Sparrow 🦅
Discussion
Was planning on Sparrow. all of this is very new to me, utxo managment is like collecting coin clippings until it needs to be melted then paying miner, to create recognized coins that can buy freedom. It's always cheaper to wait till the miners are in such demand.
I guess I could just create transactions and float them in the mempool till the fee drops. Is that kinda how forced closesures get stuck in the pool with high fees?
Yes, you could. No harm in having some low fee consolidations waiting.
It’s not the end of the world, and it’s good that you’re learning this lesson now. You can always spend a few UTXOs at a time, you don’t have to use every input in every transaction.
Consolidating is more like “fee market arbitrage”. Combine UTXOs when fees are low, so you can more efficiently spend or open channels in high fee environments.
I love sparrow, but sparrow is a more advanced tool which allows you much more flexibility. You can consolidate using any wallet and you can see the inputs and singular output on any timechain browser like mempool.space