40 sats \ 2 replies \ @DarthCoin 30 Oct 2023 \ on: Trying to understand what UTXOs are all about bitcoin
https://i.postimg.cc/K8z15H6X/pretty-good.gif
In simple terms: Think of UTXO as some coins in your pocket. ikf you have a bigger fiat bill of 10 bucks and you pay me with 1buck, I will give you back 4 coins of 1buck or one of 4bucks and you put it into another pocket.
see in Electrum is displayed as "coins" tab
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0 sats \ 1 reply \ @cryotosensei OP 30 Oct 2023
So you get to choose what kind of UTXOs to return to your recipient? Thanks for the explanation
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10 sats \ 0 replies \ @DarthCoin 30 Oct 2023
with specific scripts could be possible but usually wallet apps are doing this process more easily for the user,
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