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 “how does blockchain work” topics will be addressed.
Hashoshi is a full-time decentralized application developer and an up and coming content creator in the blockchain & cryptocurrency space. On his YouTube channel, Hashoshi offers beginner-friendly educational content, unbiased project and product reviews, and a unique programmer’s viewpoint on current events in the world of cryptocurrency.
Hashoshi’s mission is to provide easy-to-understand educational content about even the most complex blockchain & cryptocurrency concepts, and in turn, to inspire people to join the charge towards mass adoption of this innovative technology!
You can find Hashoshi on social media via the links below:
“Believe you can, and you’re halfway there” ~Theodore Roosevelt
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