Bitcoin Forum
June 26, 2024, 07:15:31 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: Do you have backdoor in Gigabyte machine centred on crypto? on: June 20, 2023, 02:37:16 PM
Thanks for the warning. Unhappily I  have found that my desktop purchased one year ago has had that backdoor. Following GIGABYTE recommendations I have updated BIOS. Clean Windows install from accompanied backup disk was my further step taken  after BIOS update.
2  Bitcoin / Bitcoin Technical Support / Re: [Feb 2023] Mempool empty! Use this opportunity to Consolidate your small inputs! on: February 25, 2023, 12:32:49 PM
-snip-
Because of the reason written in the OP.
More inputs produce higher transaction size which makes the fee higher, so small inputs that can't be used alone in your typical transactions are recommended to be consolidated.
So if most of your coins have good amount, there's no need for consolidation.

Privacy issue is also covered in the OP.


Aside from everything which mentioned on first page, i can avoid bad scenario about paying very high fee when mempool is congested and i have tens or hundreds UTXO.



You donīt need more inputs if you have plenty of UTXOs with the variety of different values that allows to choose single one (or at least couple of them) to cover your current need. This is the key OPīs point.
3  Bitcoin / Bitcoin Technical Support / Re: [Feb 2023] Mempool empty! Use this opportunity to Consolidate your small inputs! on: February 25, 2023, 10:56:25 AM
Why should I bother with UTXOs consolidation? Isn't it better to spend them separately when it is needed and the real necessity occurs? In my view  the separate and dedicated  UTXOs utilization for spending leads to improved privacy and saves your time. I can still understand the benefits of consolidation for tangible  fiat bills that may occupy place in you pocket but this is not the case applicable   to BTC.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!