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."
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."
quoting note1768…qsnfSo 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/