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What is a Transaction Output? The transaction output is the selected amount of DigiBytes that is transacted. The transaction output is exact. This means an output is the exact required amount of DigiBytes that is going to be sent with the outgoing transaction and will not require the total funds available from the comprised UTXO's. $DGB #DigiByte

What is a Transaction Input? The input needs to be (at least) enough to cover the charge (cost) entered by the user. This can be comprised of 1 or several UTXO's, depending on their balance and the cost. This is a method called non-exact, meaning the input is not the exact same amount as the required output. A transaction input is always the entirety of one or several UTXO's. #DigiByte

An unspent transaction output (UTXO) is the technical terminology for the amount of cryptocurrency, in this specific case, #DigiByte, remains after a transaction has taken place. Each time you perform a transaction, a check is made to see how much of a currency is left unspent. You can view the UTXO as the change that is returned to you after you have paid for something with a larger bill than the price. Each transaction requires both what is known as an Input and the Output. This is what is commonly known as double-entry accounting.

What is a Merkle Root? #DigiByte A Merkle root is a cryptographic hash that summarizes the data in a Merkle tree. A Merkle tree is a data structure that allows efficient verification of the contents of a large data set. It is used in blockchains to verify the authenticity and integrity of transactions. The Merkle root is calculated by recursively hashing pairs of nodes in the tree until only one node is left. This node, the root node, is the Merkle root. For example, let's say we have a Merkle tree with four leaves, each containing the transaction hash. The first step is to hash the two leaves at the bottom of the tree. This gives us a hash of two hashes called a parent hash. The next step is to hash the two parent hashes. This gives us another parent hash, and so on. This process continues until only one hash is left, the Merkle root. The Merkle root can be used to verify the authenticity of a transaction by comparing it to the Merkle root of the block that contains the transaction. If the two hashes match, then the transaction is authentic. The Merkle root is also used to verify the integrity of a block. If the Merkle root of a block is changed, then the hashes of all the transactions in the block will also change. This would make it evident that the block has been tampered with. The Merkle root is an essential part of blockchain technology. It allows for secure verification of transactions and blocks., then the hashes of all the transactions in the block will also change. This would make it obvious that the block has been tampered with. The Merkle root is a very important part of blockchain technology. It allows for efficient and secure verification of transactions and blocks.

What is a Mempool? The memory pool, or mempool, is a sort of temporary database, and is the first stop for a new transaction, where they sit in queue awaiting a miner to verify it. Once a transaction is verified, otherwise known as “mined”, the transaction leaves the mempool and gets broadcasted onto the network in the currently comprising block. On average, the #DigiByte blockchain verifies a block every 15 seconds. That means that when a block has reached its storage capacity, transactions must sit and wait in the mempool for the next available block.

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#DigiByte hashrate continues to trend higher. 👀

Be the change you want to see in the world. #DGB

21B hard cap. #DigiByte

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Let's keep starting up #DigiByte nodes.

Thank you for securing the #DigiByte blockchain @DGBarchie ! 🔐

Great work! @Cardon_Saguaro @LTLovesdigi

Thank you @LTLovesdigi and @Cardon_Saguaro ! $DGB

Thank you to all the #DigiByte contributors setting up nodes and seeders. 💙

Happiness has an expiration. Seek joy instead. #DigiByte 💙

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Ignore the noise. #DigiByte