What is the meaning of 'blanc' in the context of cryptocurrency?
Ela BougdarDec 24, 2021 · 3 years ago3 answers
In the context of cryptocurrency, what does the term 'blanc' refer to and how is it used?
3 answers
- Dec 24, 2021 · 3 years agoIn cryptocurrency, the term 'blanc' refers to a type of transaction that has no value or amount associated with it. It is often used to represent a placeholder or empty value in a transaction. For example, if a transaction includes multiple inputs and outputs, but one of the outputs has no value assigned to it, it can be represented as a 'blanc' output. This is different from a transaction with a value of zero, as 'blanc' indicates that the output is intentionally empty or placeholder.
- Dec 24, 2021 · 3 years agoWhen it comes to cryptocurrency, 'blanc' is a term used to describe a transaction output that has no value assigned to it. It is essentially an empty or placeholder output. This can be useful in certain scenarios, such as when creating complex transactions with multiple inputs and outputs. By including a 'blanc' output, it allows for flexibility and future modifications to the transaction. It's important to note that 'blanc' outputs are different from outputs with a value of zero, as 'blanc' signifies intentional emptiness.
- Dec 24, 2021 · 3 years agoIn the context of cryptocurrency, 'blanc' refers to a transaction output that has no value associated with it. It is commonly used as a placeholder or empty output in transactions. This can be useful in various situations, such as when creating multi-input, multi-output transactions where one of the outputs is intentionally left empty. By using 'blanc' outputs, it allows for future flexibility and modifications to the transaction without affecting the overall structure. It's worth noting that 'blanc' outputs are different from outputs with a value of zero, as 'blanc' signifies intentional emptiness rather than a specific value.
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