nostr:npub1vgldyxx7syc30qm9v7padnnfpdfp4zwymsyl9ztzuklaf7j5jfyspk36wu said he won’t move his sats to cold storage till he consolidates a UTXO size of 2.5 million
What in the world does this mean?
#asknostr
nostr:npub1vgldyxx7syc30qm9v7padnnfpdfp4zwymsyl9ztzuklaf7j5jfyspk36wu said he won’t move his sats to cold storage till he consolidates a UTXO size of 2.5 million
What in the world does this mean?
#asknostr
When you move your sats on chain you want a minimum size of 1M or more probably. A bunch of small utxo's costs more fees if you ever need to move them. Right now fees are low, but that might not last for ever. People consolidate during low fees, for cheaper transactions should the fees go up.