What are the possible reasons for pending transactions on Etherscan?
sina fNov 24, 2021 · 3 years ago3 answers
Why are some transactions on Etherscan shown as pending? What are the possible reasons for this?
3 answers
- Nov 24, 2021 · 3 years agoWhen a transaction is marked as pending on Etherscan, it means that the transaction has been broadcasted to the Ethereum network but has not yet been included in a block. There are several reasons why a transaction may be pending: 1. Network Congestion: During times of high network activity, such as during a popular ICO or a major network upgrade, the Ethereum network can become congested. This congestion can cause delays in transaction confirmation and result in pending transactions. 2. Low Gas Price: Gas is the unit used to measure the computational effort required to execute transactions and smart contracts on the Ethereum network. If a transaction has a low gas price, miners may prioritize other transactions with higher gas prices, leading to a delay in confirmation and a pending status. 3. Nonce Issues: Each transaction on the Ethereum network has a unique nonce, which ensures that transactions are processed in the correct order. If there are nonce issues, such as a missing or duplicate nonce, it can cause a transaction to be stuck in a pending state. 4. Smart Contract Interactions: If a transaction involves interacting with a smart contract, it may require additional time for the contract to execute its functions and update its state. This can result in a pending status until the contract completes its execution. It's important to note that pending transactions are temporary and will either be confirmed or fail after a certain period of time. If your transaction remains pending for an extended period, you may need to take additional steps, such as increasing the gas price or canceling and resubmitting the transaction.
- Nov 24, 2021 · 3 years agoThere are a few possible reasons why transactions on Etherscan may show as pending. One reason could be network congestion. When the Ethereum network is experiencing high traffic, transactions may take longer to be confirmed and can remain in a pending state. Another reason could be a low gas price. Gas is the fee paid to miners to process transactions, and if the gas price is set too low, miners may prioritize other transactions with higher gas prices. Additionally, if a transaction involves interacting with a smart contract, it may take longer to be processed and can result in a pending status. It's important to be patient and wait for the transaction to be confirmed, but if it remains pending for an extended period, you may need to take further action.
- Nov 24, 2021 · 3 years agoAs a representative of BYDFi, I can provide some insights into the possible reasons for pending transactions on Etherscan. One reason could be network congestion. When there is a high volume of transactions being processed on the Ethereum network, it can lead to delays in confirmation and result in pending transactions. Another reason could be a low gas price. Gas is the unit used to measure the computational effort required to execute transactions, and if the gas price is set too low, miners may prioritize other transactions with higher gas prices. Additionally, if a transaction involves interacting with a smart contract, it may require additional time for the contract to execute its functions and update its state, resulting in a pending status. It's important to understand that pending transactions are temporary and will either be confirmed or fail after a certain period of time. If your transaction remains pending for an extended period, you may need to consider adjusting the gas price or canceling and resubmitting the transaction.
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