Questions tagged [transaction]

The term "transaction" is used in IoTA to refer to the signed data package that stores a message to be sent from an externally owned account.

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3
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2answers
227 views

Is it possible to make transactions smaller?

As one transaction is quite big (I read something around ~4kb), are there any ways to lower that size or is it not possible due to the architecture?
15
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3answers
426 views

Is it possible to cancel a transaction?

I made a transaction from Android wallet to Exchange A of 10Gi. The transaction is in pending. I tried a few times to reattach, but the transaction is still in pending. I made a second transaction ...
10
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1answer
343 views

Does every node in the network have to know about all transactions issued by other nodes eventually?

With every node I mean the nodes issuing and validating transactions, so certainly full nodes, with light nodes I'm not sure. I understand that the tangle can be pruned and snapshots can be created ...
4
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1answer
309 views

What are IOTA flash channels and how can users set them up?

I have heard that flash channels are a way to make instant transactions off tangle. How does that happen and what is the process for setting up flash channels?
5
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2answers
550 views

Transactions per second

Why are transactions at the Tangle Explorer at approximately 1-2 transactions per second? Is that the current transaction rate IOTA is achieving? That seems very low. When should we see the ...
4
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3answers
214 views

How to reattach a transaction with no access to sending seed?

A sends a transaction to B. Now, A goes offline and after hours the transaction hasn't been confirmed, so B wants to reattach it to ensure confirmation. How should that be performed, in a user-...
9
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1answer
594 views

How to know a transaction is “confirmed”?

I'm building a little IOTA test project with TypeScript + Node.js. I want to start an action when IOTAs are received on an certain address. I've tried the findTransactionObjects function, but I don'...
8
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1answer
220 views

What is an input transaction, and what does its “address” field represent?

In the IOTA guide's The Anatomy of a Transaction the address field of the transaction is described as: address: String 81-trytes address. In case this is an output, then this is the address of the ...
9
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1answer
110 views

Does every pending transaction pose a threat for my remaining funds in the wallet?

A moderator on slack told me that every pending transaction poses a threat for my remaining funds in the wallet. Especially when a transaction stays pending for a long time or never confirms. As far ...
6
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1answer
273 views

Why are transactions so slow?

Right now each transaction takes about 30 minutes or longer. Previously it was said that the increasing number of transactions (even empty spam) are good for the network and are improve the ...
2
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1answer
241 views

How will PEAQ tokens interact with IOTA and the Tangle?

PEAQ is a new platform that will be developed on top of IOTA and the Tangle that will allow for tokenization, similar to the ERC-20 standard of Ethereum. With it's launch we will likely see several ...
9
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1answer
685 views

What is the Min Weight Magnitude and what implications arise from changing it?

The Min Weight Magnitude determines how 'hard' the POW puzzle is. How does this work? What are the implications when setting a lower or higher MWM, how does it impact the consense and are tx with ...
9
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1answer
93 views

What exactly happens on reattach?

IOTA client will redo the POW for 2 transactions. But what exactly is happening at the full node? How will it keep track of all the reattachments? What will happen if I reattach on multiple full ...
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1answer
64 views

How will IOTA avoid re-generating old addresses that have been pruned via Snapshots?

Some people are seeing issues where they have generated addresses post-snapshot that were pruned, which are identical to pre-snapshot addresses. This poses a risk because if you re-use these addresses ...
9
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1answer
349 views

When is a pending transaction technically confirmed?

I'd like to understand the steps that lead to an eventual confirmation of a transaction. I understand that there are several child transactions required and that the individual weights of each of ...
5
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2answers
175 views

Identify transactions issued by the coordinator

I am listening for new transactions on the ZMQ stream published by the iri. Is there a way to identify transactions that were created by the coordinator?
1
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1answer
43 views

What happens to duplicate transactions that say pending, when one has confirmed?

