tony ✔️ on Nostr: "Manually selecting the UTXOs you use for each transaction can make a big difference ...
"Manually selecting the UTXOs you use for each transaction can make a big difference in two main ways:
Privacy: The UTXOs you select can determine the information you share with others (e.g., the recipient) about your wallet’s balance and transaction history.
Transaction fees: The number of UTXOs you select can also affect the amount you’ll pay in transaction fees."
So you bought your COLDCARD and now it's time to move your bitcoin to safety. Do you know what is a Bitcoin UTXO and why do they matter?
If the answer is no, please read the article below to save yourself some sats and prevent headaches in the future.
https://21ideas.org/en/protocol/utxo-1/
Published at
2024-10-16 14:17:14Event JSON
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"pubkey": "7bfda8851f0bebfaad675be189f78532e95579270dd9827d6a6df66d7a768195",
"created_at": 1729088234,
"kind": 1,
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"content": "\"Manually selecting the UTXOs you use for each transaction can make a big difference in two main ways:\n\nPrivacy: The UTXOs you select can determine the information you share with others (e.g., the recipient) about your wallet’s balance and transaction history.\n\nTransaction fees: The number of UTXOs you select can also affect the amount you’ll pay in transaction fees.\"\n\nnostr:note1768z4dy76vaxzxhh8sxy6vwvatq6f5u9cv3pghkp4kz6kc5fvjgq4rqsnf ",
"sig": "0e94f731d6c7201924b86db26ee8b268974e34404f0d62c29b635f087bffebaf004c867df05a9b3f9459eac844799fef20ebd36c21b6dc1a0b29d48ba292320c"
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