Does consolidating mean, sending all the utxo in on transaction back to yourself… asking for a fren 👀
Discussion
Yes. At least that’s one way to go about it.
Is there another?
Well, personally I don’t keep everything in a single UTXO for privacy reasons.
Some people set a threshold for UTXO size and consolidate up to that point. You could decide to only have UTXOs greater than 5M sats for instance. The main point of consolidation is to prevent creating unspendable change, but it’s not always best for privacy to just combine all your UTXOs.
You rock