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ELI5: Using EUTXO for DeFi.

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ELI5: Using EUTXO for DeFi.

EUTXO Overview.

Tuan Dinh
and
Lisa JY Tan
Jan 19, 2021
1
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ELI5: Using EUTXO for DeFi.

www.newsletter.economicsdesign.com
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TLDR below. This is not financial advice.

General Conclusion

  • UTXO = Bitcoin's accounting method

  • Good because it works. Bad because it is not powerful enough to deal with smart contracts (e.g. Ethereum based transactions). Because smart contract requires more computer power.

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