News for hackers. Stuff that matters.

A comment on Did Bitcoin just prove it can't scale?. Parent comment

Re:Did Bitcoin just prove it can't scale? by grubles on Saturday December 09, 2017 @01:42PM (#15887263)
Child pays for parent. Use it.

https://themerkle.com/what-is-child-pay-for-parent/

[ Parent | on HN ]
Re:Did Bitcoin just prove it can't scale? by owenversteeg on Saturday December 09, 2017 @03:55PM (#15888090)
TL;DR you perform a new transaction that depends on the prior, unconfirmed transaction. To do this you have to pay double fees for the new transaction to make it attractive to miners to confirm both.
[ Parent | on HN ]