What Are UTXOs And Why Do They Matter In Bitcoin ?
For those who are new to Bitcoin and are now discovering OroBit, who engages in Bitcoin Layer 2 and tokenized assets, understanding UTXOs ( Unspent Transactions Outputs) is essential.
What Is UTXOs ?
Think of it like a digital cash in your wallet.
Bitcoin doesn't track balances. It tracks these individual "coins" you have received but haven't yet spent.
Your Wallet Balance ? Just a sum of your UTXOs.
How They Work :
You receive BTC - You get UTXOs.
You send BTC - You spend that UTXOs, and any leftover value comes back to you as a new one.
Transactions simple reshuffle these digital "coins."
Why It Matters, especially with OroBit:
OroBit leverages UTXO mechanics to enable more transparent, auditable and modular structures in Bitcoin-Native asset tokenization.
Benefits:
Precise ownership and security.
Scalability through parallel Validation.
That means faster settlement, easier compliance, and Native Bitcoin-Layer compatibility - all powered by UTXOs.
Understanding this key 🗝️ principle is the foundation of decentralized finance on Bitcoin.🛜
orobit.ai is the official website for OroBit Incorporation.
wallet.orobit.ai Is the first ever Bitcoin custodial wallet powered by Bitcoin Native Blockchain 🛜