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Understanding Ethereum: Account Based vs. UTxO

219 views | 2 Sep. 2020

Where Bitcoin functions

Where Bitcoin functions as cash, Ethereum functions as a bank account. Have an inside look as partners Dave Mullen-Muhr and Jack Laskey analyze the open-source platform in our recent webinar installment: Understanding Ethereum.

Inside Looks features brief segments from our exclusive LP-only Webinar Series. Taken from the "Understanding Ethereum" Installment, highlights feature partners Jack Laskey and Dave Mullen-Muhr as they unpack the complexities of this decentralized crypto- platform.

Want to see the whole video? Interested in becoming an LP? Contact us here: https://unboundedcapital.com/contact-us

In this webinar we take a closer look at open-source platform Ethereum, a project we believe has been destined to fail since its conception in 2015. The partners break down its current state in the industry and use real world examples to explain exactly where and why Ethereum went wrong.

Although some crypto perspectives argue in favor of Ethereum’s goal of maximum decentralization, further analysis demonstrates how its fatal mindset and technical flaws limit the platform from facilitating the truly unbounded scalability and security present in Bitcoin Satoshi Vision (BSV).

Following the seminar we open the floor to audience questions and further our analysis of BSV, the momentum of public consensus, and enterprise use-case scalability.

https://www.unboundedcapital.com

Unbounded Capital's Thesis: The Bitcoin (BSV) network and it’s metanet protocol are poised to be the foundation of the internet of value. BSV as an asset has asymmetric upside and the network has spurred an explosion of entrepreneurial creativity. Unbounded Capital matches deep understanding of Bitcoin with extensive VC and entrepreneurial experience to help build the Bitcoin economy through identifying, funding, and then guiding the best Bitcoin-native businesses.

The materials provided are for information only and do not constitute as an offer. For investment advice, please consult professional advisors. Zach is not a financial advisor. The information contained in this video have been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. We shall not be responsible for any consequential effect, nor be liable for any direct, consequential, incidental, indirect loss or damage, howsoever caused, arising from the use of, inability to use or reliance upon any information or materials provided in this talk, whether or not such loss or damage is caused by us. Links to third party sites are provided for your information only. The content and software of these sites have been issued by third parties. As such, we cannot be responsible for the accuracy of information contained in these sites, nor be held liable for any loss or damage arising from or related to their use. Investors should be cautious about any and all cryptoasset and investment recommendations and should consider the source of any advice on cryptoasset selection. Various factors, including personal or corporate ownership, may influence or factor into an expert’s stock analysis or opinion. All investors are advised to conduct their own independent research into individual cryptoassets before making a purchase decision. In addition, investors are advised that past cryptoasset performance is no guarantee of future price appreciation. Do not invest money you cannot afford to lose. All investments come with a degree of risk.

Utxo blockchain

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UTXO

8 374 views | 22 Jan. 2018

This video describes about

This video describes about Unspent Transaction output model which is used in Bitcoin

Jarvis Tsang

isnt input counter equals to output counter?

Mas Mo

i get uneconomical UTXO error while trying to withdraw my balance on btc.com what should I do?

kayGG wanlizzil

Nice Sir make some more videos how to unlock the input n lock output so that the transections should be confirmed without any stuck

Anatoly K

got a question:

3:34 is in the moment where Tom sends 2 BTC to Alice (means 5 BTC input and 3 BTC as the output to himself) he doesn't posses BTC at all until new 3 BTC output resides at his wallet?

Candice Gopaul

All inputs must be spent. This is important and would’ve answered some question comments below, because you omit this key piece of information.

Captain bAri TV

DOUBT
So block is supposed to be immutable so that hash can remain same, but when utxo is spent there has to be changes made in blockchain to signify the transaction is utxo or not ?

nisha jakhar

Very concise and clear

Anurak Chueachai

Nice video. Thank you keep the good work.

GLOBAL INVESTIGATIONS

Thanks for sharing. Logical metrics btc-recovery. com now offers bitcoins and ethereum recovery services for those that have lost their bitcoins and altcoins to theft, lost password, deleted wallets, missing recovery words, hardware failure, fire ravage and any technical difficulties as well as files and data recovery services.

Nikhiil Rajesh

How do we get in touch with you sir ?

Asheesh Mathur

Where's next video ?

EMRE

Broo, dont make video, you're such an awfull teacher :)

Abhinav Kant

Please upload more videos

Teoman Yüksel

Why did the 3 BTC that Tom had not sent to Alice are separated like 1,5, 0,5, and 1 BTC and not like just 3 BTC?

asif pancha

Sir What About USDT ???
Becoze My transaction is stuck In USDT