Post
Topic
Board Web Wallets
Re: Unspent outputs, higher fee
by
kolloh
on 01/02/2017, 00:45:38 UTC
Thanks, I can do it in more than one transaction with higher fee? Or just one?

This consolidation works only when I send btc to the same wallet, no to another, right?

Everything you said means, that if blockchain wallet add higher fee, it must consolidate unspent transactions?

Thanks Smiley

It would really work if you sent it to any address. Consolidation is simply combining the many small inputs into a larger input. The fee is higher due to the large number of inputs and once you consolidate, you won't run into that issue. You might have to use more than one transaction to consolidate due to the large number of inputs that you have. You may have to do it in smaller chunks in this case or my sending a smaller amount so less inputs are used.