### By Mauzuru - 17.02.2020

## Utxo vs account model

Privacy preserving behavior is encouraged in the UTXO model. Users are encouraged to generate a new address for every incoming transaction including. UTXO vs Account Model. A key advantage of the first model is the uniqueness of every coin, while the second model provides a simpler smart.

## Comparing Bitcoin’s UTXO Model and Ethereum Account Balance Model

Part of the Lecture Notes in Utxo vs account model Science book series LNCS, volume Abstract We implement two versions of utxo vs account model simple but illustrative smart contract: one in Solidity on the Click the following utxo vs account model blockchain platform, and one in Plutus utxo vs account model the Cardano platform, with annotated code excerpts and with source code attached.

We get a clearer view of the Cardano programming model in particular by introducing a novel mathematical abstraction which we call Idealised EUTxO. For each version of the contract, we trace how the architectures of the underlying platforms and their mathematics affects the natural programming styles and natural classes of errors.

We prove some simple but novel results about alpha-conversion and observational equivalence for Cardano, and explain why Ethereum utxo vs account model not have them. We conclude with a wide-ranging and detailed discussion in the light of the examples, mathematical model, utxo vs account model mathematical results so far.

This is a preview of subscription content, log in to check access. References 1. Chakravarty, M.

In: Bernhard, M. FC LNCS, vol. Springer, Cham Coutts, D.

## Donate to arXiv

Gabbay, M. Indagationes Math. Formal Aspects Comput. Allais, G.

### Your Answer

ICFP, pp. Kiayias, A.

Understanding Blockchain: Inputs and Unspent Transaction Outputs (UTXO) - #onChainIn: Katz, J. Atzei, N. In: Maffei, M.

POST Springer, Heidelberg

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