Cryptocurrency Q&A
How do you calculate Bitcoin quantity?
How do you calculate Bitcoin quantity?
Raffaele
Mon Dec 02 2024
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7 answers
1227
I'm trying to figure out how to calculate the quantity of Bitcoin. Is there a specific formula or method I should use to determine this? I'd like to know the exact amount of Bitcoin I have.
7 answers
RiderWhisper
Wed Dec 04 2024
The quantity of BTC in a Bitcoin address is determined by aggregating the values of all unspent transaction outputs (UTXOs) linked to that address.
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lucas_jackson_pilot
Wed Dec 04 2024
Understanding this process requires knowledge of how UTXOs function within the Bitcoin network.
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Lucia
Wed Dec 04 2024
In every Bitcoin transaction, UTXOs are both created and consumed.
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Valentina
Tue Dec 03 2024
When a user sends BTC to another address, the transaction creates new UTXOs for the recipient.
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Riccardo
Tue Dec 03 2024
Meanwhile, the UTXOs belonging to the sender that are spent in the transaction are marked as used and cannot be spent again.
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