I was asked: How do Bitcoin and Ethereum differ in the way they keep track of transactions?
My answer: Cardano uses an extended UTXO (eUTXO) model, which builds on UTXO by adding the ability to execute script logic. The Bitcoin balance shown in a wallet is calculated by adding up all the UTXOs that belong to you; there is no “balance” field on the blockchain.
$BTC 80504.69(-0.19%)
If you got it, leave a comment. If not, keep asking in the comments.
My answer: Cardano uses an extended UTXO (eUTXO) model, which builds on UTXO by adding the ability to execute script logic. The Bitcoin balance shown in a wallet is calculated by adding up all the UTXOs that belong to you; there is no “balance” field on the blockchain.
$BTC 80504.69(-0.19%)
If you got it, leave a comment. If not, keep asking in the comments.