Developer believes eUTxO model is what’s going to make Cardano more attractive to users
Cardano developer Peter Orvec has share A visual representation of how transactions on the network actually work and explained why it would attract more people to Cardano than networks like Ethereum.
It is common knowledge that Cardano utilizes a completely different mechanism for handling transactions on the network. For example, Ethereum uses an account-based model that requires having a separate entity that would check the state of each account and its balances. Undeniably, the model used by networks like Ethereum has numerous advantages, like high TPS and convenience.
Cardano, on the other hand, uses a completely different mechanism called eUTxO. The main difference between an account-based model and a UTXO is how the network handles transactions. In a UTXO-based blockchain, all transactions are parallel to each other. This brings a wide range of benefits such as determinism, low transaction fees and less running, but it also makes the use of decentralized applications on such networks more complicated.
However, despite all the problems Cardano has, the developer believes that more users will start utilizing Cardano’s model thanks to the network’s ability to fit numerous outputs in one transaction.
Thanks to the visualized blockchain developed by Orvec, we can see how Cardano fits 923 outputs into just two transactions. Each output is subsequently sent to a recipient, which, from the user’s point of view, is no different from a regular cryptocurrency transfer.
According to Oravec, this is the superpower of UTxO since it allows making extremely cheap transactions without worrying about the stability of the network and congestion issues that Ethereum faces all the time. However, it is safe to say that Cardano has a long way to go in terms of network revenue and activity compared to Ethereum.
