Bitcoin in a Jar

As a support agent for a non-custodial wallet company I ran into many a user that had little idea how bitcoin transactions are calculated.  Over time I developed an explanation that I believe hits the mark.  We will use one of my transaction IDs to discuss the details. Imagine an empty jar.  This jar represents the  next block in the blockchain.  Since Bitcoin transactions fees are calculated by how many inputs you need to add to the block to create your send think of each one of these transactions as a marble.  The more marbles you need to put in Read More