Bitcoin UTXOs: Explained for Beginners

Topics Covered:

  • What is a UTXO?
  • Similarities Between UTXOs and Cash
  • How UTXOs Differ From Cash
  • Basic Rules for Bitcoin Transactions and UTXOs
  • Example Transaction
    • What Users See
    • What Really Happens
  • Where are UTXOs stored?
  • UTXOs and Privacy

Happy Thanksgiving!

submitted by /u/ClementineMoney
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