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Are you looking for a Bitcoin transaction accelerator to speed up stalled BTC transactions? We have listed 5 Bitcoin Transaction Accelerator Services so that you can choose the best Bitcoin Transaction Accelerator for you.
The blockchain market is growing rapidly and so are Bitcoin transactions. Bitcoin block size can go up to a maximum of 1MB. Moreover, the entire blockchain network is corrupted causing transaction delays, network congestion, delays in confirming transactions, etc.
All Bitcoin transactions must pass through a confirmation pool called the Bitcoin mempool depending on your transaction fee. So always, if your transaction fee is higher, miners will pick your transaction and confirm it. So, this is where transaction accelerators come in. To speed up your transactions, you need to pay an additional fee or acceleration fee.
What is Bitcoin Transaction Accelerator?
Bitcoin transaction accelerators are off-chain services that charge additional fees to speed up Bitcoin (BTC) transactions in the blockchain network so that you can get the required confirmations. These services are actually run by the miners themselves in order to get higher fees for mining the block.
In December 2017, the Bitcoin Blockchain network was processing more than 4,50,000 transactions per day which caused serious congestion in the network. Bitcoin accelerators can facilitate the transaction process and save investors time and effort.
How it works?
Bitcoin Transaction Acceleration is a service that aims to speed up the confirmation time of Bitcoin transactions. When the Bitcoin network is congested or experiences high demand, transactions may take longer to confirm, resulting in delays in transferring funds.
Here’s how a Bitcoin Transaction Accelerator usually works:
- Submission: Users submit their transaction details, including the transaction ID (TXID), to the Transaction Acceleration Service. TXID is a unique identifier for the transaction.
- Prioritization: The transaction accelerator prioritizes a submitted transaction by including it in the next block to be mined. Miners prioritize transactions with the highest fees, so some transaction accelerators may require you to pay a fee for the acceleration service.
- Broadcast: The transaction accelerator broadcasts the priority transaction to the Bitcoin network, which increases the chances of it being included in the next block and confirmed faster.
It is important to note that not all transaction accelerators are free, and the effectiveness of the service may depend on various factors, including current network congestion and fees offered for acceleration. In addition, some accelerators may have limitations on the size or type of transactions they can process.
When using a Bitcoin Transaction Accelerator, it is recommended that you do thorough research and choose a reliable and reputable service. Look for user reviews and comments to evaluate the accelerator’s effectiveness and reliability. It should also be noted that transaction accelerators may not guarantee instant confirmation, as confirmation time ultimately depends on general network conditions and miner preferences.
Finally, it is worth considering adjusting transaction fees when sending Bitcoin transactions, as higher fees can help increase the likelihood of confirmation faster, even without relying on a transaction accelerator.
The best bitcoin transaction accelerator
Let’s now take a look at some of the best Bitcoin transaction accelerators:
Via BTC
ViaBTC started its service back in 2017 challenging the 1MB limit of bitcoin blocks. The service is free but charges an additional amount for low transaction fees or urgent transactions. The free service is available at a rate of 100 accelerations per hour.
To use the Service users must provide their Transaction ID. To take advantage of the paid services, you have to pay a minimum fee of 0.0001BTC/KB. Also, there is no need for users to register for the services. They just need to submit their TXID in a specific format available on Bitcoin Blockchain explorers.
360 BTC accelerator
360 BTC Accelerator provides free acceleration services and there is always a chance to confirm your transactions even if you have paid very low fees. The service does not mine alone or not connected to miners but all your transactions will be confirmed by rebroadcasting unconfirmed transactions to the network itself. In the process, transactions are captured by other mining pools such as ViaBTC, and your transaction is confirmed. The service is very easy to use and no sign up is required.
BTC Nitro
BTC Nitro is a free Bitcoin accelerator that has partnered with several mining pools to speed up the confirmation of Bitcoin transactions even faster. If your transaction is scrambled or not confirmed due to low fees, BTC TX will add additional fees and clear the confirmation process by sending it to partner pools. It also offers a premium service whereby users can avail better output by paying some additional fees.
BitAccelerate
BitAccelerate is a free Bitcoin transaction accelerator that helps you easily clear your unconfirmed transactions within the network. BitAccelerate asks you to submit the Transaction ID or TXID and click the Accelerate button and your transaction will be rebroadcast with 10 Bitcoin nodes. For a faster result, you can resubmit your “stopped” transaction every 6 hours and BitAccelerate will keep broadcasting until it is confirmed. No subscription is required to use the service.
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