Understanding Unspent Transaction Outputs

The Crypto ELI8, or Explain Like I’m Eight, series is for anyone who wants to learn about the exciting world of cryptocurrency. Each post is organized around a specific term, concept, question, or other topic related to crypto.

For more on what the series is and a full list of posts check out this series guide.

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Sorry to disappoint, but UTXOs don’t have anything to do with hugs n’ kisses in Utah. Rather, they’re the building blocks that ultimately make up your bitcoin balance. Although they can be confusing at first, it’s…

Matt Burke

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