diff --git a/60.md b/60.md
index 23b56ac4..27834422 100644
--- a/60.md
+++ b/60.md
@@ -50,7 +50,6 @@ Tags:
 * `unit` - Base unit of the wallet (e.g. "sat", "usd", etc).
 * `name` - Optional human-readable name for the wallet.
 * `description` - Optional human-readable description of the wallet.
-* `balance` - Optional best-effort balance of the wallet that can serve as a placeholder while an accurate balance is computed from fetching all unspent proofs.
 * `privkey` - Private key used to unlock P2PK ecash. MUST be stored encrypted in the `.content` field. **This is a different private key exclusively used for the wallet, not associated in any way to the user's Nostr private key** -- This is only used for receiving [NIP-61](61.md) nutzaps.
 
 The client or user MAY decide to put some tags either inside the encrypted `.content` or under the public `.tags`, `name` and `description`, for example. However, `d` MUST always be a public tag, and `mint` and `unit` must be public if the user intends to receive [NIP-61](61.md) nutzaps.