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Bitcoin uses the Unspent Transaction Output (UTXO) product, akin to transactions with Actual physical funds where each person bill would wish to be traced. On other hand, Ethereum uses an account model, akin to some checking account with a functioning balance, which is more centralized than Bitcoin.
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Blockchains are exclusive in that, at the time a transaction more info has been recorded and verified, it might?�t be adjusted. The ledger only permits one-way information modification.}