Unconfirmed

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Unconfirmed

What is Unconfirmed

A blockchain transaction that hasn’t been permanently added to the blockchain, such as buying, selling, or transferring a cryptocurrency, is referred to as an unconfirmed transaction. A transaction’s status of “unconfirmed” indicates that the network of miners or validators hasn’t thoroughly inspected it to make sure there aren’t any outstanding transactions involving the same coin.

Miners and validators may choose to disregard a transaction if the sender of a cryptocurrency removes, lowers, or doesn’t increase transaction fees on a busy network. A transaction is not added to a block once it has been unconfirmed for a considerable amount of time, and the network may choose to just drop it altogether.

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