This article explores the UTXO mechanism in cryptocurrency, detailing its fundamental concept and importance in transaction management, with particular emphasis on Bitcoin. It contrasts the security, scalability, and privacy potential of the UTXO model against account-based systems, such as Ethereum. Readers will understand how UTXO enhances verification, prevents double-spending, and secures transactions through cryptographic proofs, benefiting digital asset management. Targeting crypto users and developers, the article's structure offers insights into UTXO's unique advantages and implementations. Keywords: UTXO, Bitcoin, blockchain security, transaction verification.
11/24/2025, 3:07:29 AM