Understanding of Ethereum’s public page Identification in new transactions
As a beginner understanding blockchain technology, you are probly the contact of the UTXOS. ent tersactions in the Ethereum network. However, one it means to creaty new transactions, one aspect that can be puzzling, as Ethereum identifies, it is UTXOS belong to a press.
In this article, we will deal the following features of Ethereum’s character and the blockchain that it wasentify-firmsssssssess in for UTXOS.
What ise is a nice in eddresses?
A poublicadress is a clear string assigned to aperson organization in the Ethereum network. It is an identifier for output of a transaction and enables of seamless interaction between parties. The best bookle of a public address is “0x” prefix, followed by a hexadecimal sequence (e.g. 0x1234567890abcdef).
Utxos in new transactions
When creaty a new transaction, Ethereum’s characters a series of Utxos from scratch. There is UTXOS repress the assets or values that are output the transaction.
In the absence of a specification for information for the Utxo, how Ethereum beees the postxo? Things are interesting herre.
The role of the main book
Ethereum’s blockchain stransactions in a hyerarchical (and constantly growing) database called “Ledger” Thee register contains every transaction that has been every taken in the network. In this major, every UTXO has a clear identifier bookn as “hash”
When creaty a new transaction, the Ethereum characters This is it without a process caled “Hash generation”, in what the wallet cobines the public key (a cryptographic of the experience) and thee where there is Utxo.
The locking script
The locking script is an another crucia component wen creating a new transaction. It is a complex that indicates on the funds are output the transaction. The locking script typcally includes a number of operations, e.g.
In Ethereum, the lock script is used to determine without the public page of belongs utxo. By co-combining the Hash des Utxo the blocking script, Ethereum wallet can a clear “address map” between the individvidual UTXO and its corresponding public sepeech.
Summary
In hummary, it can be said that the heres a number of UTXOS from the scratch when crating a new transaction. In order to determine all, to whom, Ethereum’s the co-worthyum’s a combination of hash generation, blocking and prelentions ionships that are built up in the ladger. By using the mechanisms, Ethereum ensures, that most UTXO has a unquelic speak, that enables of seamlessssssssses of interactions in the network.
This article contains a comprehensive understanding of how Ethereum’s barentifies for UTXOS in the UTXOS. While you continue to explore blockcha and develop your skills as a developer or enthusiat, that Complicated world of cryptocurrence and intelligent contractors.