UTXO (UTXO)

UTXO (UTXO)

Coin Information

Unkown Country Icon Unknown Country
Ticker icon Ticker: UTXO
Type icon Type: Unknown

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About UTXO

UTXO (ticker: UTXO) represents spendable Bitcoin in the Unspent Transaction Output model. Each UTXO tokenizes a specific amount of Bitcoin that can be used in future transactions. Holding a UTXO signifies proof of ownership of Bitcoin, indicating the availability of funds to spend.

In Bitcoin transactions, UTXOs are used as inputs to spend the coins and create new UTXOs as outputs. When a transaction occurs, UTXOs are referenced as inputs, and new ones are generated as outputs. Each UTXO carries a Bitcoin value and specifies the spending conditions through a script. Once transactions are verified and added to the blockchain, the used UTXOs are marked as spent and removed from the UTXO set, while new UTXOs are added, ensuring the prevention of double-spending.

The UTXO model is a vital component of Bitcoin’s transaction infrastructure, facilitating secure and transparent digital exchanges. By utilizing UTXOs, Bitcoin maintains an accurate account of all available funds while ensuring the integrity of the blockchain network.

Frequently Asked Questions

We currently have no price information of UTXO UTXO available.
The circulating supply of UTXO is 0.
The total supply of UTXO is unknown.
The max supply of UTXO is unknown.
Unfortunately the country of UTXO is unknown.
UTXO is a cryptocurrency running on its own blockchain.
UTXO reached an all-time-high of USD on .

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UTXO Markets on Crypto Exchanges

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