Cardano UTxO

(Unspent Transaction Output)

What is a transaction on Cardano?

Anything that modifies the ledger.

What is an unspent transaction Output?

The tip of what the ledger says is the truth.

Where do UTxOs live on the hierarchy chain?

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses

UTxOs live at the very bottom of the hierarchy chain.> You have your wallet (Ex: Daedalus) > Public/private keys that are derived from your wallet's root key > Receiving addresses are derived from public keys > Underneath addresses are UTxOsUTxOs are assigned to given addresses