This content applies to WaaS 1.0 only. We highly recommend that you upgrade to WaaS 2.0.
- Transactions on a UTXO-based blockchain consist of inputs and outputs. Each input refers to a specific UTXO (unspent transaction output) from a previous transaction. When you create a new transaction, you use one or more UTXOs as inputs, and you can specify different destination addresses (i.e., the ‘to’ address) for the outputs.
- When you spend a fraction of a UTXO, the remaining amount needs to be sent back to you. This is typically done by including one of your own addresses as a “change address” in the transaction. This change address receives the remaining funds that are not sent to the destination addresses.
