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Topic: “child pays for parent” patch (Read 1594 times)

hero member
Activity: 619
Merit: 500
September 11, 2014, 10:22:41 AM
#10
What is this "child pays for payment" thing
More intuitively, it could be called "receiver pays for sender." If a transaction lacks a transaction fee where it'd be able to be processed in a timely manner, the receiver ("child") can pay the tx fee so it'll be processed faster (or at all).

Does it mean that it would lead to another Tx in reality ? I mean to say, if Tx A has 0 mining fee and Tx B is using the o/p of Tx A, then Tx B can pay the miner fee for Tx A & Tx B to get them accepted fast ?

Pretty much so.
The ideal situation is that the miners will not consider the transaction one by one, but the whole chain of unconfirmed transactions.
legendary
Activity: 2380
Merit: 1209
The revolution will be digital
September 11, 2014, 04:31:11 AM
#9
What is this "child pays for payment" thing
More intuitively, it could be called "receiver pays for sender." If a transaction lacks a transaction fee where it'd be able to be processed in a timely manner, the receiver ("child") can pay the tx fee so it'll be processed faster (or at all).

Does it mean that it would lead to another Tx in reality ? I mean to say, if Tx A has 0 mining fee and Tx B is using the o/p of Tx A, then Tx B can pay the miner fee for Tx A & Tx B to get them accepted fast ?
donator
Activity: 1218
Merit: 1015
September 10, 2014, 04:12:25 PM
#8
What is this "child pays for payment" thing
More intuitively, it could be called "receiver pays for sender." If a transaction lacks a transaction fee where it'd be able to be processed in a timely manner, the receiver ("child") can pay the tx fee so it'll be processed faster (or at all).
administrator
Activity: 3906
Merit: 3123
September 10, 2014, 04:08:15 PM
#7
note that some miners (eligius) implement a "child pays for parent" policy:
https://github.com/bitcoin/bitcoin/pull/1647

There's also some info on the Eligius website, that's all I could find.
sr. member
Activity: 369
Merit: 250
September 10, 2014, 03:31:47 PM
#6
Yep, a source explaining would be amazing.
legendary
Activity: 3472
Merit: 4794
September 10, 2014, 03:02:37 PM
#5
afaik eligius has implemented this, but i also would like to know which other pools do so.

Do you have a link to any information stating that this is true, or is it just something you think you heard someone say somewhere once?
hero member
Activity: 588
Merit: 500
Get ready for PrimeDice Sig Campaign!
September 10, 2014, 02:59:55 PM
#4
What is this "child pays for payment" thing
sr. member
Activity: 351
Merit: 250
September 10, 2014, 02:58:49 PM
#3
afaik eligius has implemented this, but i also would like to know which other pools do so.
legendary
Activity: 3472
Merit: 4794
April 22, 2013, 12:02:00 PM
#2
None that I'm aware of, but I sincerely hope that miners (and pools) will begin implementing this functionality soon.  It would be more profitable for them, and significantly improve the usability of Bitcoin.
newbie
Activity: 6
Merit: 0
April 22, 2013, 04:29:27 AM
#1
Who knows are there any pools or large miners running “child pays for parent” patch?
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