teachin_bitcoin on Nostr: ...

Dad: Son, I have many small transactions in my wallet. How can I reorganize these for more efficiency?
Son: Hi Dad,
I agree that having an optimized UTXO set is a good idea, but you shouldn't link the transaction history by sending all your funds to a new address.
You could mix your coins using a mixing service, or just combine the UTXOs from the same source.
Dad: How should I know which UTXO can be mixed?
Son: Privacy starts with proper coin control.
From now on, label each UTXO with the payment reason and the sender's name. This helps for further processing.


#Bitcoin