Web2 and Web3 are two different generations of the World Wide Web. While Web2 is a centralized platform, Web3 is decentralized and powered by blockchain technology. The success of Web3 has been enormous, with many people now moving from Web2 to take advantage of its benefits. However, the path to Web3 is not always straightforward. It is complicated and requires a deep understanding of both technologies. Today's guide will ensure you have the right information to successfully move from Web2…
Transaction Stuck
The Number of Unconfirmed Transactions on Bitcoin Network Surges
The Bitcoin mempool are broadcasted Bitcoin network transactions that have not been added to a block. Awaiting transactions in mempool are usually chosen for addition into the freshly mined block according to their transaction fee. However, when the transaction fee is low, it may take longer time for the confirmation of such transaction. In recent weeks, there was a considerable spike in the backlog of unconfirmed transactions on Bitcoin network thereby making the Bitcoin mempool reach its biggest size in…
3 years ago 
559 views
Bitcoin Transaction Stuck? Here’s Why and What You Can Do
As Bitcoin gains increased mainstream adoption currently being used as a means of payment, the number of transactions on the Bitcoin network has increased significantly over the past few years. Unfortunately, with increased transactions, not all of them are verified and added straight away in the blockchain. For several reasons, Bitcoin transactions sometimes fail to confirm or become "stuck." One reason transactions get stuck is miners "prefer" transactions with transaction fees and include them in their blocks almost immediately. Transactions with…
3 years ago 1.7 k views