Glossary
UTXO
Unspent transaction output—the accounting model used by Dogecoin and Bitcoin; inscriptions attach to controllable coin fragments.
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A UTXO (unspent transaction output) is a discrete chunk of cryptocurrency that can be spent as an input to a new transaction. Dogecoin and Bitcoin both use UTXO accounting rather than account balances like Ethereum.
Doginals-style inscriptions are associated with specific outputs. Transferring an inscribed asset generally means spending the UTXO that carries it (plus fees), which is why inscription-aware wallets matter: a naive wallet may mishandle or fail to display inscribed outputs.
See: How Doginals work.