🔍 Technical Principles｜UTXO and Account Models
· Definition: The fee for a Bitcoin transaction equals the sum of all inputs minus the sum of all outputs. The difference goes to the miner who includes the transaction in a block.
· Why: In the UTXO model, unrelated transactions can be verified in parallel, and using a new address to receive change also helps protect privacy. The trade-off is that writing complex smart contracts is less convenient.
· Note: Repeatedly using the same Bitcoin address to receive funds can expose your financial activity. Many wallets default to generating a new address for each incoming payment and change.
$BTC 82956.23（-1.05%）
#BTC
· Definition: The fee for a Bitcoin transaction equals the sum of all inputs minus the sum of all outputs. The difference goes to the miner who includes the transaction in a block.
· Why: In the UTXO model, unrelated transactions can be verified in parallel, and using a new address to receive change also helps protect privacy. The trade-off is that writing complex smart contracts is less convenient.
· Note: Repeatedly using the same Bitcoin address to receive funds can expose your financial activity. Many wallets default to generating a new address for each incoming payment and change.
$BTC 82956.23（-1.05%）
#BTC