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Blockchain Basics: Unspent Transaction Output (UTXO) Explained!

June 26, 2019 7:21 132
Blockchain Basics: Unspent Transaction Output explained simply. The UTXO is a method of keeping balance, avoiding double spend, and maintaining chain of ownership in a decentralized transaction ledger made famous by bitcoin, and later, Litecoin, DigiByte is a critical topic to understand for blockchain beginners. In this series of blockchain explained for beginners, some of the most often overlooked “how does blockchain work” topics will be addressed. 🚀**JOIN THE MOVEMENT** 🚀 —————————————————- 📚CRYPTO READING LIST: http://bit.ly/2NpTsHL 🔥CRYPTO STARTER PACK: http://bit.ly/2pr2w5q 💸 Donations and Tips: Always appreciated, never expected ❤ 🎁 BTC: 3KvKTW42fa8uzejSAXJuYKcw4iu9ao6aek 🎁 ETH: 0x6b7d8DC93556ab8bC9f35f0028Ab01586746DBCd 🎁 BAT: 0xF11adaaeA5205ce29eDf1905D0A20C6617286342 *==========================================================* 🔐 **PROTECT YOUR CRYPTO** 🔐 ————————————————————————————————————- Get a KeepKey hardware wallet here: https://bit.ly/2CccGAe ————————————————————————————————————- Get a Ledger Nano S & Nano X Here: http://bit.ly/2HpzqNH ————————————————————————————————————- Get a Trezor Model T wallet here: http://bit.ly/30stPxA Get a Trezor One wallet here: http://bit.ly/30zI8Ap ********************************************************************** 🔺 This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. Most often, I include links to products when I do product reviews, but I will never push a product I do not use myself and totally believe in! Thank you. 🛑DISCLAIMER: The information in this video is an opinion and is for informational purposes only. It is not intended to be investment advice, nor does it represent any entity’s opinion but my own. Seek a duly licensed professional for investment advice. I am not guaranteeing you gains on your investment and the content I produce is my own personal approach, opinion and strategy in this highly speculative market. 🙏**CONNECT WITH ME ON SOCIAL** 🙏 I am @hashoshi4, let’s hang out! Twitter: http://bit.ly/2EDnBjp Instagram: http://bit.ly/2ECkecO [description for the robots with keyword tags here] #Hashoshi #HashNation
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