Basics_04 - Wallets & Transactions
Bitcoin Audible

Basics_04 - Wallets & Transactions

24 Feb • 1hr 7m
Boost episode

Show Notes

Hot wallets, cold wallets, hardware wallets, custodial wallets, lightning wallets, holy crap! What does all of this mean and how do they relate to your keys and your bitcoin? That is what we are covering in today's episode, Bitcoin Basics episode 4, all about wallets and transactions.

Here is a reference to all of the wallets I use most often and for you to explore when setting up your own. I will also have this available on so it is easy to find down the road.

Wallets Guy uses...
Mobile On-Chain Wallets:
Green Wallet
Blue Wallet
Bitkit (careful, still in beta but one I'm excited about)

Desktop Wallets:
Green Wallet
Lily Wallet
Sparrow (can be more advanced, but a good wallet)
Specter (need a node, we will cover this later in the Basics)
Electrum (old school, but trusted)

Hardware Wallets:
Coldcard (long running, trusted, & versatile)
Blockstream Jade
Tapsigner (simple, card sized hardware wallet)
Bitbox (clean, easy to use bitcoin wallet)
Seedsigner (cool DIY hardware wallet, low cost)

A great, essential piece for first getting into the space, Bitcoin First:

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1,500 sats
27 Feb
basics boost. curious what is visible to the public on-chain. if i have multiple UTXOs that are all under 1 “wallet”, are they all visible under 1 entity or would they be viewed as separate?
27 Feb
nvm..I think you answered this haha
1,000 sats
24 Feb
500 sats
24 Apr
Loving the Basics series, even after many hours of casts and video, this series would have gotten me to where I am now quicker and it is still showing me new insights. TY
150 sats
24 Feb
Glad to learn some of the basics
121 sats
27 Feb
I must be based because I never heard of “sElF-hOsTeD wAlLeTs” Also, any idea how to explain UTXOs simply? I try explaining to my girlfriend but she can’t grasp it and I can’t break it down anymore.
27 Feb
Each UTXO is like a dollar bill with "X" value attributed. When you spend from that UTXO, unless you spent absolutely all of it, there will be remaining "change" that forms a new UTXO where the process can be repeated again.
28 Feb
Looking at you Ledger. 💩