reply on: Question About UTXOs Consolidation \ stacker news ~bitcoin

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0 sats \ 10 replies \ @ch0k1 28 Nov \ parent \ on: Question About UTXOs Consolidation bitcoin_beginners

Bitcoin and generally cryptocurrency Blockchains are public ledgers so recorded and available for others to watch are fundamental features in everyone of them.

What I meant by reusing addresses is a bad practice for privacy was basically described here

140 sats \ 9 replies \ @0xbitcoiner OP 28 Nov

So that means you were wrong when you said it:

No, you won't if it's a new address. #786171

0 sats \ 8 replies \ @ch0k1 28 Nov

No, I was right about it in the sense as explained in the resource I shared not your misunderstanding about the native public property of Blockchain...

33 sats \ 3 replies \ @ek 28 Nov

I think you just didn’t get @0xbitcoiner‘s point: in the case of consolidation, all inputs are linked together, no matter if he sends them to a new address or not.

I would still use a new address since this slightly increases privacy: with a new address, it is not guaranteed that the output belongs to the same owner of the first address.

0 sats \ 2 replies \ @0xbitcoiner OP 28 Nov

Now I get it. Thanks!

22 sats \ 1 reply \ @ek 28 Nov

No worries. Too many parrots out there with a lack of understanding nuances.

0 sats \ 0 replies \ @ch0k1 29 Nov

Lol 🤣 take it easy professor...

0 sats \ 3 replies \ @0xbitcoiner OP 28 Nov

I must not be understanding something. What's the difference in terms of privacy in sending all utxo's to a new address or to address 1?