Why Ergo could be an chain better than etherum, cardano

Rather than following in Bitcoin's footsteps, some smart contract focused blockchains have chosen to employ an account strategy. Instead of having each coin be uniquely referenced, coins are represented as a balance within an account

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31.12.2021

Adano

Glasgow｜WON’T DM
Rather than following in Bitcoin's footsteps, some...

Does that mean that each erg token has a "serial number"? I still did not get, can u make a real life example of this account-based issue? Why is it problem in the real life? What is the disadvanteg of account-based thing?

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31.12.2021

Group Support

Adano
Does that mean that each erg token has a "serial n...

Send me a direct message

0

31.12.2021

Klaus

Adano
Does that mean that each erg token has a "serial n...

Watch out for scammers in your private messages (esp. those called Support). Never send someone your seed words.

0

31.12.2021

Glasgow｜WON’T DM

Adano
Does that mean that each erg token has a "serial n...

erg is just a chain of transactions, heavy lifting is done off-chain and then validated on-chain. ETH does all the heavy lifting on-chain hence the extortonate fees.

0

31.12.2021

Glasgow｜WON’T DM · Accepted Answer

Glasgow｜WON’T DM

ETH - account-based which doesn’t make sense for a blockchain imo SOL - High requirements = high centralisation. (also account-based) ADA - We’re in the UTXO alliance with Cardano and will be working together

0

29.12.2021

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Why Ergo could be an chain better than etherum, cardano

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