UTXO

« Back to Glossary Index

It is known as Unspent Transaction Output. How does it work? Every time a user receives Cryptocurrency in their wallet, a new UTXO is created in that amount. Now all UTXO in the wallet and the crypto amount adds up to show the amount each crypto wallet holds.

« Back to Glossary Index

Check Also

etoro-review

eToro Review: A Guide To Trading On The Popular Platform

If you’re looking to invest in the stock market or cryptocurrency, eToro might be the …