What Does "Unconfirmed Transaction" Mean?
When you send or receive cryptocurrency, like Bitcoin, the transaction goes through a process called "confirmation" on the blockchain. An "unconfirmed" transaction hasn't yet been validated by the network of miners.
Why Are Confirmations Important?
Confirmations ensure a transaction is secure and permanent. Most services require at least three confirmations to finalize a transaction.
Factors Affecting Confirmation Time
Network Traffic: High traffic can slow down confirmations.
Transaction Fees: Higher fees prioritize transactions with miners. Lower fees may result in longer wait times.
Why Skye Wallet Isn’t at Fault
Once a transaction is broadcast to the blockchain, Skye Wallet has no control over the confirmation process. Delays are normal and depend on the network's traffic and your transaction fee.
What to Do If Your Transaction Is Unconfirmed
Wait Patiently: It can take time, especially with high network traffic.
Check Status: Use a blockchain explorer to see the number of confirmations.
Increase Fees: If supported, use "Replace-By-Fee" to speed up the transaction.
Final Note
Your transaction will be confirmed and credited to the recipient's wallet. If you need further assistance, please contact us.