Cardano’s Extended UTXO accounting model – built to support multi-assets and smart contracts
Cardano uses an innovative Extended UTXO accounting model to support multi-assets and smart contracts. In the first of a two-part blog, we look at the different blockchain accounting systems and why EUTXO matters
11 March 2021 5 mins read
Blockchain networks are complex data structures. Transactions continuously crisscross the chain, creating digital footprints that require careful tracking and management to maintain the integrity and reliability of the underlying ledger.
Two major accounting ledgers exist in the blockchain space: UTXO-based blockchains (Bitcoin, for instance), and Account/Balance chains…
Recent posts
Professor Kiayias explores consensus evolution at Science of Blockchain Conference 2025 by Ivan Irakoze
22 August 2025
From roadmap to reality: transparency, accountability, and momentum by Can Huzmeli
8 August 2025
Cardano's governance journey: a timeline for decentralized democracy by Ivan Irakoze
4 August 2025