So, my Jade got stuck like this while trying to consolidate UTXOs. What should I do?
#asknostr 
Discussion
I hit refresh, and it went away, but there's no sign of a sent transaction. What gives?
Just a guess, but it probably ran out of memory while building the tx. In that case there's no problem with switching it off and on again, maybe try consolidating fewer utxo next time.
Thanks. I figured it was maybe too much. Nothing happened anyway. Just always a little nerve wracking.
Anyone mind explaining consolidating UTXOs? Is it wallet specific?
Well, In Jade, you can select specific UTXOs and send them to yourself in a single transaction to consolidate them, improving fee efficiency and simplifying wallet management, especially if you have many small UTXOs. However, doing this often with fresh UTXOs can reduce privacy.
Thanks very much! Is a UTXO a transaction. if lots of small amounts were purchased, the network fee to consolidate or send is higher?
A UTXO (Unspent Transaction Output) is a specific chunk of Bitcoin you can spend. When you receive Bitcoin, it creates a new UTXO in your wallet. When you spend, that UTXO becomes the input for the transaction, and any leftover change creates new UTXOs. Each UTXO is like a one-time-use coin in your wallet. The more UTXOs (inputs) you use, the higher the transaction cost will be.
Gotcha! Thanks a lot, very clear 😁