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What is Bitcoin? (for kids)Child Pays for Parent (CPFP) is a mechanism used in the Bitcoin network to prioritize an unconfirmed transaction by attaching a higher fee. Child Pays For Parent (CPFP) is a fee bumping technique where a user spends an output from a low-feerate unconfirmed transaction in a child transaction with. Bitcoin wallet is built as a Hierarchical Deterministic (HD) framework, which is a method for generating and managing different addresses.
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