Blockchain-Grundlagen

UTXO selection

A Bitcoin transaction consumes prior outputs and creates new ones.

Reference note · Sources below

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Overview

A Bitcoin transaction consumes prior outputs and creates new ones.

Coin selection changes fees, privacy and change outputs.

Trace complete inputs and outputs instead of account-style assumptions.

Chains und Netzwerke

Transaction structure helps explain execution, but cannot validate a project's promises.

Blockchain-Grundlagen

Signing, broadcasting, inclusion and finality are distinct events.

Blockchain-Grundlagen

Inputs consume earlier outputs; new outputs define who can spend the resulting amounts.

Blockchain-Grundlagen

The schedule changes new issuance; it does not program a market return.