Unspent Transaction Output
By CoinGecko | Updated on Oct 26, 2020
An output of a blockchain transaction that has not been spent, and can be used as an input for new transactions.
Related Terms
Public Blockchain
An open sourced blockchain where participation is public and permissionless
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Utility Token
cryptocurrency tokens with specific utilities on a network besides being used as medium of exchange and investment vehicle.
Cold Storage
Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)
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