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Sep 6 • 10 tweets • 2 min read
You thought #Bitcoin transactions were final once you hit send?
What if I told you… you can “edit” them? 👀
That’s what Replace-By-Fee (RBF) makes possible. 🧵👇🏻
💡 What is RBF?
Replace-By-Fee (RBF) is a #Bitcoin feature that allows the sender to replace an unconfirmed transaction in the mempool with a new version that pays a higher fee.
Until it’s confirmed in a block, a TX isn’t set in stone.
Jul 6 • 9 tweets • 2 min read
What are UTXOs? And why does it matter in #Bitcoin?
If you've ever used Bitcoin, you've interacted with UTXOs, even without knowing it.
Let's understand it simply and correctly. 👇🧵
1⃣ UTXO stands for Unspent Transaction Output.
In other words: It's like the “change” you received in a previous transaction, which you can now use as “input” in a new transaction.