🗞 Coinbase rolls out system to free up stuck bitcoin payments
Coinbase has rolled out a protocol, called “Child Pays for Parent (CPFP),” to expedite the confirmation time of stalled bitcoin ($BTC) transactions. CPFP works by following up a stalled bitcoin transaction (with a fee too low for the current market to want to process immediately) with a "child" transaction – a later transaction linked to the original "parent" transaction, and in this case, set to offer a higher fee.
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