UTXO - An Important Concept in the Blockchain World
What is UTXO? Unspent Transaction Output, or UTXO, is an important concept in the blockchain world. The name seems a bit confusing, but the concept itself is not difficult to understand. This article will explain everything you need to know about UTXO.
UTXO and a Simple Real-World Example Unspent Transaction Output - UTXO is the output of a transaction that a user receives and can spend in the future. This is true because, as the name implies, it is the unspent output of a transaction.