Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
UTXO Database
The Beginner’s Guide to Unspent Transaction Output (UTXO)
Unspent Transaction Output (UTXO) has sparked numerous debates within the crypto community. Although UTXO presents some disadvantages, it is necessary to complete blockchain transactions successfully. Therefore, the UTXO model is a fundamental pillar of several blockchains, including Bitcoin. This article explores UTXO in-depth and includes everything you need to know. It highlights what it is and how it works before discussing the advantages and disadvantages. UTXO Defined: What is it? UTXO stands for Unspent Transaction Output. It refers to the…
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