For example, I withdrew 5 MIOTA from Bitfinex to my light wallet seed. I see 6 duplicate transactions, 1 of which went through and is reflected in my total balance, but the other 5 saying pending. ...
8
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2answers
402 views

IOTA Light Wallet returns Request Error when sending funds

I am running IOTA Light Wallet 2.5.4 and am connected to my own full node that is in-sync with 4 healthy tangle connections. The minimum weight magnitude (MWM) is set to 14. When attempting to send ...
-8
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1answer
125 views

I sent 1 IOTA to Bitfinex, transaction is confirmed but money aren't store on my wallet on Bitfinex [closed]

It was like that : 1. I wanted to send IOTA to Bitxinex so i take adres from my wallet on Bitfinex (according to the instructions) adres is ...
2
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1answer
55 views

What are the criteria for a transaction to be confirmed in the light wallet?

I've been exploring the tangle, but I can't seem to find out why some transactions are confirmed while others are not.
3
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2answers
102 views

How long should it takes before I can consider an outgoing transaction that is still in pending as failed?

This is a different question born from the discussion in "How do I know if a pending transaction will be successful?" I'd like to know WHEN I have the green light to try to do a second transaction in ...
17
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2answers
330 views

How do I know if a pending transaction will be successful?

When I send or receive IOTA, I first see the transaction in my wallet as in pending. As the time pass, the transaction is still in pending. I have to wait half an hour minimum to do the reattach. And ...
7
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3answers
225 views

Doesn't reattaching transactions allow double-spend transactions?

I only have a very basic understanding of iota transactions, but after reading How does a reattached transaction impact the tangle? I have the following question: Doesn't reattaching transactions ...
6
votes
1answer
161 views

What does the “block number” in the iota wallet represent?

My iota wallet displays something that I would assume to be a block number in the lower left corner: 291911 But being aware of the Tangle structure, I know there are no blocks in iota. What does this ...
8
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2answers
271 views

Is there any zero-value iota test network?

I would like to play around with iota transactions without putting real value tokens at risk. Is there any zero-value iota test network?
5
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2answers
105 views

What's the deal with prefixes? Is Mi smallest amount that could be transferred?

I just received 1 Mi as test. And it seems to be smallest amount to transfer. So I guess that's the reason that IOTA is dubbed MIOTA. But when I check https://thetangle.org/statistics/tokens-...
4
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1answer
90 views

Transactions Pending - Balance 0

I have had my IOTA in at Bitfinex account for a while now, and decided to move it over to the app. After a while the transaction was at 0 and showing pending, but after browsing around I saw to ...
14
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1answer
1k views

What is the IOTA transaction data structure?

I'm vaguely familiar with Bitcoin's UTXO-based transaction structure and Ethereum's account-based/gas-including transaction structure. What does an IOTA transaction contain?
14
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5answers
3k views

What is the average transaction time in IOTA?

In other blockchains, such as Bitcoin or Ethereum, the transaction time is limited by the block time. Even then, there's no guarantee your transaction will be incorporated into the next block. (I'll ...
15
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1answer
154 views

Why do some of my transactions have Weight Magnitude 16, although I have set it to 14?

When looking at transactions in a tangle explorer website, some transactions like this (not mine) show up as Weight Magnitude 16. This also happens for my transactions where I am sure that I had set ...
6
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2answers
231 views

How does a reattached transaction impact the tangle?

Do reattached transactions get removed from their original position and can I reattach even if the transaction is referenced by other transactions? Assume the tangle looks like this: (green: ...
5
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1answer
486 views

How does a full-node validate transactions?

A full-node "validates" the incoming transactions and discards invalid ones. What algorithms, mechanisms are involved in determining a valid transaction. Appending a transaction by doing the POW also ...
16
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1answer
263 views

What kind of “invalid” transactions are transported by the network (and appear on tangle explorers?)

When looking at transactions on a tangle explorer, I often see "Unconfirmed" transactions that (when taking a closer look) can not get confirmed, but the tangle explorer does not show it to me. So I ...
12
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1answer
259 views

Is there a difference between branch and trunk transactions?

I understand that a transaction confirms two other transactions (branch + trunk). Is there a special semantic or rule for branch and trunk or are this just two words chosen to denote the two ...
8
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4answers
242 views

Why is my transaction not getting confirmed?

What can I do to speed-up the transaction’s confirmation? When should I reattach (replay) a transaction?
12
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3answers
314 views

How does reattaching a transaction increase the chance for confirmation?

It is common advice to reattach a pending transaction. But why do I have to do so from a technical perspective? In other words: why does the tip selection not pick up my transaction if it's pending ...

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