Back to Index

UTXO

Unspent Transaction Output; the fundamental unit of Bitcoin value that can be spent in a new transaction.

UTXO

Unspent Transaction Output; the fundamental unit of Bitcoin value that can be spent in a new transaction.

Key Takeaways

  • Concept: UTXO is a fundamental part of the Bitcoin ecosystem.
  • Importance: Understanding this helps in mastering how decentralized finance works.
  • Learn More: Explore related topics in our A-Z Encyclopedia.