what does btc output spent mean

Last Updated on March 21, 2023 by Paganoto

A Guide to Transaction "Outputs" in Bitcoin

A Guide to Transaction "Outputs" in Bitcoin

Once again, the outputs that were used as inputs have been “spent”, and can't be used again. The “unspent” outputs however are still good for spending, so we call these the unspent transaction outputs (UTXOs). The total number of bitcoins at an address is the sum of the address's UTXOs.

UTXO Model Definition – Investopedia

UTXO Model Definition – Investopedia

What Is the UTXO Model?

Unspent Transaction Output (UTXO) – Binance Academy

Unspent Transaction Output (UTXO) – Binance Academy

Unspent Transaction Output (UTXO) | Definition: An output created in a transaction, which must be referenced in a future transaction to spend funds.

Transaction – Bitcoin Wiki

Transaction – Bitcoin Wiki

Output. An output contains instructions for sending bitcoins. Value is the number of Satoshi (1 BTC = 100,000,000 Satoshi) that this output …

Unspent transaction output – Wikipedia

Unspent transaction output – Wikipedia

In cryptocurrencies, an unspent transaction output (UTXO) represents some amount of digital currency which has been authorized by one account to be spent by …

What is an "unspent output"? – Bitcoin Stack Exchange

What is an "unspent output"? – Bitcoin Stack Exchange

All funds in Bitcoin exist in the form of unspent transaction outputs (UTXOs): when users wish to spend bitcoins, their transaction explicitly states which …

How Do Bitcoin Transactions Work? – CoinDesk

How Do Bitcoin Transactions Work? – CoinDesk

There are three key variables in any bitcoin transaction: an amount, an input and an output. An input is the address from which the money is …

What are Inputs and Outputs? – Cointelegraph

What are Inputs and Outputs? – Cointelegraph

If you use an input, it will be considered spent, and that means you can’t use it again. In fact, once you use your own input and it is …

A Beginner's Guide on UTXO (Unspent Transaction Output)

A Beginner's Guide on UTXO (Unspent Transaction Output)

Interestingly, the concept is quite simple to understand. It is basically the result of transactions that a user receives and could spend in the …

5. Transactions – Mastering Bitcoin [Book] – O'Reilly

5. Transactions – Mastering Bitcoin [Book] – O'Reilly

Sending someone bitcoin is creating an unspent transaction output (UTXO) registered to their address and available for them to spend. UTXO are tracked by …