One of the key innovations of Bitcoin Runes is its use of an unspent transaction output (UTXO) model. Whereas other token standards typically rely on off-chain data, Runes' UTXO model will be ...

This special use of the UTXO model is called “CoinJoin.” (Trigger warning: Within the actual Bitcoin history, this use wasn’t Satoshi’s design rationale for the UTXO model itself, but was discovered ...

Unlike traditional accounting, Bitcoin uses a unique system for keeping track of a user's coin balance (see UTXO). Bitcoin's accounting is also unlike the Ethereum model (see Ethereum account model).

The Runes protocol, which facilitates the creation of fungible tokens directly on Bitcoin using its UTXO model, has overtaken BRC-20 in market capitalization. Memecoins serve as a speculative ...

As a result, Taro also differs from other asset solutions on “highly programmable” blockchains, such as Ethereum’s ERC-20 and ERC-721 tokens, because it is based on Bitcoin’s UTXO model instead of an ...

“However, we are not yet at the extreme levels seen during previous cycle peaks.” Bitcoin UTXO age data (screenshot). Source: CryptoQuant An accompanying chart split UTXOs by coin ...

Bitcoin was designed to be an alternative to ... so that multiple people can have a claim to a UTXO. [This way] they never actually have to confirm on-chain the way that a Lightning channel ...

Omnity has announced the launch of RichSwap , an AMM DEX for DeFi on Bitcoin without bridges, wrapping, custodians, off-chain software, or singl ...

Unlike account-based blockchains like Ethereum, Bitcoin operates on the UTXO (Unspent Transaction Output) model. Each transaction output is a unique reference, embracing the fungible properties of ...