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Unfortunately in a child pays for parent scenario you need to pay double fees. Otherwise it's not worthwhile for the miner to confirm both transactions in order
by owenversteeg 9y ago
Unfortunately in a child pays for parent scenario you need to pay double fees. Otherwise it's not worthwhile for the miner to confirm both transactions in order to only get one fee. So they'd need to pay $44 in fees in order to free their $50.
- prepend 9y agoThe miner only needs to confirm the replacement transaction as the parent will get purged from the mempool. There’s still only one transaction recorded on the blockchain.