0 sats \ 0 replies \ @BradSats 27 Jun \ on: I had a cat made for my cat Dogs_And_Cats
I got a really good laugh out of that one. That squished in a package is just so F'ed up, lol...
Nice. Set up something like https://lightningcats.io/ so we can zap them some food and watch the feeder dispense on the live stream.
Yes, correct; UTXOs can be any size. All are denominated in BTC.
1 bitcoin = 1 BTC. The smallest denomination is one satoshi, 1 sat, or 0.00000001 BTC.
1 bitcoin = 1 BTC. The smallest denomination is one satoshi, 1 sat, or 0.00000001 BTC.
If you have any bitcoin in a bitcoin wallet that has an on-chain bitcoin address, then you already have a UTXO. The bitcoin in your wallet is Unspent, and it is comprised of other UTXOs having sent bitcoin to your wallet so it is their Transaction Output that makes your address have a balance.
When you go to spend your bitcoin, your wallet will add up enough of your UTXOs in your wallet that cover the amount of whatever you're trying to spend (plus a transaction fee). The more UTXOs that are needed to cover that output you are trying to make will increase the overall "size" of the transaction.
I could go on and on about it, but I'd rather not put out any incorrect information. It's better to learn about it yourself. It's easier for me to understand how transactions work by looking at how they appear graphically in http://mempool.space.
What is a bitcoin UTXO and why do they matter?
https://unchained.com/blog/what-is-a-utxo-bitcoin/
After I posted #477846, I went back and acted as if I were trying to post another link. This time around it said there was a 10,000 sats fee to post. I believe it's on a 24-hour timer. Free again 24 hours after you last posted in that territory.