THE BLOCK JOURNAL · TOPIC

UTXOs

Follow the individual outputs behind a wallet’s balance.

Inputs consume earlier outputs and create new ones. That structure explains change, the difference between a payment and total output value, and why one address is not a complete wallet report. Start with the worked examples and then inspect the same fields in an explorer.

ANOTHER ANGLE

More topics to explore.

Follow a different thread through Bitcoin’s public data and the tools around it.