Blockchain Basics: Unspent Transaction Output (UTXO) Explained

Blockchain Basics: Unspent Transaction Output explained simply. The UTXO The term UTXO refers to the amount of digital currency someone has left remaining after executing a cryptocurrency transaction.Learn more is a method of keeping balance, avoiding double spend, and maintaining chain of ownership in a decentralized transaction ledger made famous by BitcoinBitcoin (BTC)1$ 67,714.930.18%1h-6.01%24h-15.89%7ddetails, and later, Litecoin, DigiByte is a critical topic to understand for blockchain A blockchain is a digital ledger of transactions that works from a decentralized network.Learn more beginners. In this series of blockchain explained for beginners, some of the most often overlooked “how does blockchain work” topics will be addressed.

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