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@clementinemoney
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24 Nov 2022
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on: Bitcoin UTXOs: Explained for Beginners
bitcoin
This article has been updated to fix an error pointed out by one of our readers!
The error:
Miner fees are not UTXOs! They are just the leftover amount from each transaction after outputs are accounted for. They are paid to miners as part of the coinbase transaction.
New diagram:
https://www.clementinemoney.com/content/images/2022/11/Bitcoin-Transaction-1-.png
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The error:
New diagram: