Understanding Bitcoin UTXOs and Consolidation
Recently I’ve been learning about Bitcoin and Cryptocurrencies and how they work, and there’s so much interesting things I’ve come across. One of those things is UTXOs and Consolidation, and I feel like this is one of the most important concepts to grasp for any beginner bitcoiner before it’s too late. What is a UTXO UTXO stands for “Unspent Transaction Output” and put it simply, it’s your money, the coins you haven’t spent yet (unspent)...