Dear community, I hope you can help me with a question I have regarding baking.
- Are a baker, with a TZ1 address
- Have [A] XTZs in your balance
(1) Create a KT1 address. Transfer your XTZs to the new KT1 address (leaving behind a sufficient XTZs for deposit/bond). Delegate the XTZs to your TZ1 address.
(2) I can keep all my XTZs in my TZ1 address and bake normally. I don’t need to create a KT1 address and delegate XTZs from it.
Can you help? I have been getting different answers from different people. Thanks in advance.