Homework on UTXO vs Account Model

Ethereum 101
#2407
  1. The block can store more transactions and that make it faster
  2. Because is more easley to know where the money come from and where money go. UTXO model is more hard to track, because transaction’s could have multiple outputs.
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#2408

Transactions take up less space which in turn make them less expensive.

The utxo model can have different outputs where one of the outputs could be a tx to your own wallet, so you cant differentiate. With the account model system you can only send a fixed amount from one wallet to another, which makes it way more transparent.

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#2409
  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?

The blocks on the blockchain can store a lot more transactions which is useful for ETH because there are many tokens based on the ERC20 tokens. The network should also process faster too.

  1. How is the account model not as great as the UTXO model for privacy?

The UTXO model allows you trace all transactions right back to when the coins have been mined which also means you can track every coin, multiple accounts can be paid out in one transaction including your own whereas the ETH model adjusts the balance of your account according to the value of the transaction you send so it’s easier to see the amount sent and to whom.

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#2410
  1. Every transaction is smaller in space meaning less fees per byte and is faster (Blocks can include more transactions)
  2. Because account balance and code is public. Not possible to send ‘change’ money back to yourself so easier to assess how much money has left your account/ or entered
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#2411
  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?

It clears space within the block to fit more tx’s.

  1. How is the account model not as great as the UTXO model for privacy?

It is not as great because it is harder to track since all of the eth’s are counted in a tally system where 1 eth is transferred directly to another account by adding and substracting. Unlike BTC, where everything is expressed in inputs and outputs, btc has a higher provenance capability and it can be tracked easier.

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#2412

1. we do not have a UTXO that take more space its means the block include more txs and makes the ethereum network faster and the smart contracts work better.

2.less privacy because we do not have an outputs this means we can see where the funds goes from a to b to c… but its means we have a transparency benefits also i think

am i right? :thinking: :pray: :v:

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#2413
  1. It needs less space in the blockchain
  2. Because you know exactly receiver of the transaction, therefore you cannot send assets to yourself without been detected.
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#2414

1. The account model doesn’t require much space as the UTXO model, why is that a benefit?
At the same amount of transactions the UTXO model needs allot more space on the block. So with account model the could be more transactions in the same space.
2. How is the account model not as great as the UTXO model for privacy?
On account model it is quite obvious where money comes from and where it goes, because there is only on directional transaction from one account to the other one. On UTXO model there are several outputs on the transaction, what it makes more anonymous.

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#2415

  1. The benefit of the account model not requiring as much space as the UTXO model is that transactions happen faster.

  2. The account model lacks privacy in comparison to the UTXO because people can see where money is sent/received and what amounts where as UTXO makes it more difficult to differentiate between where money was sent and to what accounts.

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#2416

  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?
    Less space taken on each block.

  2. How is the account model not as great as the UTXO model for privacy?
    Only a single transaction is sent, where the balance of each account can be seen.

2 Likes
#2417

Homework on UTXO vs Account Model - Questions

The account model doesn’t require much space as the UTXO model, why is that a benefit?

It is a benefit because network nodes are meant to be operated by individuals, so this can offer a lower barrier to entry for more potential participants.

How is the account model not as great as the UTXO model for privacy?

Because the accounts in Ethereum are defined, whereas in BTC, unspent UTXOs get sent to a change wallet, so this makes it harder to know which address is the sender’s wallet or someone new.

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#2418
  1. Because that make txs block smaller , leaving more space
  2. Because the transaction is one way and you can’t send money to smb and yourself in 1 transaction as you can do with btc
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#2419
  1. Blocks can add more transactions, because they’re reduced in size.
  2. Because it´s more transparent. You can trace it if you send it to the same wallet, where with BTC you can have several outputs in one transaction.
2 Likes
#2420

  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?
    It takes up less space and is simpler.

  2. How is the account model not as great as the UTXO model for privacy?
    There is no way to simultaneously send your money to several addresses, including your own.

2 Likes
#2421
  1. faster transactions + less energy required to validate.
  2. UTXOs somewhat hide transaction details to public eye, it’s impossible to tell which output is going to a recipient vs which is going back to the sender. Accounts make holdings and transactions transparent.
2 Likes
#2422
  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?
    Because the block size is limited so more space always better.
  2. How is the account model not as great as the UTXO model for privacy?
    Because it is traceable which is not good for privacy.
1 Like
#2423

Homework on UTXO vs Account Model - Questions

  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?
    You can add more transactions to blocks and therefore transaction speed would be faster and miners would be more incentivized as they can collect more fees from more transactions.

  2. How is the account model not as great as the UTXO model for privacy?
    In the account model, anyone can see if I send money back to myself or where I’m sending to whereas in UTXO model, because in one transaction I can send money back to myself and someone I’m buying something from, and there’s no way to really tell how much of each transaction went to each address.

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#2424
  1. Anything that increases the number of transactions per block increases throughput and max tps.
  2. UTXOs and the outputs going to multiple addresses can make tracing who the funds are going to more difficult. The BTC link between address and account isn’t easy to determine. With ETH, there is no obfuscation layer. An address is an address.
2 Likes
#2425
  1. The account model doesn’t require much space as the UTXO model, why is that a benefit? save space and speeds up the process which reduces transaction fees.
  2. How is the account model not as great as the UTXO model for privacy? with the account model you send the exact amount to the other address so the balance can be know for that address. With UTXO you can send part of the transaction to different address so no one can know if part of the transaction is actually going back to you.
2 Likes
#2426
  1. The account model doesn’t require much space as the UTXO model, why is that a benefit? Easier to handle less data i.e. relatively less traffic on network and all the related efficiencies that arise form that “simplification”.
  2. How is the account model not as great as the UTXO model for privacy? Account model you can see who has the eth, who sent it.
1 Like