Term

Output

A spendable unit of cryptocurrency created by transactions; referenced as an input when later spent.

Type:
blockchain
Also known as:
UTXO
1
basic

Outputs are discrete chunks of value created by transactions. Each output can be spent once by referencing it as an input in a future transaction that satisfies its locking script.

Example 1.1

"Receiving 0.5 BCH creates a new output in your wallet. Spending 0.3 BCH consumes that output and creates change as a new output."

All terms and definitions may update as the Cryptionary improves.