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Why do cryptocurrency transactions sometimes show as 'erase pending'?

avatarM.Dinesh ReddyDec 28, 2021 · 3 years ago3 answers

Why do some cryptocurrency transactions display as 'erase pending' instead of being confirmed?

Why do cryptocurrency transactions sometimes show as 'erase pending'?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When a cryptocurrency transaction shows as 'erase pending', it means that the transaction is still in the process of being erased from the blockchain. This can happen for various reasons, such as a network congestion or a temporary issue with the blockchain network. It's important to note that 'erase pending' does not mean the transaction has been canceled or lost. It simply means that it is still in the process of being removed from the blockchain. Once the erasure process is complete, the transaction will no longer be visible.
  • avatarDec 28, 2021 · 3 years ago
    Sometimes, a cryptocurrency transaction may show as 'erase pending' due to a technical glitch or a delay in the network. This can be frustrating for users who are waiting for their transactions to be confirmed. However, it's important to remain patient and not panic. In most cases, the transaction will eventually be confirmed and the 'erase pending' status will be resolved. If you're concerned about the status of your transaction, you can check the blockchain explorer or contact the customer support of the exchange or wallet you used for the transaction.
  • avatarDec 28, 2021 · 3 years ago
    As an expert at BYDFi, I can tell you that 'erase pending' is a term commonly used in the cryptocurrency industry to describe the status of a transaction that is being erased from the blockchain. This can happen for various reasons, such as a double-spending attempt or a network issue. It's important to understand that 'erase pending' is not a permanent status and the transaction will eventually be removed from the blockchain. If you encounter this status, it's recommended to wait for some time and check the status again later.