BitcoinStu on Nostr: Best practices is never re-use addresses. As a result most people who hold bitcoin ...
Best practices is never re-use addresses. As a result most people who hold bitcoin have many addresses in use. So you cannot count the addresses in the UTXO set and assume that each address represents one person. It's far less than that.
Published at
2024-07-01 12:21:28Event JSON
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"id": "39d49b30e368edf62b73e5e6bdbe48dd33b14e699beb34c1e31e0750846ab343",
"pubkey": "e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8",
"created_at": 1719836488,
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"content": "Best practices is never re-use addresses. As a result most people who hold bitcoin have many addresses in use. So you cannot count the addresses in the UTXO set and assume that each address represents one person. It's far less than that.\n",
"sig": "e70fea7378435f3e2998b7cbafb5fb857583d20050320b6ec18c76eb6b524292f3a2dc2fc81ea619709a93b1849a26b175b8d3924e51faf3d794853bcf6f71ab"
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