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
Byzantine Generals’ Problem
A term used to describe the situation a single strategy which requires consensus from all members within a group who cannot be trusted or verified
PFP
It means both 'profile pic' and 'picture for proof'.
InterPlanetary File System (IPFS)
The InterPlanetary File System (IPFS) is a peer-to-peer network and distributed file system protocol for storing and transferring data.
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
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