Cardano has over 40 network parameters. Parameters are the mechanisms that control how the Cardano Blockchain works.

Today we will be digging into a parameter that comes into play every time you interact with your Cardano blockchain account: min_utxo_value.

Have you ever noticed that your wallet has more ada than you are able to send? Or perhaps that when you’re filling in the ada amount to send, the wallet field is red until you enter a high enough amount? This is the min_utxo_value doing its work.

What is it?

min_utxo_value is short for minimum unspent transaction output value. On Cardano, every output from a transaction (basically, every time something is sent somewhere) there must be a minimum amount of…