FLASH BTC TECHNIQUE WITH DESKTOP AND

MOBILE 2024

⚠ Attention: Before we begin, be cautious: there’s no real tool to send unlimited

bitcoins or flash coins. Many scams claim otherwise. I’ll explain the real process in
this blog. Practically step by step on Mobile Phone (in next blog) as well as on
Desktop.

It’s 2024, and since past few years people are reporting cases where they receive
Bitcoin (BTC), but then, after a little while, it just disappears. Imagine having money
one moment and then it’s gone the next. That’s what’s happening to some crypto
users.

There’s a dark side to this innovation: scams. Scammers are finding clever ways to
trick people and take their hard-earned BTC.

Basic Theory Concept

Basically it’s RBF, or Replace-By-Fee, is a feature that allows users to increase the fee of a
Bitcoin transaction after it has been broadcasted, aiming to speed up confirmation. People misuse
RBF by deliberately sending a transaction with a low fee and then constantly increasing it using
RBF until the transaction is confirmed. This can tie up funds or cause confusion, potentially
enabling dishonest practices.

Introduction

The point is that you can send BTC from Electrum wallet and cancel the payment.

How does it work?

You send a transaction with 1 sat/vB fee, then you cancel the payment inside the wallet, making
the transaction fee higher, for example 5 sat/vB, and the past transaction simply disappears from
mempool because the new fee (5sat/vB) overcame the old one (1sat/vB).

Advance Practical (PC/Desktop)

Here I will tell you how you can send BTC and after a certain time cancel the payment and get
your money back.

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You will need following things:

✅ Electrum wallet

✅ Computer

✅ BTC coins

Electrum wallet installation

We need to download the old version of electrum, as in the new versions there is no function to
cancel transactions.

Version for electrum you need to download 4.3 from the link:

https://download.electrum.org/4.3.0/

For Windows, look for the file “electrum-4.3.0-setup.exe”, this is the installer.

For macos, look for the file “electrum-4.3.0.dmg”.

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Part 1. Creating a wallet

In order to cancel transactions you need to download Electrum wallet (download). Download,
install and see this:

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Click next.
Click next. Choose the standard wallet.

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Choose a standard wallet

Click next. Create seed phrases

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Create seed-phrase.
Click next. Enter the previously received seed-phrases into the field.

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Enter the previously received seed-phrases into the field.

Click next. Create a password for the wallet

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Create a password for the wallet.

Done. Wallet is created.

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Wallet is created.
Part 2. Setting up and replenishing the wallet
Go to Tools -> Preferences

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Tools -> Preferences

Change “Currency” in the “Appearance” tab from mBTC to BTC.

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“Appearance” tab
Done. Now let’s proceed to replenishing the wallet.
Open the “View” tab and select “Show Addresses”.

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The “View” tab

Select “Show Addresses”.

Go to the “Addresses” tab that appears.

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The “Addresses” tab

Right-click on the address, go to “Copy Column” and copy the “Address” column.

Copy the address of your BTC wallet

Deposit the copied address of your bitcoin wallet.

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Part 3. Sending payment

After you have funded your wallet, we start working with sending and canceling
payments. Go to “Send”. Fill in the data.

Go to “Sending” and fill in the data.

Then click “Pay” and set the minimum commission (slider to the left). Enter the
password and press “Send”.

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The window after pressing the “Pay” button

After pressing the “Send” button we get the following window. Payment has been
successfully sent.

The payment has been successfully sent.

Part 4. Canceling a payment

After sending the payment, go to the “History” tab and see the first payment
“Uncofirmed”.

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“Unconfirmed” payment
Right click on “Unconfirmed” and see the following:

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Right click on “Unconfirmed”

Click Cancel (double spend). In the window that opens, put a new commission
rate above 1 (15–20 sat/byte) and click “OK”.

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Window after clicking on the “Cancel (double spend)” button

Press “Sign” button.

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The window after clicking on “OK” button

Enter your password and click “OK”.

Entering your password

After entering your password you are returned to the main window and you need
to press the “Broadcast” button.

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Click the “Broadcast” button

After the window “Payment sent” appears, the money will be returned to your
Electrum wallet balance.

Payment sent
REMEMBER:
If you send a payment with 1sat/vB commission, it will wait for confirmation
(depends on mempool’a, I will tell you about it below). After the first
confirmation you cannot cancel the transaction in Electrum.

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Flash Bitcoin from iPhone/Android.

In this blog I will tell you how you can flash BTC. The idea is that from Electrum
and BlueWallet you can send BTC and reverse the payment.

How does it work?

You send a transaction with a commission of 1 or 2 sat/vB, then you cancel the
payment, making the commission on the transaction twice as much and the past
transaction simply disappears from the mempool’s because the new commission
overcame the old one.
You will need following things:

✅ BlueWallet
✅ Phone
✅ BTC coins
Part 1: Creating a wallet
You need to download BlueWallet wallet. Available on Android & iPhone.

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Create a new Bitcoin wallet and replenish it.

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Part:2 Sending the transaction

After you have funded the wallet we start working with sending and canceling
payments. Click on the wallet, then click “Send”.

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Next, change the fee MUST set the minimum target fee of 1 or 2 sat/byte.
Click on the Fee

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Click on “Custom”

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Specify the minimum fee and send the payment.

The receiver will immediately see that the money has been credited to his
balance.

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Part 3: Cancel the payment

We have on average from 60 to 200+ minutes until the first confirmation.
After you have sent the payment, you will see your transaction in the list of
transactions, click on it.

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Click on “cancel transaction”.

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Choose “Fast” or write 20 sat in “Custom”

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The money will be immediately returned to your BlueWallet wallet balance, and
will disappear from the recipient’s wallet.
REMEMBER:
“Exodus”, “Blockhain”, “Atomic” the balance is displayed immediately after you
send a payment from BlueWallet or Electrum.

BONUS: Finally, Let’s learn about mempool for tracking

workload for number of unconfirmed transactions.

Site for tracking workload: https://mempool.space/. When opening the site we

see the following:

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Get interested in priorities and number of unconfirmed transactions. You can

start working under the following conditions:
1) Unconfirmed transactions should be more than 5000
2) High Priority is more than 10 sat/vB.
Under the conditions described above, the transaction confirmation time will be
from 60 to 200+ minutes. This is more than enough for safe work and safety of
hacker’s / scammer’s dept, because every transaction, with rare exceptions, we
cancel after 10–30 min.

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