UTXO: Difference between revisions
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'''UTXO''' stands for Unspent Transaction (TX) Output. Every on-chain bitcoin [[transaction]] sends bitcoin to one or more [[address]]es, from at least zero (in case of a [[coinbase]] transcation) addresses. | '''UTXO''' stands for Unspent Transaction (TX) Output. Every on-chain bitcoin [[transaction]] sends bitcoin to one or more [[address]]es, from at least zero (in case of a [[coinbase]] transcation) addresses. | ||
A bitcoin [[wallet]] balance is actually the sum of the UTXOs controlled by the wallet's private keys. | |||
== UTXO set == | |||
The ''UTXO set'' is the collection of all addresses with unspent outputs. | |||
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[[Category:Technical]] | [[Category:Technical]] |
Latest revision as of 12:57, 27 June 2020
UTXO stands for Unspent Transaction (TX) Output. Every on-chain bitcoin transaction sends bitcoin to one or more addresses, from at least zero (in case of a coinbase transcation) addresses.
A bitcoin wallet balance is actually the sum of the UTXOs controlled by the wallet's private keys.
UTXO set
The UTXO set is the collection of all addresses with unspent outputs.