BTC Update's avatar
BTC Update btcupdate.002008 7 months ago
What Is a #UTXO in Bitcoin? Understand how #Bitcoin tracks ownership and enables secure transactions. image How would you explain a UTXO to a friend using your own words? Drop your answer below! 👇

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PoW@MaX's avatar
PoW@MaX powmaxi@getcurrent.io 7 months ago
A UTXO is half of a Bitcoin transaction that holds the ownership of some coins. It includes a lock placed by the sender (locking script), which says, "Only someone with the right key can spend this." When you want to spend it, you add an unlocking script that proves you have the correct key.
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