Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Bitcoin user accidentally sent $60,000 in fees—Don’t make the same mistake

5h ago
bullish:

0

bearish:

0

Share

RBF lets you resend unconfirmed transactions with higher fees, but it requires a clear understanding of fee units, wallet behavior and transaction structure.

A misunderstanding of fee units led to an accidental overpayment worth more than $60,000 during a replace-by-fee transaction.

The user confused sat/vB (fee per byte) with total satoshis, leading to an extreme overpayment.

RBF replaces a transaction with a higher-fee version, while CPFP adds a new transaction to boost the original; each has different use cases and risks.

Read more

5h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.