Poolin Transaction Accelerator
As Bitcoin continues to gain adoptation, the network gets cluddered and transactions may take longer than expected. This could be for various reasons, such as, too many bulk transactions causing a congested network or if you were to add to low of a fee, this also may also cause a delay in your transaction.
Pushtx provides an accelerated confirmation rate allowing you to receive confirmations on unconfirmed transactions, and not only for Bitcoin. Pushtx can increase the probability of confirming transaction within 1 hour to 80%.
Alejandro De La Torre, VP of Poolin told Hashpowah;
“Accelerating your stuck transactions is paramount for some situations, this tool can help you get that tx out quick.”
How does it work?
As a technical term, fee bumping is how Pushtx works. Poolin has dedicated time to collaborate with other leading mining pools to make this possible for users. Those holding multiple coins such as Litecoin, Zcash, Dash, Doge as well as Lightning payments have access to this tool too. All of this is available as of January 2020, so you are able to start sending your crypto coins care free.
For those seeking technicality behind fee bumping;