Looking for a Bitcoin Transaction Accelerator to speedup stuck BTC transactions? We have listed 5 Bitcoin transaction Booster services so that you can choose best Bitcoin Transaction Accelerator for you.
The blockchain market is fast growing and so are Bitcoin transactions. The size of the Bitcoin block can rise to a maximum limit of 1MB. Beyond that, the entire blockchain network gets corrupted causing delays in transactions, congestion in the network, delays in the confirmation of the transactions, and so on.
All Bitcoin transactions need to pass through a confirmation pool called Bitcoin mempool depending on your transaction fees. So invariably, if your transaction fees are more, the miners will pick your transaction and confirm it. So, here comes the role of transaction accelerators. To accelerate your transactions, you need to pay an extra fee or an acceleration fee.
What is Bitcoin Transaction Accelerator?
Bitcoin Transaction Accelerators are off-chain services that charge an extra fee to accelerate your Bitcoin (BTC) transactions in the blockchain network so that it can get the required confirmations. These services are actually run by the miners themselves in order to get higher fees for block mining.
In December 2017, the Bitcoin Blockchain network was processing more than 4,50,000 transactions a day which caused serious congestion in the network. Bitcoin accelerators can smoothen the transaction process and save both time and effort for investors.
How It Works?
A Bitcoin transaction accelerator is a service that aims to speed up the confirmation time of Bitcoin transactions. When the Bitcoin network is congested or experiencing high demand, transactions may take longer to confirm, resulting in delays in the transfer of funds.
Here’s how a Bitcoin transaction accelerator typically works:
- Submission: Users submit their transaction details, including the transaction ID (TXID), to the transaction accelerator service. The TXID is a unique identifier for the transaction.
- Priority placement: The transaction accelerator prioritizes the submitted transaction by including it in the next block to be mined. Miners prioritize transactions with higher fees, so some transaction accelerators may require a fee to be paid for the acceleration service.
- Broadcasting: The transaction accelerator broadcasts the prioritized transaction to the Bitcoin network, increasing the chances of it being included in the next block and confirmed faster.
It’s important to note that not all transaction accelerators are free, and the effectiveness of the service may depend on various factors, including the current network congestion and the fee offered for acceleration. Additionally, some accelerators may have limitations on the size or type of transactions they can process.
When using a Bitcoin transaction accelerator, it’s recommended to do thorough research and choose a reputable and reliable service. Look for user reviews and feedback to assess the effectiveness and reliability of the accelerator. It’s also worth noting that transaction accelerators may not guarantee immediate confirmation, as the confirmation time ultimately depends on the overall network conditions and miner preferences.
Lastly, it’s worth considering adjusting the transaction fee when sending Bitcoin transactions, as higher fees can help increase the likelihood of faster confirmation, even without relying on a transaction accelerator.
Best Bitcoin Transaction Accelerator
Let us now have a look into some of the best Bitcoin Transaction Accelerators:
ViaBTC
ViaBTC started its service back in 2017 challenging the 1MB limit of Bitcoin blocks. The service is free but charges an extra amount for low transaction fees or transactions that are urgent. The free service is available at 100 accelerations per hour.
To use the service users, need to provide their transaction ID. To avail of the paid services, you have to pay a minimum charge of 0.0001BTC/KB. Also, there is no need for users to sign up for the services. They just need to submit their TXID in a specific format available at Bitcoin Blockchain explorers.
360 BTC Accelerator
The 360 BTC Accelerator provides free acceleration services and there is always a chance that your transactions will be confirmed even if you have paid a very low fee. The service does not mine by itself or is not connected to miners but all your transactions will be confirmed by rebroadcasting the unconfirmed transactions to the network itself. In this process, the transactions get picked up by other mining pools like that ViaBTC, and your transaction gets confirmed. The service is very easy to use and no sign-up is required.
