Discover and read the best of Twitter Threads about #UTXOs
Most recents (2)
[1/🧵] That is a genuine question, and while the answer may disappoint you, it isn't as important as one may believe.
Let's go back in time to find out what happened and thoroughly address the question. 🧵👇
Let's go back in time to find out what happened and thoroughly address the question. 🧵👇
[2/19] 🧐 First and foremost, let us establish some fundamentals and address the question:
❓ Is "block" the proper term to use ❓
Yes & no, as @JoelKatz puts it:
"The transactions are stored in a series of ledgers, but an #XRPLedger contains everything a block contains.
. . .
❓ Is "block" the proper term to use ❓
Yes & no, as @JoelKatz puts it:
"The transactions are stored in a series of ledgers, but an #XRPLedger contains everything a block contains.
. . .
[3/19] . . .
So because it’s a chain of ledgers, it’s also a chain of blocks."
The primary distinction between #Bitcoin and #XRPL is that the #XRPLedger utilizes an account model rather than a #UTXO model, thus the term "Ledger".
quora.com/XRP-is-not-a-b…
So because it’s a chain of ledgers, it’s also a chain of blocks."
The primary distinction between #Bitcoin and #XRPL is that the #XRPLedger utilizes an account model rather than a #UTXO model, thus the term "Ledger".
quora.com/XRP-is-not-a-b…
This week, the movement of 50 old bitcoins has received a lot of attention. Meanwhile, @ziggamon was staring at the mempool...
A short discussion with him convinced me to check the case. That seemed like an easy one. God, I didn't know the monster that he was observing.
First step was to get a better picture of what was happening by clustering the addresses of this entity. To date, more than 2.3 millions of addresses have been identified but this figure is a lower bound. I suspect the real number may be as high as 4 millions of addresses. 
