Tagging the above thread
#ethereum #bitcoin #dexes #mining
Also an aside, I remember having a little back and forth with Phil and others about this on twitter 2 years ago:
https://twitter.com/waxwing__/status/988134418647797760
(5/5?)
“@matthew_d_green @phildaian Right, that's it, i remember that was my first intuition about this - account model (if it means anything) involves spreading state around. Maybe we can say utxo model is *fundamentally* advantageous in scalability, but that has second-order impact on things like privacy.”