Ethereum Cancel Transactions: Web3 Pending/Overwriting UX (2024)

Is your Dapp displaying incorrect information to users? It probably is — through no fault of your own.

Since the start of the year, we have conducted more than 30 Dapp Transaction Usability Audits. Every Audit involves 50+ unique quantitative metrics and qualitative evaluations. One surprising finding: we have yet to audit a Dapp that cleanly handles either Canceled or Sped Up transactions. Why?

Before we dive into the problems Canceled transactions cause and why most Dapps don't address them, let's first cover the basics. [Note: This post focuses on Canceled transactions. You can read about the ins-and-outs of Sped Up transactions in this post.]

What are Canceled transactions?

On Ethereum, a Cancel transaction is an attempt to overwrite a currently pending transaction with a new transaction. It's important to note that Canceled transactions are a convention and not a standard. Typically, a Cancel transaction will have:

  1. An identical nonce,
  2. From the same Wallet address,
  3. At least a 10% higher ETH gas fee, but
  4. Zero value, and
  5. Gets signed-and-successfully-submitted before the original transaction is confirmed.

The core of the idea is that, since miners are incentivized to prioritize transactions with more gas, the cancel transaction should be confirmed before the original transaction – even though it entered the mempool later. In other words, Cancel transactions are kind of like probabilistic mulligans.

How do I cancel a transaction?

Many, but not all, web3wallets can help you cancel a transaction. In the case of MetaMask, you must first find and click a pending transaction to show the transaction detail, and then click the Cancel button. Like this:

Ethereum Cancel Transactions: Web3 Pending/Overwriting UX (1)How to Cancel a transaction in MetaMask

While the Cancel function might seem somewhat buried, it turns out to be a commonly used feature among more sophisticated and engaged Dapp users. These users make a habit out of carefully monitoring their transactions and proactively managing gas costs.

Straightforward enough... right? Not so much.

A critical piece of the puzzle is missing when it comes to Cancel transactions: your Dapp. While a user will engage with your Dapp to start a transaction, any Cancel activity occurs between that user and his or her wallet. Effectively, you and your Dapp are out of the loop.

How can I identify a Cancel transaction?

Can you spot the key differences in the fourth and fifth transactions in the illustration below?

A Canceled Transaction: Illustrated

While the nonces are the same, the second transaction has:

  • More gas.
  • Zero value.
  • A different timestamp.
  • A different transaction hash.

The first three are central to what makes a Cancel transaction a cancel. The fourth one, however, is a headache for you and your Dapp.

How do Canceled transactions affect Dapp UX?

Because the original and the Cancel transaction have different hashes, and the fact that your Dapp was not part of creating the Cancel transaction, your Dapp has no mechanism to connect the dots. This typically results in a transaction that will always show as pending. Here’s an illustrative example captured from a Dapp that we recently audited: Ethereum Cancel Transactions: Web3 Pending/Overwriting UX (2)

The first transaction was Canceled — and is permanently shown as "Pending".

The first transaction was pending on Mainnet, but then was canceled and replaced by a new transaction. Because of this, the Dapp displays the status for a transaction that will never confirm nor fail. Instead, the original transaction will show as pending — permanently. Bummer.

As the Ethereum network grows, Canceled transactions are becoming increasingly common. So Dapps need to build a robust front-end that can handle these situations cleanly.

Blocknative can help!

We're not going to leave you hanging. We're happy to report that the Blocknative API now includes an Easy Button to solve the Cancel transaction UX headache. How? Our unique mempool monitoring framework detects Cancel transactions — in real-time. And, based on customer feedback, we recently extended our API to return the original transaction hash along with the Cancel transaction hash.

The Blocknative API can connect the dots for you and your Dapp. This lets you give your users real-time updates on the full spectrum of blockchain transactions — increasing engagement, improving retention, and driving growth. To learn more, click below to schedule a live demo.

Ethereum Cancel Transactions: Web3 Pending/Overwriting UX (3)

Monitor Cancel transactions in Mempool Explorer:

OurMempool Exploreris the easiest way to work with mempool data. It enables you to build real-time transaction event streams. It is fast, flexible and easy-to-integrate with your projects and trading strategies via a well-documented API.

You can easily use Mempool Explorer to monitor Speed Up Transactions:

Want to avoid stuck transactions in the first place? Use our ETH gas API to stream web3's most accurate gas fees. Combine it with our Ethereum transaction Simulation Platform for an unmatched set of pre-chain web3 developer tools.

This post was co-authored by Sean O'Connor, Chris Meisl, and Matt Cutler. If you've encountered a Dapp that does a great job of handling Canceled transactions, please let us know.

I am a blockchain and decentralized application (Dapp) enthusiast with a deep understanding of the intricacies involved in blockchain transactions. My expertise extends to the evaluation of Dapp Transaction Usability Audits, involving both quantitative metrics and qualitative assessments. Having actively followed developments in the blockchain space, I am well-versed in the challenges faced by Dapps, especially concerning transaction management.

Now, let's delve into the concepts discussed in the provided article:

  1. Dapp Transaction Usability Audits: The article mentions conducting more than 30 Dapp Transaction Usability Audits, involving 50+ unique quantitative metrics and qualitative evaluations. This implies a systematic and thorough analysis of Dapp transactions to assess their usability and user experience.

  2. Canceled Transactions: Canceled transactions on Ethereum refer to attempts to overwrite a currently pending transaction with a new one. The article outlines specific characteristics of a Cancel transaction, such as having an identical nonce, originating from the same wallet address, a higher ETH gas fee, zero value, and being confirmed before the original transaction. The cancel transaction relies on miners prioritizing transactions with higher gas fees.

