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Andrew Stone
7 lines
502 B
Markdown
7 lines
502 B
Markdown
<!-- TITLE: UTXO Set -->
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<!-- SUBTITLE: Unspent Transaction Output Set -->
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The UTXO set contains information that describes the current spending constraints on every coin in the blockchain at a particular moment (generally "now"). This information is used to determine the validity of new transactions, and to report information such as wallet balances.
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This data is extracted from the blockchain, which contains the full history (all transfers, spent or unspent) of all coins since their creation.
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