Homework on UTXO vs Account Model

Ethereum 101
#121

  1. Faster transactions, and the blocks can store more transactions because of of the smaller size (of the transactions).

  2. You can’t really create multiple outputs, where some go back to yourself/multiple accounts. Its a “simple” -1, +1 operation.

1 Like
#122
  1. Instead the block space used for sc
  2. In account model exact transaction occurs and you don’t send the balance back to you
1 Like
#123

Chain less data size
Easy to follow transactions utxo can trace from initial creation

1 Like
#124

debit and credit wallet to wallet
cant follow boin from its creation

1 Like
#125

  1. So there can be put more transactions in 1 block. What means transactions can be done faster and cheaper. Especially when the chain is busy and many transactions are coming in.

  2. In the account model you got 2 adresses which were involved in the transaction. You can’t / don’t need to send money back to yourself etc. therefore its more traceable.

1 Like
#126

This is a benefit because there will be less data to record on the blockchain when referencing transactions

The utxo model allows for more privacy because it is possible to mask the amounts being dispereced by possibly sending your self funds while sending others funds making it impossible to detect the exact amounts being transferred. while the account model literally shows +1 -1 etc as an acct balance sheet on the chain

1 Like
#127

  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?
    The account model doesn’t store utxo’s, it stores the balance of all the transactions, which takes up less space and has a greater storage capacity.

  2. How is the account model not as great as the UTXO model for privacy?
    You can not create multi outputs where some of the outputs go back to you. The accountant model is simply, minus one ETH transaction which then gets plus one ETH transaction.

1 Like
#128
  1. Account model does not have a lot of utxos taking up space.
  2. With Ethereum you are able to trace where the asset came from and went to.
1 Like
#129
  1. The bitcoin model is less efficient due to the need to calculate the sum of holdings in the UTXO combine that with the space it takes and in comparing to a much effective model where calulation is simple and on the spot,
  2. In the UTXO one can submit multitransactions without the knowledge of the outside observer whose destination is in the plot while this can’t be executed in the account model where you actually isolate tranactions.
1 Like
#130
  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?

Block size… scalability…

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

In the UTXO model you can have outputs go to multi different addresses with 0-x of them be your own or someone elses so its harder to track.

1 Like
#131
  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?

Blockchain size will be smaller and thus, can be processed easier and faster by nodes/EVMs. Also storing the balances removes the need to calculate them all the time.

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

Account model has exactly one “input” side and one “Output” side. UTXO can have multiple in- and outputs, which can be used to confuse observers. Some of the outputs can be “my adresses”, so i can send money/assets back to me to cause confusion.

1 Like
#132
  1. faster, cheaper transactions that require less processing power.
  2. Account model shows exactly which amounts went to which person where as UTXOs have multiple inputs and outputs, making it difficult to see which outputs went to which account/wallet address.
1 Like
#133
  1. The account model requiring less space helps with the block size, since the blocks could store more transaction information.
  2. From the outside you have a balance, an account and it is easier to track it to who is the owner.
1 Like
#134

Question 1

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

It is a benefit because in the account model there is no concept of UTXO’s and this makes the network faster less congested and capable of holding more transactions. It is also less expensive.

Question 2

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

In the account model you only have one point of contact when making or receiving a transaction so it is easier to track where transactions are going to or coming from. this makes it harder to obfuscate your transactions whereas with the UTXO model you have multiple inputs and multiple outputs and it is very hard to decipher from outside where those inputs and outputs are going to or from.

2 Likes
#135
  1. Blocks can make more transaction and easier transferable.
  2. The account model not as great as the UTXO model because is hard for public to tell which account of money goes.
#136

  1. less space in a blockchain is always better and leads to more throughput

  2. because in the utxo modell you can send funds to yourself or not … and that is more privacy as it is harder to tell where transactions are going - so better privacy

1 Like
#137
  • The account model doesn’t require much space as the UTXO model, why is that a benefit?
    It’s a benefit because it allows faster transactions.
  • How is the account model not as great as the UTXO model for privacy?
    Because the account model only updates wallets and transactions, when ether is in a wallet there is no way to distinguish which coin is which. where the utxo model each coin has a trail due to the utxo and can be traced back to when it was mined.
1 Like
#138

  1. The account model doesn’t require much space as the UTXO model, why is that a benefit?
    Less space is used per transaction.

  2. How is the account model not as great as the UTXO model for privacy?
    It makes it clear how much each address is holding and doesn’t allow for part of the sent funds in one transaction to go back to the sender.

1 Like
#139

1 It’s a benefit because it takes less space per transaction.
2 It’s not as good for privacy because you can only send one transaction at a time to one other recipient
while bitcoin can go to multiple recipients at a time in one transaction.

1 Like
#140

The account model doesn’t require much space as the UTXO model, why is that a benefit?
It slims down the processing time and the bit-size of the network, making it possible for people with less computing power to participate, which makes it possible to include mer nodes in the network.
How is the account model not as great as the UTXO model for privacy?
The account model doesn’t have a change wallet and it doesn’t do multiple outputs. With one input and one output it’s much easier for people to track who sent a transaction and what size it is.

1 Like