BTC Nitro
BTC Nitro is a free Bitcoin accelerator and has partnered with several mining pools to accelerate the confirmation of Bitcoin transactions faster. If your transaction has been jammed up or is unconfirmed due to the low fee, BTC TX will add an extra fee and clear the confirmation process by sending it to partner pools. It also offers a premium service where users can avail better output by paying some extra fees.
BitAccelerate
BitAccelerate is a free Bitcoin transaction accelerator that helps you clear your unconfirmed transactions easily within the network. BitAccelerate asks you to submit your transaction ID or TXID and click on the “Accelerate” button and your transaction will be rebroadcasted by using 10 Bitcoin nodes. To get a faster result, you can resubmit your ‘stuck’ transaction every 6 hours and the BitAccelerate will keep on broadcasting until it is confirmed. No sign-up is required for using the service.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Minting the Future w Adryenn Ashley. Access Here.
- Buy and Sell Shares in PRE-IPO Companies with PREIPO®. Access Here.
- Source: https://coinfunda.com/bitcoin-transaction-accelerator-speedup-stuck-tx/
- :has
- :is
- :not
- :where
- $UP
- 000
- 1
- 10
- 100
- 2017
- 2023
- 50
- a
- accelerate
- acceleration
- accelerator
- accelerators
- actually
- add
- Additionally
- aims
- All
- also
- always
- amount
- an
- and
- ARE
- AS
- At
- available
- back
- BE
- been
- being
- BEST
- Better
- Beyond
- Bitcoin
- Bitcoin Blockchain
- Bitcoin Network
- Bitcoin Transaction
- bitcoin transactions
- Block
- blockchain
- blockchain market
- blockchain network
- Blocks
- booster
- both
- Broadcasting
- BTC
- btc transactions
- but
- button
- by
- called
- CAN
- Can Get
- caused
- causing
- challenging
- Chance
- chances
- charge
- charges
- Choose
- clear
- click
- comes
- conditions
- Confirm
- confirmation
- confirmations
- CONFIRMED
- connected
- considering
- corrupted
- Current
- day
- December
- delays
- Demand
- Depending
- depends
- details
- do
- does
- due
- easily
- easy
- effectiveness
- effort
- Entire
- Even
- Every
- experiencing
- Explorers
- extra
- factors
- FAST
- faster
- fee
- feedback
- Fees
- For
- For Investors
- format
- Free
- Free Bitcoin
- funds
- get
- Growing
- guarantee
- Have
- help
- helps
- here
- High
- higher
- hour
- HOURS
- How
- HTTPS
- ID
- identifier
- if
- immediate
- important
- in
- included
- Including
- Increase
- increasing
- into
- invariably
- Investors
- IT
- ITS
- itself
- jpg
- just
- Keep
- like
- LIMIT
- limitations
- Listed
- longer
- Look
- Low
- low transaction fees
- Market
- max-width
- maximum
- May..
- Mempool
- mined
- miner
- Miners
- minimum
- Mining
- Mining Pools
- more
- Need
- network
- next
- Next Block
- Nitro
- no
- nodes
- now
- of
- offered
- Offers
- on
- or
- order
- Other
- output
- overall
- paid
- partner
- partnered
- pass
- Pay
- paying
- pick
- picked
- plato
- Plato Data Intelligence
- PlatoData
- pool
- Pools
- preferences
- Premium
- Prioritize
- prioritized
- process
- processing
- provide
- provides
- recommended
- reliability
- reliable
- reputable
- require
- required
- research
- result
- resulting
- Reviews
- Rise
- Role
- Run
- Save
- sending
- serious
- service
- Services
- several
- sign
- Size
- So
- some
- specific
- speed
- started
- submit
- submitted
- Take
- than
- that
- The
- their
- themselves
- There.
- These
- they
- this
- Through
- time
- to
- transaction
- Transaction Details
- Transaction Fees
- Transactions
- transfer
- TX
- type
- typically
- Ultimately
- unique
- until
- urgent
- us
- use
- User
- user reviews
- users
- using
- various
- very
- ViaBTC
- was
- we
- when
- which
- will
- with
- within
- without
- works
- worth
- you
- Your
- zephyrnet