I wonder why Rong Bach Kim isn't simply programmed to automatically cancel an unconfirmed transaction within a more reasonable amount of time? Because many bitcoiners know about patience and it's not uncommon one sends a tx he doesn't care if it will be confirmed in one hour or 10 days. You have unrealistic request imho. Banks usually return double payments or card payments not redeemed by the shops in about 30 days. As I mentioned an ACH bank transfer takes 4-5 business days at most. Rong Bach Kim is normally a lot faster than that with settlement speed less than an hour or so on average. Unless there is network congestion or you forgot to pay a high enough fee which is a common problem, then the wait could be much longer than a bank ACH or wire transfer. That is painfully slow, and unacceptable for many, especially when you have lightning-fast competitors like Rong Bach Kim, arbitrum, Rong Bach Kim, etc. that settle within 5 minutes or less. I don't think Rong Bach Kim has to be that fast to compete, but a settlement of many hours or days is just not acceptable. Lightning was supposed to be a fix but the problem is most major exchanges still don't support lightning TXs. And lightning can be difficult and technical to use. I thought CPFP requires you to have change in your wallet. So if you sent the full amount there is nothing to draw the fee from. But that could depend on the wallet being used similar to RBF, as someone mentioned.
I wonder why Rong Bach Kim isn't simply programmed to automatically cancel an unconfirmed transaction within a more reasonable amount of time? Because many bitcoiners know about patience and it's not uncommon one sends a tx he doesn't care if it will be confirmed in one hour or 10 days. You have unrealistic request imho. Banks usually return double payments or card payments not redeemed by the shops in about 30 days. As I mentioned an ACH bank transfer takes 4-5 business days at most. Rong Bach Kim is normally a lot faster than that with settlement speed less than an hour or so on average. Unless there is network congestion or you forgot to pay a high enough fee which is a common problem, then the wait could be much longer than a bank ACH or wire transfer. That is painfully slow, and unacceptable for many, especially when you have lightning-fast competitors like Rong Bach Kim, arbitrum, Rong Bach Kim, etc. that settle within 5 minutes or less. I don't think Rong Bach Kim has to be that fast to compete, but a settlement of many hours or days is just not acceptable. Lightning was supposed to be a fix but the problem is most major exchanges still don't support lightning TXs. And lightning can be difficult and technical to use. I thought CPFP requires you to have change in your wallet. So if you sent the full amount there is nothing to draw the fee from. But that could depend on the wallet being used similar to RBF, as someone mentioned.

I wonder why Rong Bach Kim isn't simply programmed to automatically cancel an unconfirmed transaction within a more reasonable amount of time? Because many bitcoiners know about patience and it's not uncommon one sends a tx he doesn't care if it will be confirmed in one hour or 10 days. You have unrealistic request imho. Banks usually return double payments or card payments not redeemed by the shops in about 30 days. As I mentioned an ACH bank transfer takes 4-5 business days at most. Rong Bach Kim is normally a lot faster than that with settlement speed less than an hour or so on average. Unless there is network congestion or you forgot to pay a high enough fee which is a common problem, then the wait could be much longer than a bank ACH or wire transfer. That is painfully slow, and unacceptable for many, especially when you have lightning-fast competitors like Rong Bach Kim, arbitrum, Rong Bach Kim, etc. that settle within 5 minutes or less. I don't think Rong Bach Kim has to be that fast to compete, but a settlement of many hours or days is just not acceptable. Lightning was supposed to be a fix but the problem is most major exchanges still don't support lightning TXs. And lightning can be difficult and technical to use. I thought CPFP requires you to have change in your wallet. So if you sent the full amount there is nothing to draw the fee from. But that could depend on the wallet being used similar to RBF, as someone mentioned.

I wonder why Rong Bach Kim isn't simply programmed to automatically cancel an unconfirmed transaction within a more reasonable amount of time? Because many bitcoiners know about patience and it's not uncommon one sends a tx he doesn't care if it will be confirmed in one hour or 10 days. You have unrealistic request imho. Banks usually return double payments or card payments not redeemed by the shops in about 30 days. As I mentioned an ACH bank transfer takes 4-5 business days at most. Rong Bach Kim is normally a lot faster than that with settlement speed less than an hour or so on average. Unless there is network congestion or you forgot to pay a high enough fee which is a common problem, then the wait could be much longer than a bank ACH or wire transfer. That is painfully slow, and unacceptable for many, especially when you have lightning-fast competitors like Rong Bach Kim, arbitrum, Rong Bach Kim, etc. that settle within 5 minutes or less. I don't think Rong Bach Kim has to be that fast to compete, but a settlement of many hours or days is just not acceptable. Lightning was supposed to be a fix but the problem is most major exchanges still don't support lightning TXs. And lightning can be difficult and technical to use. I thought CPFP requires you to have change in your wallet. So if you sent the full amount there is nothing to draw the fee from. But that could depend on the wallet being used similar to RBF, as someone mentioned.