Cardano combines the ability to handle smart contracts with Bitcoin UTXO.
The UTXO model is a fundamental element of Bitcoin and other cryptocurrencies.
The cryptocurrency Cardano (ADA) has revealed that it extends the unspent transaction output accounting system by adding smart contracts to the Bitcoin UTXO model. The Cardano blockchain helps enhance the Bitcoin blockchain’s accounting model.
#Cardano’s extended unspent transaction output accounting system adds smart contracts to Bitcoin’s UTXO model.
Learn about the benefits of EUTXO in this handbook:https://t.co/ieTTewPAt5
— Input Output (@InputOutputHK) July 18, 2023
On July 18, Input Output Global (IOG), the company behind the Cardano blockchain, announced its new plan for unspent transaction output. The Cardano blockchain added Bitcoin’s unspent transaction output (UTXO) accounting model, along with the ability to handle smart contracts, into an Extended unspent transaction output (EUTXO) accounting model.
Unspent t
We współpracy z: https://thenewscrypto.com/cardano-adds-smart-contract-to-bitcoin-utxo-model/
