Raffaele
Mon Jul 08 2024
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5 answers
811
Can I cancel a bitcoin transaction if I'm unable to use RBF?
As a cryptocurrency enthusiast, I'm curious about the intricacies of Bitcoin transactions. I've heard about the concept of Replace-by-Fee (RBF), which allows for the modification or cancellation of a transaction by increasing the transaction fee. However, in the event that I'm unable to utilize RBF, I'm wondering if there's still a way for me to cancel a Bitcoin transaction that I've initiated? I understand that Bitcoin transactions are designed to be irreversible, but are there any workarounds or strategies that I can employ to potentially reverse or cancel a transaction in such a scenario?
