Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Using change addresses does not increase privacy, just fees
by
Don Pedro Dinero
on 23/09/2023, 02:45:51 UTC
⭐ Merited by albert0bsd (1)

Learn to read for once.  Roll Eyes I explained if you keep your funds in 1 address you won't have the issue of paying higher fees later. You aren't changing the address at all.
Huh
As I said even if you only have 1 address to receive funds you will still pay a higher fee if you have multiple unspent transactions from that 1 address.

You can only reduce the fees if you consolidate all unspent transactions into one unspent transaction.

You have to see how much the OP likes to make a fool of himself and to be obstinate about it. He has no idea how transactions work depending on inputs above all and he goes around giving lessons thinking he has discovered America.

It is easier to understand by making an analogy with banknotes. You have a bitcoin address, which is analogously like a wallet containing banknotes.

If you have a $100 note in your wallet and you pay $50, it doesn't matter whether you put the $50 change in the same wallet or in another wallet. You still have the same amount and only one input.

If, on the other hand, you have $100 in your wallet but in two $50 notes and you have to pay $30, in this case you will take only one $50 note to pay and the change for $20 is also the same whether you put it in the same wallet or in another one, because when you want to spend the $70 you have left you will have two inputs.

But I don't think he's even going to understand that and he's going to continue to make a fool of himself.