accountUTXO
accountUTXO is a term used within blockchain and cryptocurrency contexts that refers to a hybrid model combining aspects of the account-based and unspent transaction output (UTXO) paradigms. Traditional blockchain systems generally adopt either an account-based model, as seen in Ethereum, where balances are stored and managed directly within accounts, or a UTXO model, exemplified by Bitcoin, where transactions consume and produce discrete unspent outputs.
The accountUTXO approach seeks to integrate these two models to leverage their respective advantages. In this
Implementations of accountUTXO concepts are explored in various blockchain projects seeking to combine the strengths of
While still an evolving concept, the accountUTXO model represents an attempt to address limitations inherent in