Beginner

Unspent transaction Output

When it comes to tracking and managing individual crypto balances there two different accounting models used by blockchain-based protocols.

  • Account/Balance model – Ethereum etc
  • Unspent Transaction Output (UTXO) model -Bitcoin,Litecoin etc

This tutorial is a good guide to the Bitcoin (UTXO) model

Bitcoin Addresses

There are various Bitcoin addresses e.g legacy addresses,vanity addresses. This tutorial is a good guide to these addresses including the somewhat confusing change address