Hey guyz I sent a bitcoin transaction through my blockchain account exactly 9 and a half hours ago. Its still pending and zero confirmations. Whats going on? I thought it will be transferred in few minutes.
As quoted through some cryptocurrency media the phenomenon of delayed delivery of bitcoin transactions so that require hours of confirmation caused because there is a large amount of spam transactions that flooded Blockchain with a large size but small transaction value, it causes normal transactions hampered because waiting spam confirmation sent continuously.
The peak of the confirmation queue when about 50,000 transactions wait for confirmation to mine inside the block, this queue causes the normal transaction to be delayed for more than 24 hours.