Ardana
Search…
Welcome to Ardana
Technologies
Cardano
eUTXO
Development Stack
Stablecoin
Stablecoin
Key Terms
Interacting with Ardana Vaults
Liquidations
Auctions and Buffers
Key External Actors
Governance
Danaswap
Stable Pools
Pricing Algorithm
System Architecture
Decentralized Foreign Exchange
DANA Token
Understanding DANA
Understanding exDANA
AREM
Liquidity Mining Program
Tokenomics
FAQ
Fees
Risks
Security Audits
Economic Audits
Financials
External Links
Ardana
Twitter
Discord
Telegram
Medium
Youtube
Powered By GitBook
eUTXO
Cardano uses the EUTXO (Extended Unspent Transaction Output) accounting model for its transactions which is an extension of the standard UTXO model enabling expressive smart contracts while keeping the semantic simplicity of the UTXO model.
In a UTXO model, the coin transfer is recorded in a directed acyclic graph with the nodes representing transactions and the edges representing transaction outputs. Wallets keep track of a list of unspent outputs associated with all addresses owned by the user and calculate the users’ balance.
    A UTXO is the output of a previous transaction.
    UTXO chains don’t have accounts. Instead, coins are stored as a list of UTXOs, and transactions are created by consuming existing UTXOs and producing new ones in their place.
    Balance is the sum of UTXOs controlled by a given address.
    UTXOs resemble cash in that they use ‘change’, and are indivisible (UTXOs are used whole).
The extended UTXO model gives Cardano the ability to run smart contracts safely while maintaining scalability capability.
Technologies - Previous
Cardano
Next - Technologies
Development Stack
Last modified 2mo ago
Export as PDF
Copy link