How do Bitcoin and Ethereum differ in the way they record balances? Many people can't answer this!
Cardano uses the extended UTXO (eUTXO) model, adding the ability to execute script logic to the UTXO model.
The account model is more like a regular bank account: balances are easy to understand, and writing smart contracts is more convenient. The trade-off is that transactions from the same account must be executed in nonce order.
Make sure you understand the principles before getting started—don't place orders based on gut feeling.
$BTC 81991.43(+0.59%)
Cardano uses the extended UTXO (eUTXO) model, adding the ability to execute script logic to the UTXO model.
The account model is more like a regular bank account: balances are easy to understand, and writing smart contracts is more convenient. The trade-off is that transactions from the same account must be executed in nonce order.
Make sure you understand the principles before getting started—don't place orders based on gut feeling.
$BTC 81991.43(+0.59%)