Ethereum: Sending bitcoin unconfirmed, now wallet balance is unconfirmed

Ethereum Transaction Issue: Unconfirmed Send and Balance Update

As a user of Multibit HD, a popular Bitcoin and Ethereum wallet solution, we have noticed a recent issue affecting some users. The problem is centered around sending Bitcoins from an unconfirmed transaction.

In this article, we’ll walk you through the steps to troubleshoot and resolve the issue on your Multibit HD wallet.

Symptoms:

• You attempted to send 0.5 Bitcoin but encountered an unconfirmed transaction for an hour.

• After attempting to repair your wallet, your balance was updated incorrectly, showing an incorrect unconfirmed balance.

Causes of the Issue:

Before we dive into potential solutions, let’s explore possible reasons behind this issue:

• Wallet software issues:

  It is possible that there are bugs in Multibit HD’s software that cause wallet instability or transaction issues.

• Network congestion: Large transactions can be slow to process due to network congestion. If the network is experiencing high activity, it may take longer for a transaction to complete, resulting in an unconfirmed status.

• Wallet configuration: Ensure that your wallet settings are configured correctly and that all necessary settings are enabled.

Troubleshooting Steps:

To resolve this issue, try the following steps:

• Check transaction history: Review your recent transaction history on Multibit HD to see if there are any transactions with unconfirmed status.

• Verify wallet software version: Ensure you’re running the latest version of Multibit HD. Updates may address known issues and improve performance.

• Adjust wallet settings: Try adjusting your wallet settings to optimize performance:

* Check if the “Confirmations” setting is set to “auto.” If not, try setting it to “1.”

* Ensure that the “Send limit per transaction” option is disabled or set to a lower value, as high limits can cause unconfirmed transactions.

• Increase disk space:

  If your wallet’s storage is full, consider increasing the available disk space by deleting unnecessary files or moving them to an external drive.

• Run a hard reset (for advanced users): In extreme cases, you may need to perform a hard reset of your wallet. This involves disabling and re-enabling all wallet functions for a specified period.

What’s Next:

If none of these troubleshooting steps resolve the issue, it’s likely that there is an underlying problem with Multibit HD or Ethereum network congestion. In this case:

• Reach out to our support team for further assistance.

• Consider upgrading to the latest version of Multibit HD (0.4.x) or using a different wallet solution.

Conclusion:

Ethereum transactions are a complex process, and sometimes issues can arise even with the best software and settings. By following these troubleshooting steps and checking your wallet’s history, you should be able to resolve this issue and continue using your Multibit HD wallet efficiently.