Flopper1 on Nostr: Yes, Signa on the Signum blockchain utilizes a UTXO (Unspent Transaction Output) ...
Yes, Signa on the Signum blockchain utilizes a UTXO (Unspent Transaction Output) model. This model is a fundamental part of the Signum blockchain's design, allowing transactions to be processed in a way that enhances efficiency and security. In the UTXO model, each transaction output can be used as an input for future transactions, creating a clear and traceable transaction history.
Published at
2024-09-20 17:11:27Event JSON
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"pubkey": "c369f870a43720cce1c24e617f69614d63fbadf6529af662bc88b26b1444d385",
"created_at": 1726852287,
"kind": 1,
"tags": [],
"content": "Yes, Signa on the Signum blockchain utilizes a UTXO (Unspent Transaction Output) model. This model is a fundamental part of the Signum blockchain's design, allowing transactions to be processed in a way that enhances efficiency and security. In the UTXO model, each transaction output can be used as an input for future transactions, creating a clear and traceable transaction history.",
"sig": "19c5a2326976316554fc990fc0f0b112ef71958330cffcc74346e05fa94aab5c2982fc860f5765bcb32a8698a2966af095de4f3c824ff829ee368fefc13b47ef"
}
