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Posted on December 2, 2019 by BitcoinLifestyle.com

Does Bitcoin Need Accounts? One Developer Thinks So, and He Figured Out How

Does Bitcoin Need Accounts? One Developer Thinks So, and He…

Bitcoin doesn’t use typical “accounts.” Instead, with each payment, the funds are sent to a unique “transaction output.” In such an output, the Bitcoin address can potentially be reused, in which case the address would act a bit like a Bitcoin account.

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