phenixfalconer on Nostr: Ok im assuming you are using your shakepay visa card? If so, send me your shaker tag. ...
Ok im assuming you are using your shakepay visa card?
If so, send me your shaker tag.
The utxo issue is simply that you want minimize the number of small utxos. Imagine you send $10 worth of btc to your wallet every day. Say you want to spend these in the future. Lets say $1000 worth assuming price is unchanged.. Youd spend using 100 individual utxos. The data used and subsequent fees will be high and could be so high that you utxos are not even spendable! I like to have a range of utxo size, most around 0.01btc. This is less worrisome if miner fees remain low....
If so, send me your shaker tag.
The utxo issue is simply that you want minimize the number of small utxos. Imagine you send $10 worth of btc to your wallet every day. Say you want to spend these in the future. Lets say $1000 worth assuming price is unchanged.. Youd spend using 100 individual utxos. The data used and subsequent fees will be high and could be so high that you utxos are not even spendable! I like to have a range of utxo size, most around 0.01btc. This is less worrisome if miner fees remain low....