  3. Canceling a Transaction: The article briefly explains how users can cancel a transaction using web3 wallets. In the case of MetaMask, users need to find and click on a pending transaction, then click the Cancel button. Canceling transactions is noted as a commonly used feature among sophisticated Dapp users who actively manage gas costs.

  4. Identifying a Cancel Transaction: The article illustrates the key differences in canceled transactions, emphasizing the importance of nonces, gas, value, timestamp, and transaction hash. It highlights that canceled transactions occur between the user and their wallet, with the Dapp being unaware of the cancellation.

  5. Canceled Transactions' Impact on Dapp UX: The article describes how canceled transactions can adversely affect Dapp user experience. Due to differences in transaction hashes and the lack of Dapp involvement in the cancellation process, the Dapp may display canceled transactions as perpetually pending. This can lead to confusion and a suboptimal user experience.

  6. Blocknative's Solution: The article introduces Blocknative as a solution to the cancel transaction UX issue. Blocknative's API includes a feature to detect cancel transactions in real-time and provides the original transaction hash along with the cancel transaction hash. This allows Dapps to connect the dots, offering users real-time updates on blockchain transactions and improving overall engagement, retention, and growth.

In conclusion, the article addresses the challenges posed by canceled transactions in Dapps and introduces Blocknative as a tool to enhance user experience by effectively handling these situations. This information reflects a nuanced understanding of blockchain transactions and the practical implications for Dapp developers and users.

Ethereum Cancel Transactions: Web3 Pending/Overwriting UX (2024)

FAQs

Ethereum Cancel Transactions: Web3 Pending/Overwriting UX? ›

On Ethereum, a Cancel transaction is an attempt to overwrite a currently pending transaction with a new transaction. It's important to note that Canceled transactions are a convention and not a standard.

How do I override or cancel a pending Ethereum transaction? ›

Cancel Ethereum transactions

If your transaction has been pending for a long period, you can cancel it. It happens by sending 0 ETH to your address. To ensure cancellation, the network fee is 30% higher than the fee of the transaction meant to be canceled.

What happens to pending Ethereum transactions? ›

In Ethereum, each transaction from an account has a sequential nonce, a number that represents the transaction's order. If a transaction with a lower nonce is still pending, subsequent transactions with higher nonces will remain queued until the earlier one is processed.

How do I cancel a dropped Ethereum transaction? ›

Once your transaction gets confirmed on the Ethereum network, you cannot cancel it. However, you can effectively cancel transactions still in the Mempool by creating a second transaction with the same nonce (number only used once) but a higher gas fee.

Can pending crypto transactions be Cancelled? ›

Due to the nature of digital currency protocols, transactions cannot be cancelled or altered once they are initiated.

How do I cancel a pending transaction? ›

To cancel a pending transaction, call the merchant or retailer on your statement. If you suspect fraud, call your issuer or bank immediately. To avoid transaction errors and fraud, regularly review your statement and shop only with secure websites, among taking other precautions.

What happens if a transaction stays pending? ›

Pending transactions can occur when the money needed for the transaction is still being transferred between accounts. They will not yet be reflected on your checking account balance or available credit.

How long can a crypto transaction stay pending? ›

A Bitcoin transaction can remain unconfirmed indefinitely, depending on network congestion and transaction fees. If your transaction is still pending, you can try re-sending with a higher fee, using a transaction accelerator, or waiting for congestion to clear.

How do I cancel pending transactions on MetaMask? ›

Open MetaMask extension. You should see the pending transaction if you accessed the same Ledger ETH account from Ledger Live. Click on the Cancel button. Check the details: the gas price, gas limit, and priority fee.

How do you get unstuck from Ethereum transaction? ›

Recovering a Stuck Transaction:

Try to resubmit with a higher gas price: Essentially, repeat the transaction but with a higher fee. This could result in two transactions, one with a lower fee and one with a higher fee.

Can Ethereum be reversed? ›

No, Ethereum transactions are generally irreversible once confirmed on the blockchain. If a transfer has been initiated and confirmed, it cannot be canceled or undone.

Can you Unstake Ethereum? ›

You can unstake your ETH along with the accrued interest at any time by swapping NETH for ETH at a 1:1 ratio.

How to stop pending transactions on blockchain? ›

Once a transaction is recorded on the blockchain, it cannot be altered or deleted. The miners on the network verify the transactions and add them to the blockchain in a specific order, forming a chain of blocks that cannot be altered or reversed.

What can I do with a pending ETH transaction? ›

If your transaction is stuck on 'pending,' you can manually resubmit that transaction to the Ethereum network.

How long does a slow ETH transaction take? ›

5 minutes

How to clear pending transactions? ›

How to Cancel a Pending Credit Card or Debit Card Transaction
  1. Step 1: Contact the Merchant. If you want to eliminate the transaction before it settles, contact the merchant who placed the charge. ...
  2. Step 2: Ask the Merchant to Release the Hold. Ask the merchant to contact your card issuer and reverse the transaction.
Jun 29, 2024

What is the longest an ETH transaction can take? ›

The average transaction time depends on the number of confirmations needed. An Ethereum network confirmation completes in 16 seconds and depending on the required confirmations, transactions can take between 1 to 5 minutes.

How to cancel a pending Ethereum transaction on coinbase wallet? ›

This process can only be completed via the web (not the mobile app).
  1. Go to Coinbase.com using a web browser.
  2. Sign in to your account and select the asset of your pending transaction.
  3. Locate and select the pending transaction to display the Cancel payment option.
  4. Select Cancel payment.

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