Dec 8, 2022
What is UTXo and its role in Ethereum?
Unspent Transaction Outputs (UTXOs) are a fundamental concept in cryptocurrencies, serving as the building blocks for all transactions. In Ethereum, UTXOs represent individual account balances and serve as the inputs for new transactions. This guide will explain what UTXOs are, how they work in Ethereum, and why they are important.
What is a UTXO?
Why are UTXOs important?
How do UTXOs work in Ethereum?
What are its benefits?
What are its disadvantages?
Conclusion:
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