Unspent Transactions Outputs

Overview

Many of the first generation blockchains (such as Bitcoin and Litecoin) use unspent transaction outputs (UTXOs) to account for users’ funds. Whenever a transaction is made a new UTXO is created, indicating the input (where the funds came from) and the output (where funds are being transferred to).

Created Unspent Transaction OutputsSpent Unspent Transaction OutputsUnspent Transactions Outputs

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