The #Qtum Account Abstraction Layer (#AAL) represents an innovative solution that merges the UTXO and Accounts models, delivering significant advantages to both users and developers.๐ŸŒ๐Ÿ”’

#Qtum #BlockchainInteroperability

You may already be familiar with the dilemma faced by #Qtum in choosing between #Bitcoin's UTXO model and #Ethereum's Account Model. The UTXO model treats coins separately, making selecting which ones to utilize difficultly. On the other hand, the accounts model lacks security.

This is where #Qtum's #AAL comes in! It revolutionizes the UTXO model by introducing new opcodes like OP_CREATE, OP_CALL, and OP_SPEND, making contracts, internal transactions, and gas refunds possible while ensuring security and efficiency.

#Qtum's AAL is the key to managing the #UTXO set efficiently. Spendable opcodes keep the network running smoothly, and terminated contracts are removed, maintaining network efficiency.

If you wish to know more about #Qtum's #AAL and the many challenges it solves in the blockchain, read our weekly article, and let's discuss all the details: ย ย medium.com/@Qtum/how-qtums-aal...

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September 26, 2023 at 8:34 PM
Twitter@qtum|20:21 PM - Sep 26, 2023
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