Hello guys,
I'm trying to create a business that works similar to an Exchange and I need to setup a hot wallet because I'm starting to spend too much with mining fees due to the number of inputs in a transaction.
What I have:
a node wallet that has many addresses and when users want to deposit Bitcoin, they are given a specific address
sometimes I need to send Bitcoin and since I'm sending this from the same wallet, there are many inputs in the transaction and the mining fee is getting really big
I'm using Bitcore 0.19 as my node.
What is the best approach here? I think I need a Hot wallet and start sending Bitcoin from this wallet, but how can I set up it?
1. Can I run the hot wallet in the same node?
2. How could I send Bitcoin from the deposit wallet to the hot wallet without paying too much fee because of the high number of inputs?
Thanks a lot,