Coin age mechanism implementation method for UTXO architecture
An implementation method and technology of currency age, applied in the field of blockchain, can solve the problems of network centralization, unfavorable network circulation, unable to provide legal inspection mechanism, etc., to achieve the effect of improving enthusiasm and increasing liquidity
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[0043]In order to enable those skilled in the art to better understand the technical solutions in the embodiments of the present application, firstly, some terms in the embodiments of the present application are explained to facilitate the understanding of those skilled in the art.
[0044]UTXO (Unspent Output Transacition, unspent transaction output), in the UTXO pool, all transactions start from the creation transaction (the reward obtained when the creation block is born) and continue continuously, forming a unique tree shape Structure, all legal transactions can be traced back to the output of one or more forward transactions. The source of each node in these tree transaction structures can be traced back to the creation transaction, and the last node transaction is the current unspent transaction Output, each transaction has several transaction inputs, which is the source of funds, and several transaction outputs, which is the destination of funds. Generally speaking, each transac...
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