BlockDAG Docs
  • 🎯Introduction to BlockDAG
  • ⭐GETTING STARTED
    • What is BDAG?
    • Introductory Concepts
      • Decentralized Application (dApps)
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        • EVM Account
        • UTXO Account
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      • Testnet Node Setup
    • BlockDAG Architecture
      • Architecture Overview
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    • UTXO
      • UTXO Home
      • Block List (UTXO)
        • Block Details (UTXO)
      • Transaction List (UTXO)
        • Transaction Details (UTXO)
      • Address Details (UTXO)
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  1. GETTING STARTED
  2. Introductory Concepts
  3. Accounts

EVM Account

EVM (Ethereum Virtual Machine) accounts in BlockDAG follow the account-based model, similar to Ethereum, where balances and transactions are recorded directly within the blockchain state. These accounts allow users to send transactions, deploy smart contracts, and interact with decentralized applications (dApps).

Types of EVM Accounts:

  • Externally Owned Account (EOA): Controlled by private keys held by users. These accounts can initiate transactions, store BDAG tokens, and interact with smart contracts.

  • Contract Account: Represents smart contracts deployed on the network. Unlike EOAs, contract accounts cannot initiate transactions on their own; they execute predefined functions when called by EOAs or other contracts.

Key Features of EVM-Based Accounts:

  • Direct Balance Management: Users hold BDAG tokens within their accounts and send transactions without requiring input/output models.

  • Smart Contract Execution: Contract accounts store executable code, enabling automated and trustless transaction processing.

  • Flexible Transactions: EOAs can send BDAG, interact with dApps, and deploy smart contracts seamlessly.

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Last updated 18 days ago

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