Ethereum: how to cancel unconfirmed transaction in blockchain.info

07 Feb Ethereum: how to cancel unconfirmed transaction in blockchain.info

CANCELING THE NOT CONFIRMED TRANSACTION ETHERUM IN BLOCKCHAIN.INFO

I can see why you would be frustrated with the lack of useful answers. Cancel an unconfirmed transaction in your Ethereum wallet is indeed a process that requires some technical experience, but I’m here to guide it.

What is an unconfirmed transaction?

Before we dive into the solution, let’s quickly understand what happens when a transaction is not confirmed:

• When you send funds from one Ethereum address to another using a mixer or relay service, the transaction is transmitted and confirmed by the network (although in this case it has probably never been confirmed).

• By default, the transaction remains in the blockchain for a long time, which can lead to problems if someone tries to use funds before they are confirmed.

• To cancel an unconfirmed transaction, you need to ensure that funds are still available and accessible.

How to cancel an unconfirmed Ethereum transaction on blockchain.info

Using the address of the Ethereum wallet (for example, [your wallet address), follow these steps:

• Locate the transaction

  : In blockchain.info, navigate to the “transactions” tab and find the unconfirmed transaction related to your Bitcoin funds (BTC).

• Check the status : Check that the transaction is really unconfirmed by checking your status in the “status” column.

• Find the sender’s address : Identify the address of the Ethereum of the mixer or relay service that received your BTC.

• Send a “Cancel” request: In the “Details” section, click on the “Actions” suspended menu and select “Cancel Transaction”. This will start a new transaction to cancel the original.

However, this process is not infallible as the transaction can still be confirmed by the network or other knots in blockchain. To minimize the risks:

* Wait a little

: If you are concerned about confirming the transaction, wait a little longer (for example, 30 minutes) before canceling it.

* Check the blockchain.info regularly: periodically check your transactions to ensure that they have been canceled as expected.

IMPORTANT NOTE

Although this method allows you to cancel an unconfirmed Ethereum transaction on blockchain.info, there are potential risks involved:

• Mixer or relay service may still be using the back and you may lose access to them if they are not notified.

• If another part is waiting for the funds, they can try to claim them before cancellation.

To mitigate these risks, consider using a safer approach, such as using a hardware wallet or respectable relay service that can ensure the immutability of the transaction.