Alexander Codesalexandercodes.hashnode.dev·Apr 20, 2024Simulating UTXOs on AlgorandIntroduction There are two main accounting models used in blockchains: the UTXO model and the account model. The former is used by Bitcoin and Cardano; the latter is used by Ethereum, Algorand, and most other blockchains. Let's see if we can use Pyth...Kardo Locksmith and 2 others are discussing this3 people are discussing thisDiscuss·10 likes·211 readsalgorand
Rasel mahmudprogramming-dude.com·Apr 18, 2024What is UTXO in Blockchain?In the blockchain world, specifically in cryptocurrencies like Bitcoin, UTXO stands for Unspent Transaction Output. Here's a simplified explanation: Imagine you have a piggy bank full of coins (these represent the UTXOs). Each coin has a value, like ...DiscussBitcoin
CryptapeforCryptape Jungleblog.cryptape.com·Apr 2, 2024Payment Channel Networks on UTXO BlockchainsThis post was originally a talk delivered at Bitcoin Singapore 2024. Yunwen Liu is a cryptographer at Cryptape. She completed her Ph.D at COSIC, KU Leuven. She published 20+ research papers in venues including Eurocrypt and Journal of Cryptology. She...Discuss·112 readsTalksBlockchain technology
Akash Pawarakashpawar.hashnode.dev·Feb 26, 2024UTXOs in BitcoinUTXO Model (Unspent Transaction Output) Used to keep track of the Transactions in Bitcoin Understand it with simple example let's say your money comes in puzzle pieces. Each piece represents a certain amount of money, like $1, $5, or $10. Now, let's ...DiscussBitcoin
D Ozgur Cakirkayadocak.hashnode.dev·Sep 5, 2023Understanding Bitcoin's UTXO Structure, Transaction Scripts, and RBF/CPFP OperationsLet's delve into the fascinating world of Bitcoin and explore its UTXO structure, transaction scripts, and the intriguing operations of RBF (Replace-by-Fee) and CPFP (Child-Pays-for-Parent). Understanding Bitcoin's UTXO Structure UTXO stands for Unsp...Discuss·33 readsBTC
D Ozgur Cakirkayadocak.hashnode.dev·Jun 26, 2023🌟 Bitcoin: A Technical Overview 🌟Bitcoin, created in 2009 by an anonymous person or group known as Satoshi Nakamoto, is a digital currency based on a peer-to-peer network. This article provides a technical overview of Bitcoin, exploring its key components and functionalities. Unders...DiscussBTC
Emre Aslanemreaslan.hashnode.dev·Apr 30, 2023Double Spending Problem But Through The Eyes of Satoshi and VitalikWhat is the Double Spending? Double spending is a problem that exists in digital currencies like Bitcoin. However, the double spending problem is not limited to digital currencies. Some online payment methods may face the risk of double spending, lik...Discuss·88 readsdouble spend
Otobong Peterfor3weblabs3weblabs.hashnode.dev·Mar 4, 2023A Simple Guide to Understanding Ledger Models, UTXOs and EUTXOs in Blockchain TechnologyPhoto by Stanislaw Zarychta on Unsplash Background Basic finance begins with the knowledge of the mechanisms that enables us to classify transactions as either credits or debits. And the summation of the debit and credit columns provides a balance on...DiscussBlockchain
Maithali Ghardemaithaliblock.hashnode.dev·Dec 15, 2022Transaction and UTXOsTransaction In the context of blockchain technology, a transaction is a transfer of value between two or more parties. This transfer is facilitated by the use of a digital ledger, known as the blockchain, which records and verifies the transaction. U...Discuss·41 readsBlockchain
lumungemindweb.hashnode.dev·Aug 25, 2022Bitcoin Transactions and Their Life Cycle.The main purpose of the Bitcoin blockchain is to enable participants to be able to exchange value between themselves, other features are meant to make sure that transactions are validated, secure, and immutable among others. Programatically we can th...Discuss·86 readsbitcoin transactions