The “balance” shown in a Bitcoin wallet—is there really such a number on-chain?
The Bitcoin balance displayed by a wallet is calculated by adding up all the UTXOs that belong to you. There is no “balance” field on-chain.
Cardano uses the extended UTXO (eUTXO) model, adding the ability to execute script logic on top of UTXOs.
Practical knowledge can’t make me rich overnight, but it can help me avoid a few pitfalls.
Knowledge can help you steer clear of some pitfalls, but it can’t replace risk management.
$BTC 82717.88 (+0.023%)
The Bitcoin balance displayed by a wallet is calculated by adding up all the UTXOs that belong to you. There is no “balance” field on-chain.
Cardano uses the extended UTXO (eUTXO) model, adding the ability to execute script logic on top of UTXOs.
Practical knowledge can’t make me rich overnight, but it can help me avoid a few pitfalls.
Knowledge can help you steer clear of some pitfalls, but it can’t replace risk management.
$BTC 82717.88 (+0.023%)
