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
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