Bitcoin Doesn’t Have Balances. It Has UTXOs.
By mordom Open your wallet and you see a number.0.42 BTC.1.8 BTC.0.003 BTC. It looks like a bank account. A single balance that belongs to you.But that number does not exist on the blockchain. Bitcoin does not track accounts or balances per address. There is no global registry that says “this address owns X”. What…