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Blockchain Basics: Unspent Transaction Output (UTXO) Explained!

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Blockchain Fundamentals: Unspent Transaction Output defined merely. The UTXO is a technique of maintaining stability, avoiding double spend, and sustaining chain of possession in a decentralized transaction ledger made well-known by bitcoin, and later, Litecoin, DigiByte is a essential subject to know for blockchain newbies. On this collection of blockchain defined for newbies, a few of the most frequently missed “how does blockchain work” matters might be addressed.

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