10min chapter

The "What is Money?" Show cover image

Bitcoin UTXOs 101 with Wicked Smart Bitcoin (WiM462)

The "What is Money?" Show

CHAPTER

Maintaining UTXO Privacy and the Efficacy of Coin Joining

Exploring the complexities of UTXO histories, this chapter emphasizes the importance of segregating non-KYC from KYC Bitcoin to preserve privacy, promoting the use of separate wallets. It discusses selecting the right UTXO size to avoid unnecessary change and privacy risks, drawing parallels between UTXOs and physical cash. The chapter also delves into the limitations of coin joining for anonymity, highlighting the effectiveness of technologies like FETI mince in providing near-perfect privacy for Bitcoin transactions.

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