Bitcoin Glossary

CPFP (Child-Pays-For-Parent)

Also known as: child pays for parent, child-pays-for-parent

A technique to speed up a stuck unconfirmed transaction by creating a new "child" transaction that spends the stuck output and includes a high enough fee to incentivize miners to confirm both transactions together.

Lessons mentioning "CPFP (Child-Pays-For-Parent)"

Transaction Hygiene and Fees Transaction Fees Mempool and Fee Markets Fees and Transaction Priority