JBINZALA on Nostr: Can I ask something regarding UTXO Management? Why would UTXO of 1,000 SATs for ...
Can I ask something regarding UTXO Management? Why would UTXO of 1,000 SATs for example not be spendable? Say right now you can move a UTXO for 700 Sats yeah 300 is only remaining as 700 is the fee. But in the future if the sats are worth more of value, wouldn’t it cost less to move the Sats than more? Taking into consideration the transaction volumes are not super high or at peak, so on a quiet day if it’s back to 1 sat per v/b it can be moved? I don’t see in the future that people will be willing to pay 100’s to move some Sats in the sense of fiat dollars if for example 1 sat became 1 dollar that’s $700 of Sats as a fee which is nuts. L2 will most likely be used for daily stuff and L1 for bigger transactions which I doubt the volume will reach its peak every second, there has to be certain times of the month for example where it’s quiet and back to 1 sat/vb
Or am I missing something? Still learning even though I’ve spent so much time learning lol - any advice would be beneficial. Thanks!
Published at
2025-01-05 23:30:02Event JSON
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"content": "Can I ask something regarding UTXO Management? Why would UTXO of 1,000 SATs for example not be spendable? Say right now you can move a UTXO for 700 Sats yeah 300 is only remaining as 700 is the fee. But in the future if the sats are worth more of value, wouldn’t it cost less to move the Sats than more? Taking into consideration the transaction volumes are not super high or at peak, so on a quiet day if it’s back to 1 sat per v/b it can be moved? I don’t see in the future that people will be willing to pay 100’s to move some Sats in the sense of fiat dollars if for example 1 sat became 1 dollar that’s $700 of Sats as a fee which is nuts. L2 will most likely be used for daily stuff and L1 for bigger transactions which I doubt the volume will reach its peak every second, there has to be certain times of the month for example where it’s quiet and back to 1 sat/vb\n\nOr am I missing something? Still learning even though I’ve spent so much time learning lol - any advice would be beneficial. Thanks!",
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