A friend asked me about this privately, so let me explain it in plain English.
With Ethereum, an externally owned account’s nonce goes up by 1 every time it sends a transaction. Transactions must be processed in nonce order, and each nonce can only be used once.
In the UTXO model, unrelated transactions can be validated in parallel, and using a new address to receive change also helps with privacy. The trade-off is that writing complex contracts is less convenient.
$BTC uses the UTXO model. The balance shown in the wallet is actually the sum of multiple unspent outputs. It’s currently 81857.81.
If anything’s unclear, leave a comment.
Do your own research before placing an order.
With Ethereum, an externally owned account’s nonce goes up by 1 every time it sends a transaction. Transactions must be processed in nonce order, and each nonce can only be used once.
In the UTXO model, unrelated transactions can be validated in parallel, and using a new address to receive change also helps with privacy. The trade-off is that writing complex contracts is less convenient.
$BTC uses the UTXO model. The balance shown in the wallet is actually the sum of multiple unspent outputs. It’s currently 81857.81.
If anything’s unclear, leave a comment.
Do your own research before placing an order.