Bitcoin uses the Unspent Transaction Output (UTXO) product, corresponding to transactions with Actual physical dollars wherever Every single specific bill would need to become traced. On other hand, Ethereum utilizes an account product, akin to the checking account using a operating balance, which happens to be additional centralized than Bitcoin.
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For example, if you buy a copyright, the blockchain for that digital asset will eternally teach you given that the operator unless you initiate a sell transaction. No one can go back and change that proof of ownership.
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