Quote from: franky1 on September 29, 2016, 09:47:30 AM

Quote from: imjose on September 29, 2016, 08:51:36 AM

Hi,

Can anyone please help with some documents to understand UTXO model..?

it simply means unspent transactions.
when you download the entire blockchain not only is the blockchain saved. but a second list is formed holding only the transactions that have not yet been spent/used.

think of it as a summary of the blockchain to help nodes make faster searches to validate any new transactions

What happened to arguing that UTXO validation was an altcoin? You can't pretend to understand what the UTXO does and also still push that propaganda, huh? Cheesy