Blocking uneconomical UTXO creation



Summary:

In an email exchange on March 11, 2013, Michael Gronager discussed the purpose of unspent transaction outputs (UTXO) in relation to peer-to-peer (p2p) networks and distributed hash tables (DHT). He noted that the ultimate goal of UTXO is to transition from a p2p network where everyone stores, validates, and verifies everything to a DHT where these tasks can be shared. However, he also pointed out that these are separate concepts and should not be confused with each other.


Updated on: 2023-05-19T16:33:42.082467+00:00