Edited ch06.asciidoc with Atlas code editor

7 years ago · 59d45a511b
parent 33bcb1c37c
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@ -88,7 +88,7 @@ What comes first? Inputs or outputs, the chicken or the egg? Strictly speaking,
 [[tx_outs]]
 ==== Transaction Outputs

-((("transactions", "outputs and inputs", "output parts")))((("outputs and inputs", "output parts")))Every bitcoin transaction creates outputs, which are recorded on the bitcoin ledger. Almost all of these outputs, with one exception (see <<op_return>>) create spendable chunks of bitcoin called UTXO, which are then recognized by the whole network and available for the owner to spend in a future transaction.
+((("transactions", "outputs and inputs", "output components")))((("outputs and inputs", "output parts")))Every bitcoin transaction creates outputs, which are recorded on the bitcoin ledger. Almost all of these outputs, with one exception (see <<op_return>>) create spendable chunks of bitcoin called UTXO, which are then recognized by the whole network and available for the owner to spend in a future transaction.

 UTXO are tracked by every full-node bitcoin client in the UTXO set. New transactions consume (spend) one or more of these outputs from the UTXO set.