What is Nostr?
Fundamentals /
npub12em…y99g
2024-09-28 10:47:51
in reply to nevent1q…p0cx

Fundamentals on Nostr: The way I look at mistakes are UTXOs with lost keys. They will just pile up. The unit ...

The way I look at mistakes are UTXOs with lost keys. They will just pile up.

The unit of bitcoin is anUTXO, not a sat. Sat is just a denomination but they can’t really be moved - a UTXO is required for the “movement” of any sats.

There is a very small number of UTXOs relative to the pooulation of the world and hard limits on the creation of new o es and the exchange rates of current ones - this is what has so many panties in a bundle.

Cool question.
Author Public Key
npub12eml5kmtrjmdt0h8shgg32gye5yqsf2jha6a70jrqt82q9d960sspky99g