ReImagined Bitcoin Q&A - Should You Consolidate UTXOs?
Channel: aantonop
Date: 2021-10-20

Learn in this educational video from Andreas M. Antonopoulos when and how to consolidate Bitcoin UTXOs, also known as Unspent Transaction Outputs. There are plusses and minuses to different consolidation approaches with Bitcoin, so if you're wondering if and when to consolidate, this video explains consolidation of Bitcoin change in your wallet.


Chapters
0:00 Is it advisable to consolidate small amounts of bitcoin received over time to different addresses within the same wallet into a single address?
1:07 Consolidating when fees are low can equal lower transaction fees later
2:03 Consolidating UTXOs from multiple addresses can damage your privacy

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