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.

This post is powered by Urkel Labs.

************************************************************

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

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store