{"p":"can-20","op":"mint","tick":"can","amt":"1000","rows":[{"df":"qa","content":[{"q":"Before initiating a new transaction, why is it important to have a fundamental understanding of the Bitcoin UTXO system?","a":"Before initiating a new transaction, it is essential to have a fundamental understanding of Bitcoin's UTXO (Unspent Transaction Output) system. As UTXO is a core component of Bitcoin transactions, it helps to comprehend Bitcoin's decentralized features, transaction processes, and currency supply control. Having a basic understanding of UTXO allows for better grasping of Bitcoin's value, circulation, and ownership changes.↵↵Bitcoin's UTXO model is a ledger system that records all transactions within the Bitcoin network. Whenever a transaction occurs, a new UTXO is generated, representing the unused Bitcoin amount that the recipient can utilize. This model enables Bitcoin to achieve decentralization, ensuring that no single entity controls the network. Additionally, it enables transparent and secure transactions, as each UTXO is tied to a specific wallet and can be traced back to its origin.↵↵By understanding the UTXO model, users can better manage their"}]}],"pr":"ee721a6ede07f44354257426193da85eb2592d4611fe1f551f1e24b3c90ffd43"}