Basics_04 - Wallets & Transactions
24 Feb • 1hr 7m
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 bitcoinaudible.com so it is easy to find down the road.
Wallets Guy uses...
Mobile On-Chain Wallets:
Bitkit (careful, still in beta but one I'm excited about)
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)
Coldcard (long running, trusted, & versatile)
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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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?
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
Glad to learn some of the basics
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.
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.
Looking at you Ledger. 💩