I encountered an incident of Bitcoin transaction delays of more than seven days due to heavy Bitcoin transaction traffic, but it was not an invalid transaction but had not been confirmed. But the transaction was still valid. So I just had to wait for confirmation.
 
Bitcoin addresses are arranged in a certain format, so if the wrong address is used for Bch address, it will not be listed in the Bitcoin blockchain. If the address is written incorrectly or is an invalid address, it will be sent to someone else. The Bitcoin that has been sent will become irreversible.
 
Back
Top Bottom