Bitcoin Replace By Fee & Child Pays For Parent Tutorial using Sparrow Wallet

In this tutorial, I show how to do a replace by fee (RBF) and child pays for parent (CPFP) transaction on Sparrow Wallet.
Beware the Evil RFBer!
Sparrow Wallet:
sparrowwallet....
Mempool Site:
mempool.space/
Sponsors:
BTC Times - btctimes.com
The Bitcoin Company - app.thebitcoin...
Blockware Solutions - blockwaresolut...
Theya - www.theya.us/
Thanks for watching! ✌️🍎

[@logann001]

Thanks for the education

[@tlalocbtc]

Excellent video. I didn't know someone could change the address when rbf'ing, and it's always wonderful to learn something new.
Some notes:
1) Not all wallets can do rbf, and you must mark the transaction as "rbf'able" before sending.
2) You can do cpfp being the receiver or the sender. The sender would use the change address as the child input. Normally you shouldn't do that, because cpfp is more expensive than rbf. But, if your wallet doesn't support rbf, or if you forgot to mark rbf in your first transaction, it's the only option to bump the fee.
Thanks for another great video!

[@georgedickens261]

Great Vid, appreciate you doing these BTC info clips with just straight raw data, & not spending 1/3 of the clip promoting a sponsor like many others do. thank you! Just learned something i had not seen before from this clip!😉

[@pictureroom]

Brilliant. Thank you very much for making this video.

[@Shhhhpud]

Glad you covered the controversial side of RBF since idiots like Roger keep saying how it destroyed Bitcoin. Transactions should never be considered final until at least one conf at an absolute minimum 👍🏼

[@sjay4673]

Amazing content as always! Keep up the great educational material, WSB! 👍

[@MetalMaster310]

Nice

[@davec.6293]

Meanwhile shitcoins like Dash are 30 cents in 2 seconds max.

[@wickedsmartbitcoin]

Learn the difference between a global monetary settlements network with a fixed supply and a massive amount of (POW) security and a payments network with flimsy rules and even flimsier security (POS). Two very different systems, going after different markets. The thing about these payments networks with lower assurances is you're not necessarily incentivized to HODL their tokens...which is why they tend to trend down in terms of bitcoin over time.