The Rabbit Hole on Nostr: NEW: #Bitcoin total number of UTXOs skyrocketed to a new all time high in May, ...

NEW: #Bitcoin total number of UTXOs skyrocketed to a new all time high in May, signalling rising net adoption. 🔥

UTXOs, or Unspent Transaction Output, are the building blocks of the #Bitcoin accounting system. The balance you see on your wallet is actually composed by these smaller amounts of #Bitcoin.

UTXOs are the form in which #Bitcoin travels through the cyberspace. The more there are, the more the network is vibrant and growing 🙌