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23min chapter
Bitcoin UTXOs 101 with Wicked Smart Bitcoin (WiM462)
The "What is Money?" Show
Understanding Bitcoin UTXOs and Transaction Fees
The chapter explores the technical aspect of Bitcoin through Unspent Transaction Outputs (UTXOs), comparing them to different sizes of gold chunks. It emphasizes the impact of UTXO size on transaction fees, urging effective management to avoid high costs. Discussions include strategies like consolidating UTXOs for fee efficiency and tools like coin mixers to enhance privacy in transactions.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode