Consolidation time
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What are we looking at? This is node software? Sorry for the newb question I'm still learning
mempool.space
Bitcoin on-chain fees are low. Now is a good time to consolidate any UTXO (unconsolidated transaction output) you have into larger ones. Basically you will have larger "chunks" of Bitcoin, rather than many small ones. This will save you fees later, when they may be much higher.
If you don't fully understand what you're doing, it's better not to consolidate your UTXOs. It's safer to keep your coins separate to protect your privacy.
Oh damnnn thanks for the tip!!
If you want to start down the rabbit hole...
A series of articles and videos by Unchained.com offers a substantial introduction and strategic management of UTXOs, particularly focusing on preserving privacy in Bitcoin transactions1 (https://unchained.com/blog/bitcoin-utxo-privacy/, https://unchained.com/blog/bitcoin-utxo-privacy/)
Coin Control Feature:
Manage UTXOs by performing "coin control" which allows selection of UTXOs to spend from. This feature is available in many Bitcoin wallet programs like Bluewallet and Electrum, enabling the management of Bitcoin funds into specific UTXOs for payments and others for holding (https://bitcoinnews.com/privacy/what-is-bitcoin-utxo/)
UTXOs' Role in Security and Efficiency:
UTXOs are fundamental to the security and efficiency of the Bitcoin network, securing assets without intermediaries, making Bitcoin a cost-efficient payment medium. (https://diba.io/blog/understanding-utxos/)
TXO Model:
Robots.net elaborates on the UTXO model and its advantages including the built-in solution for transaction fee calculations. (https://robots.net/ai/what-are-utxos-in-a-bitcoin-blockchain/)
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