UTXO and Account Model: What's the difference? UTXO$TBC is based on Bitcoin( · Records all transaction flows, making the source of funds completely transparent! · Enhances privacy and security through generating new addresses· Supports parallel processing, allowing transactions to occur simultaneously without issues! Account Model) is based on Ethereum( · Optimized for smart contracts and complex state management · Batch transactions help reduce fees· Simple state storage makes verification easier!
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yuanzi
· 12-14 04:37
The Relationship Between TBC and BTC
TBC is a public blockchain designed based on the Bitcoin(BTC) ecosystem.
It inherits the UTXO model and PoW consensus mechanism of BTC, maintaining Bitcoin's stability and security.
The connection between TBC and BTC:
Uses the same address format and technical architecture
BTC can be mapped as an asset and exchanged on a 1:1 basis
Solves the lack of smart contract functionality in BTC, adding flexibility to the ecosystem
TBC is a fully integrated Layer-1 blockchain with BTC, unlocking new applications for digital assets. Redefine Bitcoin's future through TBC!
TBC (Turing Block Chain)
UTXO and Account Model: What's the difference?
UTXO$TBC is based on Bitcoin(
· Records all transaction flows, making the source of funds completely transparent!
· Enhances privacy and security through generating new addresses· Supports parallel processing, allowing transactions to occur simultaneously without issues!
Account Model) is based on Ethereum(
· Optimized for smart contracts and complex state management
· Batch transactions help reduce fees· Simple state storage makes verification easier!