How to Consolidate UTXO Guide & Best Practices
UTXO consolidation is the process of producing a single UTXO from a set of multiple UTXOs by creating a transaction to send Bitcoin from one address that you manage.
UTXO consolidation is the process of producing a single UTXO from a set of multiple UTXOs by creating a transaction to send Bitcoin from one address that you manage.
UTXOs, aka Unspent Transaction Outputs, are used to verify how much Bitcoin is locked to each address because your coins are stored on the blockchain, not in your wallet. .
The goal of Bitcoin dust attack is to expose your identity and holdings. An attacker will send a small amount of crypto to different wallet addresses hoping the wallet.