Cryptocurrency Q&A
How many UTXOs are there in a bitcoin transaction?
How many UTXOs are there in a bitcoin transaction?
Tommaso
Sun Sep 08 2024
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7 answers
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Excuse me, but could you clarify something for me about Bitcoin transactions? I'm wondering, how many Unspent Transaction Outputs (UTXOs) can typically be found within a single bitcoin transaction? I understand that each UTXO represents a portion of bitcoin that has not yet been spent, but I'm unsure of the specific number that might be involved in a typical transaction. Could you enlighten me on this matter?
7 answers
SsamziegangSerenadeMelodyHarmony
Tue Sep 10 2024
Bitcoin transactions involve the creation of two Unspent Transaction Outputs (UTXOs): the primary output that represents the coins sent to the recipient, and a change output that is returned to the sender's wallet.
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EnchantedSky
Tue Sep 10 2024
This process ensures that the sender's entire balance is not used in a single transaction, allowing for the efficient distribution of bitcoin.
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Michele
Tue Sep 10 2024
The change output is a critical component of the transaction, as it allows for the sender to retain the remaining balance of their wallet.
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SakuraDance
Mon Sep 09 2024
The UTXO model of the Bitcoin blockchain ensures that every transaction is verifiable and secure, as it requires the use of private keys to unlock and spend the coins.
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CryptoLegend
Mon Sep 09 2024
The creation of two UTXOs in every transaction also adds a layer of complexity to the blockchain, making it more difficult for attackers to manipulate or alter the ledger.
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