Published On May 11, 2023
In the latest installment from our own Tom Honzik, he explains two common problems that can arise from accumulating too many UTXOs in your bitcoin wallet: signing failures and high transaction fees. We also cover some strategies you can use to resolve these issues and prevent them from occurring in the future.
0:25 UTXO review
1:20 More UTXOs, more problems
1:47 Signing failures due to hardware wallet limitations
2:43 High fees
4:03 Strategies to prevent high UTXO counts
4:19 Controlling deposit frequency
5:01 Performing a strategic UTXO consolidation
More resources:
What is a UTXO? Video: • What is a bitcoin UTXO?
What is a bitcoin UTXO? https://unchained.com/blog/what-is-a-...
More UTXOs, more problems: https://unchained.com/blog/too-many-b...