UTXO

[imjose]

Hi,

Can anyone please help with some documents to understand UTXO model..?

[franky1]

Hi,

Can anyone please help with some documents to understand UTXO model..?

it simply means unspent transactions.
when you download the entire blockchain not only is the blockchain saved. but a second list is formed holding only the transactions that have not yet been spent/used.

think of it as a summary of the blockchain to help nodes make faster searches to validate any new transactions

[steven0021]

What do you mean by model exactly? UTXO = Unspent Transaction (TX) Output. It's a very literal term and you should know what it means if you know what transaction outputs are.

If you don't know what transaction outputs are then start with this > https://www.cryptocoinsnews.com/bitcoin-transaction-really-works/ .

[Carlton Banks]

Hi,

Can anyone please help with some documents to understand UTXO model..?

it simply means unspent transactions.
when you download the entire blockchain not only is the blockchain saved. but a second list is formed holding only the transactions that have not yet been spent/used.

think of it as a summary of the blockchain to help nodes make faster searches to validate any new transactions

What happened to arguing that UTXO validation was an altcoin? You can't pretend to understand what the UTXO does and also still push that propaganda, huh?