Hi guys,
I’m trying to wrap my head around UTXO and whilst I understand the basic concept of it and how larger transactions are favoured to reduce UTXO costs I was wondering how Tangems single receiving address affects UTXO charges. I understand the privacy concern of the single address however I’m trying to understand if it also has a financial implication. Am I right in saying the benefit of different receiving addresses is its keeping UTXOs segregated from one another. For example if I used an address for deposits of 75,000 sats each and a different address for deposits of 1m sats each I will incur less costs when selling from my 1m sats address? Or have I got this completely wrong and different receiving addresses are for privacy only?
Posted by FunProposal1989