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Showing posts with the label How to correctly implement the FEE increase using bitcoind?

How to correctly implement the FEE increase using bitcoind?

How to correctly implement the FEE increase using bitcoind? I have read that once a Bitcoin transaction is created, it never automatically expires . In theory, a transaction could be created, get stuck at 0 confirmations for some years, and then all of a sudden confirm. The proper way of increasing the fee would be to send another transaction that uses exactly the same coins as the first transaction. How can I program the correct way via bitcoind? Which commands should I use? http://ift.tt/2B1lHeD