UTXO
An Unspent Transaction Output is a discrete unit of spendable value created by a transaction and consumed as an input to a later transaction.Definition
An Unspent Transaction Output is a discrete unit of spendable value created by a transaction and consumed as an input to a later transaction.Why it matters
Bitcoin-specific terms explain the architecture, monetary policy, and transaction model of the first major blockchain network.Related knowledge
- Bitcoin — term
- Mining — term
- Proof of Work — term
Canonical knowledge ID:
glossary:utxo