What does UTXO mean in the Bitcoin network?
In the Bitcoin network, what does UTXO mean? In the Bitcoin network, UTXO refers
In the Bitcoin network, what does UTXO mean? In the Bitcoin network, UTXO refers to unspent transaction outputs. According to Bitcoin Core’s definition, a user can entrust their funds to a specified node or service for transactions. It also allows users to control their own private keys and passwords. In order for the system to function properly and securely, there must be a special wallet address to verify this process, thus enabling permissionless workflows. (Coindesk)
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