
#451: UTXOracle with Steve Jeffress & Daniel Hinton
TFTC: A Bitcoin Podcast
00:00
Understanding UTXOs and the Bitcoin blockchain
This chapter delves into the basics of UTXOs (Unspent Transaction Outputs) and their significance in the Bitcoin blockchain. The speakers explain how UTXOs are used in economic transactions, destroyed after use, and how change is received. They also discuss the challenges of visualizing UTXO data and highlight the power of data visualization in understanding the blockchain.
Transcript
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