As long as you use the 3 levels stashing, where in the middle level (cache) you are doing all the UTXO management, is OK.
But never send UTXO straight to your cold wallets.
Also keep in mind this chart for UTXO consolidations
Question to the UTXO OGs:
Does consolidating UTXOs you received directly from an (KYC)exchange to a new adress help to improve privacy?
I am not talking about coinjoining. Just consolidating some UTXOs to new adresses. I asume this would help when trying to deny that you have access to the mentioned UTXOs, because they don’t sit in adresses they know you control. You could say you accidentally moved them to wrong adresses or traded them for something. Or is this too shortsighted?
nostr:npub1v9qy0ry6uyh36z65pe790qrxfye84ydsgzc877armmwr2l9tpkjsdx9q3h nostr:npub1lxktpvp5cnq3wl5ctu2x88e30mc0ahh8v47qvzc5dmneqqjrzlkqpm5xlc
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Discussion
thanks mate 🙏 already read your guide(s)! I struggle a little bit with understanding the cache wallet principle. Wouldn't it serve the same purpose to use a specific set of adresses within the same wallet as cache adresses and distribute the coins from here to new adresses in that same wallet? Since adresses can not be known to which wallet they belong, there would be no indication that it is the same wallet? 🤔
The "cache wallet" in fact are many wallets, with many addresses. Some of them could be disposable wallets, using them only once or few times.
Some of them are decoy wallets (could be custodial non-KYC) where you use them only to deviate the "attention" from your other cache wallets.
When I say use the 3 levels, it doesn't mean to use only 3 wallets. It means to use many wallets and apps. Each one with its own use case.
thanks for clarifiyng. still one question remains unanswered to me: can i use fresh adresses within the same wallet equally as fresh adresses in another wallet or could they be linked if they are within the same wallet?