📎 Today's key insights: UTXO and account models
Ethereum uses an account model: the blockchain directly records each account's balance. A transfer deducts funds from one account and adds them to another.
Market conditions are always uncertain, so think ahead about what you'll do if you're wrong.
$BTC uses the UTXO model. The balance shown in the wallet is actually the sum of multiple unspent outputs.
#BTC
Ethereum uses an account model: the blockchain directly records each account's balance. A transfer deducts funds from one account and adds them to another.
Market conditions are always uncertain, so think ahead about what you'll do if you're wrong.
$BTC uses the UTXO model. The balance shown in the wallet is actually the sum of multiple unspent outputs.
#BTC