- RBF - commonly used in Ethereum and other EVM-based networks, allows a sender to replace a pending transaction with a new one that has a higher gas fee, increasing the likelihood of it being processed promptly.
- Drop EVM transaction - uses RBF to replace the original transaction with a new transaction of 0 value, and a destination identical to the source, effectively canceling the transfer.
- CPFP - primarily used in Bitcoin, involves creating a new transaction (the child) that pays a higher fee, incentivizing miners to also confirm the original stuck transaction (the parent) due to the combined higher fee.
RBF and CPFP in Fireblocks
Fireblocks customers can boost or drop their stuck transactions using the following methods:- Clicking the “Boost” icon on the Transaction card in the Fireblocks Web Console. For more information on the process and the availability of the boosting operation, refer to this guide.
- Using the Fireblocks API for the following scenarios: