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Author Topic: Bitcoin’s unspent transaction outputs (UTXO) and its long-term implications  (Read 339 times)
Majestic-milf
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June 12, 2022, 01:26:07 PM
 #21

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This is true, however, the outputs can never be greater than the inputs.
This is partially true, because you can make some incomplete transaction, where outputs are greater than inputs, then another party can add coins, and make it complete, without invalidating previous signatures.
If the input is greater than the balance, the transaction cannot go through. Normally in a transaction, the input is greater than the output because the difference between these two is the transaction fee.

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June 12, 2022, 02:40:25 PM
 #22

If the input is greater than the balance, the transaction cannot go through.
There is no way to try to make the value of the input greater than the balance stored on that input.

When you create a bitcoin transaction, you choose inputs based on the hash of the transaction which created them, and their position within that transaction. You then spend the entire input. At no point do you specify "how much" of the input to spend; you either select it, or you don't, and you either spend it all, or you spend none of it. There is no way to invalidate a transaction by trying to select more coins than exist in an input.
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June 19, 2022, 07:02:30 PM
Last edit: June 19, 2022, 11:33:36 PM by Hold-n-play
 #23

I just wanted to thank everyone for your contribution. I really hope that the post overall was both informative and intellectually stimulating.
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