🧭 Technical Principles | UTXO and Account Models
· Key point: Cardano uses the Extended UTXO (eUTXO) model, which adds the ability to execute script logic to the UTXO model.
· Why: The Bitcoin balance shown in your wallet is calculated by adding up all the UTXOs that belong to you; there is no “balance” field on the blockchain.
· Note: If you notice that some of your Bitcoin goes to a new address of your own after a transaction, it’s usually change—not lost funds.
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Be aware of the risks and make your own decisions.