pull down to refresh
134 sats \ 0 replies \ @amnesiac 1 Nov 2022 freebie \ on: David Chaum et al. published "How to issue a central bank digital currency" bitcoin
Note 6: "While the term 'Bitcoin' suggests the use of a token, Bitcoin is an account-based system. The only difference between a traditional account-based system and a blockchain is that the accounts are not kept in a central database but in a decentralized append-only database".
Ethereum is an account based system, not bitcoin with its UTXOs model.