One of the foundational concepts of Bitcoin is the Unspent Transaction Output, or UTXO. Every Bitcoin transaction results in the creation of these UTXOs, which represent a piece of Bitcoin that can be spent in future transactions. When you send or receive Bitcoin, you’re essentially working with UTXOs: combining them, splitting them, and creating new […]
The post Deciphering the role of UTXOs in Bitcoin consolidation patterns appeared first on CryptoSlate.
Go here to Read this Fast! Deciphering the role of UTXOs in Bitcoin consolidation patterns
Originally appeared here:
Deciphering the role of UTXOs in Bitcoin consolidation patterns