Child-Pays-For-Parent: Bitcoin Transactions Now Confirmed in Seconds
The torment of waiting hours for a Bitcoin transactions to confirm is officially over, thanks to a little-known trick called ‘child-pays-for-parent’ (CPFP). Transactions in Seconds from Most Wallets. A Reddit post by user super3 Friday states that if a transaction is sitting idle due to a low (or ‘standard’) fee, a CPFP transaction may be created to speed it up – drastically. An unnamed developer reportedly confirmed the validity of the trick, which can be used with a variety of popular wallets. “I learned from one of the developers that works with me that you can use child-pays-for-parent....
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