Understanding UTXO model

By yanis | little crypto guides | 9 Aug 2020


UTXO is the basis (or one share of), but around no one understand it. In this article, I will try helping u understanding it.

 

What does it mean ?

UTXO it the acronym for Unspent TX Output. For understanding it, a transaction is a set of inputs and outputs.

Outputs are new, but inputs are outputs of previous transaction. If an output isn't used as input of another transaction, it's unspent (an UTXO)

utxo model schema

 

 

It's the end of this explanation. I hope that you learned something in.

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yanis
yanis

I'm not afraid of the matrix, I AM THE MATRIX (pure code here)


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