Smart Contracts With UTXOs As mentioned before, Fuel adopts a UTXO data model....In Bitcoin, the state is described as a UTXO set where each UTXO represents a particular state element...The difference is that some of these UTXOs are coin UTXOs and others are contract UTXOs....contract UTXO? ...

UTXO Model UTXO stands for unspent transaction output....What does it even mean to consume a UTXO?...condition (exclusive owner for each UTXO) Contract UTXOs – Contract UTXOs additionally also have code...spending condition A transaction consuming a contract UTXO creates a new contract UTXO with the same...

Bob’s wallet ****holds a single UTXO with 5 coins....Each UTXO has a unique nullifier derived through itself....The UTXO model used by Zcash heavily inspires the UTXO model used in dark pools....through a Merkle tree called “Bus” that processes UTXOs in batches with up to 64 UTXOs in each batch...

As mentioned before, Fuel adopts a UTXO data model....Smart contracts with UTXOs are long believed to not be practical....As the first tx consumed the UTXO, all the subsequent txs targeting the same contract UTXO failed because...the said contract UTXO no longer existed....When initiating a tx, users sign over the contract ID and not the contract UTXO.

The idea here is that UTXOs in profit are more likely to sell to realize their gains....Additionally, UTXO profit doesn’t account for users who capitulate and take the loss....However, despite its shortcomings, BTC holders shouldn’t ignore UTXO profitability....As of Q1 2023, we see that the percentage of UTXOs in profit has hovered around 70%-80%.

Note: Long Term Holder is defined as UTXO with a minimum lifespan of 155 days a Long Term Holder (LTH...Short Term Holders (STHs) are defined by all UTXOs with a lifespan of fewer than 155 days.

Note that Glassnode categorizes long-term holders as UTXOs that have not moved coins for more than 155...Short term holders are UTXOs that moved coins within the last 155 days.

Runes operate on a UTXO (Unspent Transaction Output) basis, where during a Bitcoin transaction, the Rune...balance on input UTXOs is by default transferred to a new UTXO upon the destruction of the one holding...BRC-20s create a lot of unused UTXOs....In order to spend Runes, you have to destroy UTXOs, which is good for the system as a whole.

Beyond its UTXO model and parallel execution, Fuel promotes state-minimized designs that preserve the...A key innovation in Fuel’s design is its implementation of the UTXO (Unspent Transaction Output) model...Fuel’s multi-asset UTXO model supports handling diverse tokens across all these methods....For developers, it’s a playground of parallel processing and UTXO magic.

Interestingly, over 85% of bitcoin UTXOs are still in profit; price bottoms following historical drawdowns...of similar magnitude tended to coincide with a drop in the % of profitable UTXOs to at least ~55%.

Note: Glassnode categorizes long-term holders as UTXOs that have not moved coins for more than 155 days...Short-term holders are UTXOs that moved coins within the last 155 days.

Market cycle forecasts leveraging UTXO analysis, institutional demand, and a conducive macro backdrop...

...their due diligence process when assessing an allocation to bitcoin for their clients (we even dug into UTXOs...

Market cycle forecasts leveraging UTXO analysis, institutional demand, and a conducive macro backdrop...

The percentage of UTXOs in profit, for example, is just above 95% after reaching 100% in early January...

Unlike other networks like Ethereum, Monad, and Solana that use an account based model, Fuel uses the UTXO...Unlike the account model, where accounts hold balances and internal contract logic, UTXOs are independently...The use of native assets and a UTXO-based transaction model eliminates the unnecessary state changes...

We typically associate the movement of older UTXO’s as intention to sell, as it’s a trend that’s been...

We typically associate the movement of older UTXO’s as intention to sell, as it’s a trend that’s been...

One of the key indicators that gave us such conviction was our analysis on UTXO trends, specifically...

Furthermore, the yellow bar in the chart represents the UTXO Floor for % of Supply Last Active 1+ Years...Building off this assumption, a bottom forming on the 1+ year ago UTXOs confirms the end of profit taking...