The Blockstream CEO believes Bitcoin’s pseudonymous creator Satoshi Nakamoto’s selection of the Unspent Transaction Output (UTXO) mannequin for the BTC community mirrored a deeper understanding of distributed techniques and peer-to-peer community design.
“It is nearly like Satoshi knew one thing about distributed techniques,” Again mentioned in assist of Bitcoin’s UTXO mannequin.
@seal_kiman @UtxoSaint It is nearly like Satoshi knew one thing about distributed techniques (or community / p2p programming) because the UTXO mannequin is well-designed for avoiding them. .eth’s had been younger, naive, no expertise/knowledge, reimplemented round an clearly damaged structure. Tried to warn them 🤷♂️
— Adam Again (@adam3us) October 10, 2026
UTXO on this context is brief for “Unspent Transaction Output” mannequin, which works like bodily money, the place discrete cash or outputs are spent and new ones are created, utilized by blockchains comparable to Bitcoin and Cardano.
Ethereum doesn’t use UTXO however quite makes use of an account-based mannequin (just like a conventional financial institution ledger), the place every consumer or sensible contract has a persistent steadiness and state that updates straight with every transaction.
Whereas Ethereum at present depends on accounts, ETH researchers have proposed experimental frameworks to introduce non-compulsory UTXO-style options, comparable to Ethereum Enchancment Proposal EIP-8141, which introduces a brand new transaction sort (0x06, or Body Transactions) designed to realize native account abstraction and post-quantum readiness.
What occurred?
Ethereum researcher Justin Drake, in an X publish on Wednesday, advised the crypto business to start out getting ready for “bunker mode,” warning that synthetic intelligence may discover a solution to break the arithmetic defending Bitcoin and Ethereum wallets within the worst case “in months, not years.”
Accordingly, Drake urged massive holders to start a gradual transfer of their funds to contemporary addresses.
Ethereum co-founder Vitalik Buterin weighed in on Drake’s take, saying he would not suggest anybody scramble to maneuver their funds to new wallets in the intervening time, however added that the chance from AI-accelerated math stays one thing that must be taken severely.
“I do not suggest anybody scramble to maneuver their funds to new wallets right now. However we should always take the dangers to cryptography from AI-accelerated math severely, and reduce our publicity to not simply quantum-vulnerable cryptography but in addition doubtlessly AI-vulnerable cryptography,” Buterin wrote on X.
