Compared with UTXO,.
18 Feb 2021, 07:05
Compared with UTXO,
Account/Balance Model is more suitable for handling transaction status, especially when dealing with DeFi transactions.
In Bitcoin, each transaction spends output from prior transactions and generates new outputs that can be spent by transactions in the future. All of the unspent transactions are kept in each fully-synchronized node, and therefore this model is named “UTXO”.