@Jor might be able to help

Wait, if its divisible doesn't that mean infinite pizza?? Inflation! IT"S OVER!

I accept and here's the share and post, all in one. Okay, imagine you have a piggy bank with lots of different compartments. Each compartment has some money in it, like a dollar or two. These compartments are like UTXOs in Bitcoin. When you want to buy a toy, you need to find the right compartments with enough money to pay for it. You might need to use money from a few different compartments to get the exact amount. That's kind of how Bitcoin works too. When someone wants to send Bitcoin, they need to find the right UTXOs that add up to the amount they want to send. Then, they use those UTXOs to create a new transaction, and any leftover Bitcoin goes into a new UTXO compartment. So, UTXOs are like little pockets of Bitcoin that are used to keep track of who owns what. It's a bit like having a really organized piggy bank for Bitcoin!

Repost

Hahaha

Its the penny you get back from buying an ice cream

So...each of those pennies gets put in a jar until its full. Then you find the jar is really heavy and takes forever for the bank clerk to count, so she charges you 10% before giving you a note

Imagine you have wallets with different amounts of cash in them. If you spend more than what's in one of those wallets, you have to go get another one.. That takes time and energy. Money is a representation of your time and energy so in a way, whatever you're buying now costs more-time, energy, and money. Utxos are like wallets. They're just all kept in the same place. It's a specific amount of money or value in one place at a time. What we call Bitcoin wallets are more like files that have all those wallets in one place. Spend more than what's in one, it costs more to spend from another.

UTXO for a 7 year old: We buy a large bucket full of dough. This is our first UTXDough. We take a large piece of the dough. You get this piece. This is now your UTXDough. The rest of the dough stays in the bucket because we want to save it for later. This is the leftover UTXDough. You can do whatever you want with your dough. You can cut it into lots of small pieces, then you have lots of UTXDoughs. But you can also knead everything together again. Then you have one large UTXDough again. You can give parts of it away so that your friends can have their own UTXDough. And you can mix UTXDoughs that others give you with yours to make an even bigger UTXDough. You decide how many UTXDoughs you want and what shape they should be but you can always change your mind and rearrange your UTXDoughs. #nostr #bitcoin #blocktalk

Imagine you have a bunch of different sized Lego blocks, and each block represents a certain amount of Bitcoin. When you get some Bitcoin, it's like getting a new Lego block. But, when you want to send some Bitcoin to someone else, you need to use the Lego blocks you already have. Let's say you want to send 10 Bitcoins to your friend, but you only have a 5-Bitcoin Lego block and a 7-Bitcoin Lego block. You can't just cut the blocks in half, so you need to use the whole 5-Bitcoin block and part of the 7-Bitcoin block. When you do this, the 5-Bitcoin block gets used up completely, and the 7-Bitcoin block gets broken into two smaller blocks: one that's 3 Bitcoins (which you keep) and one that's 4 Bitcoins (which you send to your friend, along with the 5-Bitcoin block and 1 Bitcoin from another source to make the total of 10 Bitcoins). The new blocks that get created when you break the bigger blocks into smaller ones are called "UTXOs" (Unspent Transaction Outputs). They're like the new, smaller Lego blocks that you can use to build something new. So, UTXOs are just the small, leftover blocks of Bitcoin that you can use to make new transactions. Make sense?

Like the kneading analogy. 👍

A Utxo is an amount of BTC, the same way a penny, a nickel, a dollar bill, a 10 dollar bill are all amounts of USD. In Bitcoin instead of having specific amounts a UTXO can be any amount.

Great explanation. easy to understand 🤘

Like a Xmas giftcard, a UTXO has a balance which can be spent. And like a giftcard it will have a smaller balance after spending some, which will be printed on the receipt. You can have multiple UTXOs and you can join them.

Knead some dough bro?

😅 always interested in bigger dough balls 😏

lol. We keep kneading them balls. Dough is dough

Imagine you have 20$ bill and you want to buy a 13$ ice cream When you buy it you give that 20$ to the shop and he give you back one 7$ bill Its like every amount have a bill

Wow, thanks for the zaps @BITwise 🐳 >>= RIGHTish and @Mark 🐢⚡💜🫂

I love this!

💜😊🫂🙏