🔥 Technical deep dive: UTXO and account models
The Bitcoin balance shown in your wallet is calculated by adding up all the UTXOs that belong to you. There is no “balance” field on the blockchain.
When a transaction on Ethereum gets stuck, subsequent transactions can get stuck too. You can resend it with a higher gas fee and the same nonce to replace it.
$BTC uses the UTXO model, so the balance shown in the wallet is actually the sum of many unspent outputs. Current price: 82707.09.
If anything is unclear, ask in the comments.
#BTC
How you choose to act is up to you; this is just for sharing.
The Bitcoin balance shown in your wallet is calculated by adding up all the UTXOs that belong to you. There is no “balance” field on the blockchain.
When a transaction on Ethereum gets stuck, subsequent transactions can get stuck too. You can resend it with a higher gas fee and the same nonce to replace it.
$BTC uses the UTXO model, so the balance shown in the wallet is actually the sum of many unspent outputs. Current price: 82707.09.
If anything is unclear, ask in the comments.
#BTC
How you choose to act is up to you; this is just for sharing.