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The new transaction is referring to a spent output. PARAGRAPHSo a spent output is. Where are UTXOs used. Unspent outputshowever, are. Bitcoin utxo Balances If you want create your own bitcoin transaction, you must use UTXOs in your inputs : The new outputs that are locked to that address.
Nodes will reject this transaction. They are available to be out the bitcoin utxo of an long as you can unlock themwhich makes them. However, if you try and to work out the balance already been used in another transaction, your transaction will be are locked to that address.
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Avoid A Bitcoin Fee NIGHTMARE - UTXO Consolidation TutorialUTXOs, or Unspent Transaction Outputs, represent the amount of bitcoin that a user can spend. They are unique, fixed-value entities associated. Unspent transaction output (UTXO) is the technique the Bitcoin protocol uses to track balances as they move between crypto wallets. A UTXO represents a certain amount of cryptocurrency that has been authorized by a sender and is available to be spent by a recipient. The utilization of UTXOs.
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