In block explorer, what does "Not yet redeemed" mean?

+1 vote

I'like to know what "Not yet redeemed" means in Outputs of Transaction section of block explorer.



asked Nov 8, 2017 by anonymous

1 Answer

+1 vote
Best answer
It means that no later transaction has yet 'spent' this previous transaction output. MultiChain uses the bitcoin style of transaction model, commonly known as UTXO (unspent transaction outputs), where each transaction has inputs and outputs, and each input spends a previous transaction's output.
answered Nov 9, 2017 by MultiChain