which blockchains use utxo 
bitcoin litecoin and bitcoin cash are examples of blockchains that use the utxo model the bottom linethe unsigned transaction output model is used in some blockchains to keep track of token ownership a cryptocurrency is designed with a certain number of smaller increments so smaller units can be used in transactions utxos not account balances are what are tracked on these blockchains the comments opinions and analyses expressed on investopedia are for informational purposes only read our warranty and liability disclaimer for more info 