No. Every transaction has a corresponding hash (similar to a car's license plate number), but bitcoins themselves are consolidated into inputs and resultant out

No. Every transaction has a corresponding hash (similar to a car's license plate number), but bitcoins themselves are consolidated into inputs and resultant outputs. The chain of ownership is established through the transactions recorded in the ledger[1]. Here's an example 10BTC transaction assuming no intermediate fees: A(2) + B(8) ==> X(5) + Y(5) You can't tell how many of A's bitcoins were sent to X or Y, but you can trace the transactions all the way to the originally mined blocks that each contained 50BTC. [1] https://en.bitcoin.it/wiki/Transaction https://en.bitcoin.it/wiki/Transaction