depends on transaction type. may be able to
RBF - replace by fee
CPFP - child pays for parent
I have a transaction, made through nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 that, is stuck in low fee purgatory. Has been pending for days now and the ETA just gets higher.
What do now?
#asknostr
depends on transaction type. may be able to
RBF - replace by fee
CPFP - child pays for parent
Thank you. How is this accomplished?
if the tx was made from zeus sending funds to another wallet: a CPFP can be initiated in the receiving wallet to spend the unconfirmed inbound utxo, setting a fee higher such that the average fee of the original/parent transaction from zeus and that of the child transaction is amenable to being included in a block.
a rough math approach.... youll need to determine fee rate by adding the two tx sizes in vbytes, multiplying by current target fee, then with that product substract fees paid by the parent leaving the difference needing paid by the child. Take that difference and divide by vbyte size of child to get fee rate to set on child.
e.g. parent tx size 200 vbytes, at 3 sat/vbyte. current fee rate target is 10 sat/vbyte and child tx size to move it may be 160 vbytes
200*3 = paid 600 already
200+160 = 360 total size
360*10 = 3600 target total fees to pay
3600-600 = 3000 fees need paid by child
3000/160 = 18.75 fee rate for child
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if the fee was made from zeus to open a channel with a node thats a different issue as that would need to involve the other node for the multisignsture wallet
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