Cryptocurrency Q&A
What is CPFp in Bitcoin?
What is CPFp in Bitcoin?
Riccardo
Thu Dec 26 2024
|
7 answers
1684
I'm trying to understand a specific term related to Bitcoin, and that is CPFp. I want to know what it means in the context of Bitcoin and how it functions within the cryptocurrency ecosystem.
Previous
When did blockchain grow from 50gb to 100gb?
Next
How to track down someone who scammed you for free?
7 answers
KimchiQueenCharmingKissWarmth
Sat Dec 28 2024
Bitcoin features a mechanism known as Child Pays For Parent (CPFP).
Was this helpful?
281
23
CryptoTitaness
Sat Dec 28 2024
CPFP allows a child transaction to compensate for a parent transaction.
Was this helpful?
266
77
DigitalTreasureHunter
Sat Dec 28 2024
The purpose of CPFP is to ensure both transactions are confirmed promptly.
Was this helpful?
236
37
GinsengBoostPowerBoostVitality
Sat Dec 28 2024
Imagine a scenario where a parent lacks sufficient funds for expenses.
Was this helpful?
248
41
Stefano
Fri Dec 27 2024
In such a case, the child steps in to cover the shortfall.
Was this helpful?
124
78
Load 5 more related questions
