pull down to refresh
102 sats \ 4 replies \ @aljaz 28 Nov \ parent \ on: Question About UTXOs Consolidation bitcoin_beginners
lets invert this - why are you insisting on reusing an address when you can generate a new one for free?
there is absolutely 0 upside to doing it your way, there is some upside to doing it the "right" way. at least you get a clean new utxo and potential change of ownership since its a new address.
yeah I also don't get why he insist in sending back to address 1. It doesn't make sense.
reply
I have an explanation for this, I don't know if it still makes sense to think about it but in the past I've read several times that some wallets don't work well with derivation paths. And it can lead the user to think that they have lost their funds.
reply
first of all if you have the seed then who gives a shit, you can always access it with a working wallet.
secondly i'm not sure how generating a new address would cause issues for the wallets (given that you are not generating 10k addresses) and what do derivation paths have to do with that, you're not changing a derivation path by generating a new address, and even if you'd be creating a new "account" and generating an address there then you'll get the funds there.
so in any case i think this entire thread should be addressing your real question - can something go wrong with sending all utxos to a new address in android for electrum, not trying to reason why the plan you had in your head is the right one
reply
I seem to be confusing derivation paths with generating new addresses. What I've read in the past has to do with what you're saying about generating lots of addresses. Thanks for your patience and explanations.
reply