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19 sats \ 3 replies \ @Bitwit 30 Sep 2023 freebie \ parent \ on: Explain UTXOs in bitcoin to someone who doesn't understand bitcoin at all. bitcoin
Surely anyone who receives a payment from you, of any size, will know your address and hence your balance?
This is why any good wallet software doesn't reuse addresses. The receiver knows the address, the amounts and change.
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Yes, thats what you have more bitcoin wallets created :)
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They will only know the change from the UTXO that I sent them. So unless you reuse addresses, then your entire balance is still hidden from them.
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