After a long hiatus, we return to talk with new Chaincode member Murch and get his take on enterprise wallets and UTXO management. In this conversation, we cover: - Enterprise UTXO management (3:35) - The impact of the 2017 hype cycle (4:30) - The importance of UTXO set minimization (5:30) - The fee market today (6:44) - Batching Transactions (9:15)  - Payment Batching - Consolidations (11:05)  - Consolidation of 4 Million UTXOs at Xapo - Change splitting (14:10) - Replace By Fee (16:04)  - RBF in the wild  - Fee bumping - SegWit (21:10) - How enterprises estimate fees (25:00) - Omnibus wallets (28:05) - Off-chain sending (31:50) - Taproot (33:57) Other resources: - Bitcoin Optech Field Report: How segwit and batching could have saved half a billion dollars in fees Thanks as always to Matthew Zipkin for the sound engineering.