Okay plebs, let’s go whale hunting this time! 🐳

If this invoice gets paid I’ll distribute 115456 sats equally among all those who reposted this post.

Let’s go!!! ⚡️⚡️

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They only had it in hardcover as a combo. I was in middle school when I read Animal Farm and I was probably 19 when I read 1984. Time for a revisit.

How long until they change the words?

I can't believe 1984 was required reading

I hope someday reposts and zaps completely replace the need for “likes”/🤙🏼.

Reposts and zaps are true value exchange…and have a real cost: your reputation or money.

Likes are superficial and exist only to inform an algorithm.

Relevance algorithms have their place, but they are best informed by a truly costly action.

Followed 😅🫡

Canada loves death. We murder our preborn and we now help people commit self-murder if they are homeless and sick.

As the night gets darker, the light shines brighter. Lord help us!

💜⚡️

Leave and invoice for 250 below! 💜⚡️

What are the best Nostr memes? I’ll Zap 10’000 sats for the best ones

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 the reality is that it is made of many different unspent transaction outputs (UTXOs)

- when you make a bitcoin transaction your wallet will select as many UTXOs as necessary to reach the amount of bitcoin you wish to send

- onchain transaction fees are calculated based on size in bytes not the amount of sats sent

- the more utxos required on the input side the higher the fee paid

- from a cost perspective you want to consolidate utxos, fewer utxos with larger amounts

- consolidation has privacy tradeoffs though: you link any UTXOs you consolidate as owned by the same person + larger UTXOs mean you will dox more of your stack to anyone you pay in the future

Therefore you want to reduce the number of UTXOs you have while being mindful of the privacy concerns.

Lightning Transaction fees are calculated differently: based on the amount in sats sent. Opening lightning channels when fees are low can enable you to save money in the future when fees rise. 🤙

Spam.

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Yes, but what flavor are they? 😁