Syturio

When you send bitcoin, you pay a fee depending on the amount of data such a transaction needs. There are several ways to make your payments cheaper, and you usually get better privacy at the same time.
&nbsp;
## 1. Use more modern addresses
Transactions are gradually being improved to be more compact. For the lowest fee, your addresses today should start with the characters `bc1`. The Trezor Suite uses such addresses automatically. If you're still using a legacy account, upgrade to a newest one called Taproot.

| ![](https://raw.githubusercontent.com/hynek-jina/test/main/images/stacker.news/How%20to%20save%20on%20mining%20fees/Accounts.png) |
| --- |
| _To add a new account, first click on the green plus sign in the top left next to the `My accounts` description._ |

## 2. Send to multiple recipients at once
Sending to two people separately is simply more expensive than sending to them at the same time. So if you're not in a hurry to pay, you could spend a month collecting recipients and then pay them all at once.

| ![](https://raw.githubusercontent.com/hynek-jina/test/main/images/stacker.news/How%20to%20save%20on%20mining%20fees/Add%20recipient.png) |
| --- |
| _In Trezor Suite, add more and more recipients by clicking Add Recipient_ |

## 3. Offer low fees
Don't be afraid to offer the lowest fee, i.e. `1 sat/vB`. You can easily increase the fee, on the other hand, you can't decrease it.

| ![](https://raw.githubusercontent.com/hynek-jina/test/main/images/stacker.news/How%20to%20save%20on%20mining%20fees/Bump%20fee.png) |
| --- |
| _You can increase the fee in the Suite by clicking on `Bump fee` next to the pending transaction and then confirm with `Replace transaction`_ |

## 4. Do not create change
When you send a bitcoin, you will probably be left with change. The wallet will automatically send this change to your next available address. However, you can specify that destination too.. Any leftover can be deposited into the aforementioned newer account or used to charge your Lightning wallet.

| ![](https://raw.githubusercontent.com/hynek-jina/test/main/images/stacker.news/How%20to%20save%20on%20mining%20fees/Coin%20control.png) |
| --- |
| _Select the Coin control option when sending the transaction and manually select which coins you want to use. Click on `Send max` at the recipient that should receive the rest of selected coins._ |

## 5. Try not to have too many coins
Personally, I try to keep about as big coins as I might want to use in the future. Again, so I don't end up with unnecessarily small coins. You can even send coins to yourself so that you have the best distribution. Again, you give a very small fee, ideally bundling it with other transactions.

| ![](https://raw.githubusercontent.com/hynek-jina/test/main/images/stacker.news/How%20to%20save%20on%20mining%20fees/Mempool.png) |
| --- |
| _I like to use mempool.space for an overview of current fees_ |

## 6. Paying with coinjoin
You can combine your transaction with other people's transactions and save money together. Currently I don't know of a project that has this functionality nicely set up for the average user. However, it is changing fast.. let me know if you are interested.

| ![](https://raw.githubusercontent.com/hynek-jina/test/main/images/stacker.news/How%20to%20save%20on%20mining%20fees/Coinjoin.png) |
| --- |
| _Hundreds of inputs and hundreds of outputs aggregated in one coinjoin transaction_ |

## 7. Payment by lightning
Sure thing... With the Lightning network you can often bring the fees down to zero... However, nowadays it is still useful to be able to use the so-called on-chain... You usually need to get the funds to the LN somehow... 

How to save on mining fees

hynek

https://inscribetheplanet.com/

![image of inscribetheplanet.com homepage](https://i.ibb.co/TP2JBKy/inscribe-the-planet.png)

Topher Scott and I created this tool to make inscriptions easier on people. In the early days of inscriptions, you needed to download ord wallet, download bitcoin core, sync the blockchain, index all transactions as well as all existing inscriptions, or use a custodian who would do that for you. This new tool runs entirely in javascript on your own browser. It connects to mempool.space's api to get a transaction index, block data, and to broadcast transactions, and the server it runs on *does not hold your keys*! Non-custody is the way!

If you've been hestitant to try out inscriptions, give it a try. I made an inscription yesterday and sent it to an ordinals wallet I created at ordinalswallet.com.

This paragraph may interest developers: inscribetheplanet.com is based on a new javascript library called bton, which stands for bitcoin transaction object notation. This is an excellent tool by my friend Topher which makes it easy to use various taproot tricks in the browser. It supports creating taproot addresses, tapscript trees, schnorr signatures, address validation, and many other nifty features. Give it a try! https://www.npmjs.com/package/@cmdcode/bton

Here is the github repo for this particular project (inscribe the planet) that uses the bton library: https://github.com/supertestnet/inscriptions-online/

Inscribe the planet: an online tool for inscriptions with no need to sync a node

super_testnet

You can now bookmark posts and comments. It's available in the `...` next to any post or comment. You can get to your list of bookmarks by clicking on your nym in the navbar and clicking `bookmarks` in the dropdown.

Additionally, the `...` on items now has a `copy link` option and a link to the open timestamps timestamp at `ots timestamp`.

A significant portion of the work on bookmarks was done by @ekzyis in response to this bounty: [Implement bookmarks on SN](https://stacker.news/items/134939) earning them 1m sats. 

We'll probably do a couple more bounties for bite-sized SN features soon.