๐Accelerator
The transaction accelerator uses CPFP (Child Pays for Parent) to increase the Effective Fee Rate of a transaction, thus facilitating faster confirmation.
Common Usage
You can go to mempool by searching your address to get the transaction ID you would like to accelerate. Then navigate to the OpenStamp Accelerator and enter the TXID into the 'TXID to Accelerate' field. This will display the current effective fee rate.
By clicking on 'view', you can see the current network fee rate. You then have the option to customize the target effective fee rate yourself, or simply use the default value provided.
Click 'Submit' button to send the acceleration transaction.
To guarantee the effectiveness of the acceleration process, we exclusively select confirmed BTC transactions for sending the acceleration transaction.
In most cases, a transaction can only be accelerated once. If a fee rate spike occurs after the transaction is sent, you will need to provide the TXID of the previous acceleration transaction for a second acceleration.
Accelerate Matching Status Order by Seller
The seller has the option to expedite the trading process when the order is in a matching status(please refer to the order status explanation), and the related transaction is not confirmed yet(click the Matching status to check). In the order history, you will find a 'speed up' icon. For more details, please see the screenshot provided below.
By clicking on this icon, the seller will be directed to the Accelerator page. There, the seller can enter the desired target effective fee rate to initiate the acceleration transaction.
The seller is limited to using the acceleration feature only once from the order history. Should the network fee rate experience another spike after the initial acceleration transaction is dispatched, the seller must locate the acceleration TXID from mempool.space. Following this, they should proceed according to the standard usage guidelines of the Accelerator.
Accelerate Sending Status Order by Buyer or Seller
The buyer/seller has the option to expedite the trading process when the order is in a sending status (please refer to the order status explanation) and the related transaction is not confirmed yet(click the Sending status to check). In the order history, you will find a 'speed up' icon. For more details, please see the screenshot provided below.
By clicking on this icon, the buyer/seller will be directed to the Accelerator page. There, the buyer/seller can enter the desired target effective fee rate to initiate the acceleration transaction.
The buyer/seller is limited to using the acceleration feature only once from the order history. Should the network fee rate experience another spike after the initial acceleration transaction is dispatched, the buyer/seller must locate the acceleration TXID from mempool.space. Following this, they should proceed according to the standard usage guidelines of the Accelerator.
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