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Concept

Combining and Splitting Value

To allow value to be split and combined, transactions on the bitcoin network contain multiple inputs and outputs. There will usually be a single input from a larger previous transaction or multiple inputs combining smaller amounts, and at most two outputs: one for the payment, and one returning the change to the sender.

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Updated 2021-10-20

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Cryptoeconomics

Economics

Social Science

Empirical Science

Science

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