Post
Topic
Board Bitcoin Technical Support
Re: More questions about transaction input and output
by
Charles-Tim
on 17/07/2020, 13:36:31 UTC
Consolidate small inputs
If you have many small inputs, now is the perfect time to consolidate them into one new input! If you're not in a hurry to get a confirmation, you can set a very low fee and just wait. Once it's confirmed, your funds can be send in a much smaller transaction, which means you'll safe a lot on fees if you want to make a transaction when fees are high again. If you have enough small inputs, you can safe up to 95% or more on fees!


@ranochigo, I am still learning and getting to know more about bitcoin. I was just confused about what LoyceV posted, and I want to know more about it. I will be so thankful is anyone can recommend me a book I can read to fully understand this.