How do i accelerate a transaction from the memepool website. I logged in and clicked accelerate choose my option and wait is that how it works
Discussion
Don’t do this, use a wallet which supports this option natively! Mempool charges you a extremely high fee for building the transaction for you
Jade hardware i dont think supports rbf
you can throw that private key into an electrum installation and do it there.
Not a good idea because this will corrupt your key. Just connect the hardware wallet with electrum
Connect your jade with specter, electrum or something else and do it with that. Your key will be safe. You just use a different program to interact with your hardware wallet
I don't know about the mempool site but that's how I'd do it with Electrum when replacing fee.
There are two ways to speed up a #Bitcoin transaction:
1. For the sender: Replace By Fee (RBF). Broadcast a new transaction that replaces the previous one by paying a higher fee.
2. For the recipient: Child Pays For Parent (CPFP). Broadcast a transaction that spends the output of the unconfirmed (parent) transaction and pays a high fee. Miners that want this “child” transaction’s fee must include the parent for it to be valid.
Neither of these options require using a website. You do it from your supporting wallet software.