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 | A bitcoin [[wallet]] balance is actually the sum of the UTXOs controlled by the wallet's private keys. | ||
== UTXO set == | == UTXO set == | ||
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.
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