Best way to learning about blockchain & crypto knowledge for free here 1 questions
Could you elaborate on the concept of UTXOs in the context of Bitcoin's ledger system? I'm curious to understand how these Unspent Transaction Outputs function as the fundamental building blocks of <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> transactions. Specifically, how do they represent the remaining value of previous transactions that haven't been spent, and how do miners utilize them to create new blocks on the blockchain? Additionally, what are the implications of UTXOs for the security and scalability of the Bitcoin network?
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