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Details: https://www.gate.com/announcements/article/47889
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Advantages of the UTXO model 💎
🟢Safe and Transparent: The entire transaction process is fully recorded, effectively preventing illegal fund flows and ensuring that the source of funds is always clear and traceable.
🔵Data lightweight: No need to update all account information, allowing the blockchain network to operate more efficiently.
🟠Support parallel processing: multiple transactions can be processed simultaneously, thereby increasing transaction speed and overall efficiency.