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
Mining Contract
Another term for cloud mining, where users can rent or invest in mining capacity online.
Soft Fork
A backward-compatible update to a decentralized blockchain protocol.
Consensus
Consensus is achieved in a blockchain system when all participants agree on the content of the next block that will be added onto the blockchain.
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.