Blockchain Basics: Unspent Transaction Output (UTXO) Explained!

Blockchain Basics: Unspent Transaction Output explained simply. The UTXO is a method of keeping balance, avoiding double spend, and maintaining chain of ownership in a decentralized transaction ledger made famous by bitcoin, and later, Litecoin, DigiByte is a critical topic to understand for blockchain beginners. In this series of blockchain explained for beginners, some of the most often overlooked β€œhow does blockchain work” topics will be addressed.




πŸ’Έ Donations and Tips: Always appreciated, never expected ❀

🎁 BTC: 3KvKTW42fa8uzejSAXJuYKcw4iu9ao6aek
🎁 ETH: 0x6b7d8DC93556ab8bC9f35f0028Ab01586746DBCd
🎁 BAT: 0xF11adaaeA5205ce29eDf1905D0A20C6617286342


Get a KeepKey hardware wallet here:
Get a Ledger Nano S & Nano X Here:
Get a Trezor Model T wallet here:
Get a Trezor One wallet here:


πŸ”Ί This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. Most often, I include links to products when I do product reviews, but I will never push a product I do not use myself and totally believe in! Thank you.

πŸ›‘DISCLAIMER: The information in this video is an opinion and is for informational purposes only. It is not intended to be investment advice, nor does it represent any entity’s opinion but my own. Seek a duly licensed professional for investment advice. I am not guaranteeing you gains on your investment and the content I produce is my own personal approach, opinion and strategy in this highly speculative market.


I am @hashoshi4, let’s hang out!


[description for the robots with keyword tags here]

#Hashoshi #HashNation

30 gedachten over “Blockchain Basics: Unspent Transaction Output (UTXO) Explained!”

  1. Thanks for the video..i sent $34btc to my wallet about 3days ago still haven't received it yet..what do i do or is it lost..i try tracking btc it shows me unspent

  2. Transaction invalid: some outputs that it attempts to spend have been already spent or are no longer valid.
    ^I don’t know what that means it keeps popping that up on my blockchain explore hash

  3. Hello can you please tell me what to do when i get dust utxo error in trust wallet

  4. Thanks for the video but my question is how do you get back the unspent back to the wallet

  5. Great explanation! Simple and concise. Thank you!

  6. I know this is from 2 years ago but with all the FUD right now with concurrency and UTXO, this is a great help in understanding the model. I hope you put something out expounding on this further.

  7. OMG this is the best explanation of UTXO I ever hear. Thanks.

  8. I'm here trying to understand the UTXO Cardano fud on 9/4/2021.

  9. So their broken up transaction. Thank you I had 4 utxo's and was not sure where it came from.

  10. some graph would help to understand it…lost in details…

  11. I'm still struggling to wrap my head around a couple things:
    1. What determines the size of a UTXO?
    2. Why are transactions not exact? Why are UTXO's necessary in the first place? for example why spend .6 BTC to buy .5 BTC and get .1 back when the system can just spend .5 BTC and get nothing back? …is this maybe to ensure that fluctuating transaction fees are fulfilled?

  12. The reason that there are still dislikes on this video, not because the explanation is unworthy but because the lack of substantial visualization

  13. How long does it take for the 'refund' to appear in my wallet?

  14. Hello.
    I'm still a bit confused, because I am currently in a situation where someone set me BTC worth $20 and i am getting the utxo option.
    Please help

Reacties zijn gesloten.