The destination address or addresses for a Bitcoin transaction. Contains an amount to be sent and a script that allows further spending. The script usually contains a public key and a signature verification opcode. Only an owner of a corresponding private key is able to create another transaction that sends that amount further to someone else. In every transaction, the sum of output amounts must be equal or less than the sum of all input amounts.


Malone, J.A (2015). Glossary of Bitcoin Terms and Definitions. United States: Lulu Press, Inc

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