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 … Read the rest