Cryptocurrency Q&A
What is Bitcoin paid for by child?
What is Bitcoin paid for by child?
SeoulSoul
Sat Dec 07 2024
|
6 answers
1499
I'm wondering about the use cases where Bitcoin is being paid for by children. What kind of transactions or activities are they engaging in that involve the use of Bitcoin as payment?
6 answers
InfinityVoyager
Mon Dec 09 2024
It offers an alternative to the Replace-by-fee (RBF) technique for enhancing transaction speeds.
Was this helpful?
289
63
CryptoVisionaryGuard
Mon Dec 09 2024
The primary purpose of CPFP is to expedite pending Bitcoin (BTC) transactions.
Was this helpful?
258
52
KimonoElegant
Mon Dec 09 2024
This technique allows a user to attach a higher fee to a child transaction.
Was this helpful?
285
90
SumoPower
Mon Dec 09 2024
The higher fee incentivizes miners to prioritize and include both the parent and child transactions in a block.
Was this helpful?
152
73
Federico
Mon Dec 09 2024
A Child-Pays-For-Parent (CPFP) Transaction is a method employed in the Bitcoin network.
Was this helpful?
233
98
Load 5 more related questions
