Glossar

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U

UTXO (Unspent Transaction Output)

A model used in Bitcoin and other cryptocurrencies to track ownership and amounts of unspent funds.

Uniswap

A popular decentralized exchange (DEX) built on Ethereum, known for its automated market-making (AMM) system.

Unspent Transaction Output (UTXO) Model

A transaction model used by Bitcoin and other cryptocurrencies, where each transaction consumes and creates new UTXOs.