What is Nostr?
MyOldKyHodl /
npub1cmj…xr27
2023-10-03 12:28:15
in reply to nevent1q…6g9d

MyOldKyHodl on Nostr: Yes, best practice is to consolidate relatively large amounts of BTC into one ...

Yes, best practice is to consolidate relatively large amounts of BTC into one transaction/UTXO in a cold wallet. A cold wallet being a dedicated device or computer that is not necessarily always online and is used less often than a lightning wallet for on-chain transactions. Unlike a lightning wallet which are always online and are considered hot wallets with lower security and more risk of loss of funds.
Author Public Key
npub1cmjzpafhqms79nvqr7rzc4c07wf0e533vl2naqaaamftqjtfcvasjgxr27