Bitcoin Transaction Fees and UTXO Management
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- when bitcoin blocks are full, highest fee transactions are confirmed first
- your bitcoin wallet may show a single balance but...
What is the acceptable amount per utxo for you ? 0.1btc ? 0.01btc ? 100k sats ?
If we are in an hyper bitcoinised world 1 sats will be worth a few cents.
Buying a beer will be done over Lighting or whatever second/third layer will be in use with low fees right ?
So On-chain payment will be use for expencive stuff like a house or just a used car.
What ever you will get that day, your spent utxo may be or too much or not enough. And those services requiere your ID anyway... 🤔
If we are in an hyper bitcoinised world 1 sats will be worth a few cents.
Buying a beer will be done over Lighting or whatever second/third layer will be in use with low fees right ?
So On-chain payment will be use for expencive stuff like a house or just a used car.
What ever you will get that day, your spent utxo may be or too much or not enough. And those services requiere your ID anyway... 🤔