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ch06: the underlying transaction->the parent transacion
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@ -204,7 +204,7 @@ In Alice's transaction, the input points to the transaction ID:
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and output index +0+ (i.e., the first UTXO created by that transaction). The unlocking script is constructed by Alice's wallet by first retrieving the referenced UTXO, examining its locking script, and then using it to build the necessary unlocking script to satisfy it.
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and output index +0+ (i.e., the first UTXO created by that transaction). The unlocking script is constructed by Alice's wallet by first retrieving the referenced UTXO, examining its locking script, and then using it to build the necessary unlocking script to satisfy it.
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Looking just at the input you may have noticed that we don't know anything about this UTXO, other than a reference to the transaction containing it. We don't know its value (amount in satoshi), and we don't know the locking script that sets the conditions for spending it. To find this information, we must retrieve the referenced UTXO by retrieving the underlying transaction. Notice that because the value of the input is not explicitly stated, we must also use the referenced UTXO in order to calculate the fees that will be paid in this transaction (see <<tx_fees>>).
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Looking just at the input you may have noticed that we don't know anything about this UTXO, other than a reference to the parent transaction containing it. We don't know its value (amount in satoshi), and we don't know the locking script that sets the conditions for spending it. To find this information, we must retrieve the referenced UTXO by retrieving the parent transaction that contains it. Notice that because the value of the input is not explicitly stated, we must also use the referenced UTXO in order to calculate the fees that will be paid in this transaction (see <<tx_fees>>).
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It's not just Alice's wallet that needs to retrieve UTXO referenced in the inputs. Once this transaction is broadcast to the network, every validating node will also need to retrieve the UTXO referenced in the transaction inputs in order to validate the transaction.
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It's not just Alice's wallet that needs to retrieve UTXO referenced in the inputs. Once this transaction is broadcast to the network, every validating node will also need to retrieve the UTXO referenced in the transaction inputs in order to validate the transaction.
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