What is Nostr?
ODELL
npub1qny…95gx
2023-02-18 00:08:49
in reply to nevent1q…ltr7

ODELL on Nostr: from a cost perspective you want fewer larger size utxos onchain transaction fees are ...

from a cost perspective you want fewer larger size utxos

onchain transaction fees are calculated based on size in bytes not the amount of sats sent, so the more utxos required on the input side the higher the fee paid

therefore you want to reduce the number of utxos you have while being mindful that any utxos you consolidate will be naturally linked to each other
Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx