Questions tagged [consolidation]
The consolidation tag has no usage guidance.
18 questions
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I messed up? Am I saddled with a $2000 tx fee?
I have 5 hosted ASIC miners mining bitcoin. For about 2 years, these miners have generated about .001 bitcoin a day and everyday I have that amount sent to my ledger hardware wallet. So there are ...
- 19
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Unspent Output Consolidation UX. Any wallets that have built-in consolidation feature?
Consolidation is important however sometimes nerve racking because you are sending your entire amount, if you accidentally send to the wrong address somehow this can be detrimental to anyone's Bitcoin ...
- 673
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How can I cheaply consolidate P2PKH outputs?
I have thousands of UTXOs that were created for experimental purposes back in 2016, programmatically, using P2PKH transactions, each generating hundreds of 10K-ish sat outputs.
Since these are now ...
- 153
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How would I go about consolidating my UTXOs from DCA? [duplicate]
In the past one and half year, I've amassed a collection of 18 Unspent Transaction Outputs (UTXOs) through dollar cost averaging every month. Now, I hope to optimize these UTXOs by merging them into ...
- 215
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How can I measure cost savings from consolidation transactions?
One of the techniques to save fees is doing consolidations. According to https://en.bitcoin.it/wiki/Techniques_to_reduce_transaction_fees: "if your usual target feerate during normal-priced fee ...
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How should Bitcoin exchanges complete their UTXO consolidations and what factors should they consider?
How should Bitcoin exchanges complete their UTXO consolidations and what factors should they consider i.e. regularity, fixed or variable intervals, consolidate into how many UTXOs etc?
- 15.8k
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How much blockspace would it take to spend the complete UTXO set?
I was curious how much blockspace has already been spoken for in the future. Paraphrased:
Assuming all block space were used to consolidate the UTXO set in the most efficient manner (and all key ...
- 77.8k
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There are a lot of 100 input transactions in some blocks, what's the reason?
In block 736302, we can see a lot of 100 input transactions. And this can be seen also in 736567, 736299 and so on. Is this only a coincidence?
- 97
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How do exchanges like binance or kucoin store user assets?
My questions about storing user assets:
An exchange creates unique deposit addresses for each users. Are these addresses all derived from a HD wallet and exchange controls all the keys and indexes?
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Confused about input and output spending limitations and consolidation
I am sure the answer to this is trivial to someone who already knows the answer, but not to me.
I recently wanted to spend some received bitcoin for the first time and discovered that the associated ...
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Confused about UTXO management and consolidation
I have a few questions regarding utxo management and consolidation. I know that the more UTXO's you have, the heavier your transaction will be, the more fees you'll have to pay.
The things I don't ...
- 127
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Is it cryptographically possible to have aggregate signature schemes that can improve privacy in UTXO consolidation?
My understanding of Schnorr signatures, Taproot and Graftroot and how they improve privacy in smart contracts / multi-sig is by allowing users to aggregate signatures so the individual signatures and ...
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Do UTXO's ever get consolidated to avoid complexitity?
In 'Mastering Bitcoin' (pg 130) it is explained that a transaction will require higher fees if it is complex. For example, if I collect bitcoin from 100 people to buy a single tent, then when those ...
- 171
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How to cheaply melt many micro UTXOs?
I know this was probably brought up before but I cannot find any good resources on some potential, at least theoretical way of achieving this.
So basically I have a lot of UTXOs whose value is ...
- 87
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Why is the witness data fee discounted by a factor of four?
I've read that it encourages users to consolidate UTXO sets. How would it be doing that?
- 77.8k
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Can a wallet allow you to receive Bitcoins from the same wallet you send them from?
Can a wallet allow you to receive Bitcoins from the same wallet you send them from, and if so, why would there be some reason why this shouldn't be done.
- 165
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How do I consolidate all my BTC into a single address?
I'd like to archive all my coins in a single address (specifically the address for a "brain wallet").
What is the most effective way to combine all the outstanding balances into a given address?
- 12.8k
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How can I combine all the tiny amounts I've received to minimise transaction fees, and do I need to?
Important parts in bold, for those who don't want to read the detail!
I've received lots of tiny transactions, in amounts sometimes as low as 0.000003BTC.
Even though I've also received (relatively) ...
- 11k