UTXO
Description
UTXO stands for An Unspent Transaction Output. It is one of the key concepts in bitcoin design and it is closed related to modern "payment, settlement, clearance" process in financial system.
In the academic world, it is an important research direction to limit the size or even make the storage size constant. One promising technique is RSA accumulator. Stanford University professor introduced novel solution in his paper “Batching Techniques for Accumulators with Applications to IOPs and Stateless Blockchains” coauthored with Benedikt Bünz and Ben Fisch.
UTXO stands for An Unspent Transaction Output. It is one of the key concepts in bitcoin design and it is closed related to modern "payment, settlement, clearance" process in financial system.
In the academic world, it is an important research direction to limit the size or even make the storage size constant. One promising technique is RSA accumulator. Stanford University professor introduced novel solution in his paper “Batching Techniques for Accumulators with Applications to IOPs and Stateless Blockchains” coauthored with Benedikt Bünz and Ben Fisch.