jimbocoin on Nostr: To speed it up, you can make a second transaction that spends the output that ...

To speed it up, you can make a second transaction that spends the output that you’re waiting on back into another cold storage address. The fee on this “child” transaction can only be claimed by a miner if they also mine the parent transaction.

This technique is called “child pays for parent” (CPFP). Just make sure the fee on the child is enough to make the pair of transactions competitive.

To make a CPFP transaction, your cold storage wallet software will have to support coin selection—which allows you to pick the specific UTXO that you want to use as an input.