Why, when you send Bitcoin, does a blockchain explorer show some of the coins coming back to another address of yours?
The UTXO and account models are worth understanding.
The account model is more like a regular bank account: the balance is easy to see, and writing smart contracts is more intuitive. The trade-off is that transactions from the same account must be processed in nonce order.
Don’t trade with borrowed money; the stress can push you into making bad decisions.
$BTC uses the UTXO model, so the balance shown in your wallet is actually the sum of multiple unspent outputs.
The UTXO and account models are worth understanding.
The account model is more like a regular bank account: the balance is easy to see, and writing smart contracts is more intuitive. The trade-off is that transactions from the same account must be processed in nonce order.
Don’t trade with borrowed money; the stress can push you into making bad decisions.
$BTC uses the UTXO model, so the balance shown in your wallet is actually the sum of multiple unspent outputs.