7 Mar 2024 [community]

[ANN] PSA: Manually increase your transaction fee if you want a quick confirmation

Right now there is a 20 block backlog of transactions in Monero’s mempool/txpool. When you submit a transaction it will take about 40 minutes for it to be confirmed on the blockchain by a miner. [..] If you set the fee to “Normal (x1 fee)” instead of “Automatic” (which chooses the “Slow (x0.2 fee)” option now), your transaction should confirm in as little as two minutes.

Link: https://safereddit.com/r/Monero/comments/1b946w3/

Author: Rucknium

Contact: u/Rucknium (Reddit)


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