Replying to Avatar NotBiebs and 69 others

Let’s say you send 100 1k sat payments to your cold storage which would create 100 utxos. And later you want to send a 50k sat payment. The network fee may be really expensive cause you’d need to consolidate 50+ utxos in order to make the payment.

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The Daniel 🖖 1y ago

It’s because transaction fees are based on data size (block space), not value.

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