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root 174c61a9…3ba3 · depth 1 · · selected 174c61a9…3ba3

+- Seb Bunney -- 2y ----------------------------------------------------------------------------------------------[...]+
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| Unsure what a #Bitcoin UTXO is, why they are important to understand, and how managing UTXOs could save you a lot of |
| #BTC in the future? 🧐                                                                                                |
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| Here's a 🧵 for you!                                                                                                  |
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| UTXOs, or Unspent Transaction Outputs, can be tricky to grasp, so let's do a UTXO 101.                               |
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+-- reply ------------------------------------------------------------------------------------------------ [1 reply] ---+

Seb Bunney -- 2y [parent] 
     Bitcoin transaction fees aren't based on the amount sent, but on the transaction's weight. More data in the
     transaction equals higher fees.
     
     You're probably thinking, what is Seb on about... "what does transaction weight mean?"
     
     🧵2/15
     reply [1 reply]