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where can I learn more about that approach? I just assumed the eUTXO model would be more like the UTXO model where assets could still be tracked to a single add
by vmception 5y ago
where can I learn more about that approach? I just assumed the eUTXO model would be more like the UTXO model where assets could still be tracked to a single address, like with the old Counterparty or OMNI model in Bitcoin.
What would you consider Solana's approach to assets? I was surprised to find that each address has another unique address for its balance and possession of any asset issued on that network.
- theK 5y agoThe key is not in eUTXO (allthough eUTXO is a great piece of work, especially because it solves a multitude of scaling issues in the long run), it is in the ledger's capability of handling custom assets natively. This way a wallet exactly shows you which tokens you own are affected by a contract invocation. I don't know how solana handles assets but I personally stay clear from that ecosystem. Too much VC hype for my likes and way too little decentralization of funds.