#TBC 🛩️UTXO vs Account Model: What’s the Difference?
🔹 UTXO (Bitcoin-based) • Records all transaction flows, making fund sources fully transparent! • Enhanced privacy & security through generating new addresses • Supports parallel processing, allowing simultaneous transactions with no issues!
🔹 Account Model (Ethereum-based) • Optimized for smart contracts and complex state management • Batch transactions help reduce fees • Simple state storage makes verification easier!
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Wildlily
· 09-17 23:19
UTXO vs Account Model: What’s the Difference?
UTXO (based on Bitcoin)
· Records all transaction flows, making the source of funds completely transparent!
· Enhances privacy and security by generating new Addresses
· Supports parallel processing, allowing synchronized transactions without any issues!
Account Model (based on Ethereum)
· Optimized for smart contracts and complex state management
· Batch transactions help to drop fees
· Simple state storage makes verification easier!
#TBC 🛩️UTXO vs Account Model: What’s the Difference?
🔹 UTXO (Bitcoin-based)
• Records all transaction flows, making fund sources fully transparent!
• Enhanced privacy & security through generating new addresses
• Supports parallel processing, allowing simultaneous transactions with no issues!
🔹 Account Model (Ethereum-based)
• Optimized for smart contracts and complex state management
• Batch transactions help reduce fees
• Simple state storage makes verification easier!