BTC‬

On February 17, CKB Co-founder/Khalani Network CEO Kevin, CKB Ecological Fund CMO/SeeDAO founder Baiyu, and CKB community ambassador CyberOrange shared their views on the UTXO model and its ecology during an X Space live broadcast.

The live broadcast lasted for 1 hour and 40 minutes and contained a lot of information. The following are the key points based on the audio:

1. The difference between UTXO model and account model
Regarding the UTXO model, host Baiyu used a very easy-to-understand metaphor: When you walk on the street, you cannot know how much money the people on the street have in their pockets unless you go through their pockets one by one. In contrast, Ethereum, which uses the account model, has a world state tree, which saves the status of all Ethereum accounts in the world (such as account balances, contract information, etc.).

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Brace yourselves, Dogecoin fans! Elon Musk, the visionary behind Tesla, SpaceX, and X (formerly Twitter), just dropped a bombshell that has rocked the cryptocurrency world. A mysterious meme depicting Musk as “The Dogefather” has sparked wild speculation and explosive market action. What does this mean for DOGE investors?
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💡 What are we talking about?
The meme has thrilled two large communities:
1️⃣ Politics – Could Musk be hinting at political ambitions or even partnerships with key figures in the next US administration? Known for his disruptive ideas, this post has raised questions about a possible role for Musk in reforming government systems.

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🥶Halt Adding Funds**: The first step to turning your trading around is to stop pouring more money into your account. Think of it like a high-stakes poker game against seasoned pros; you can't expect to win if you don't even understand the rules.

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🔰Keep a Journal**: Record a minimum of 30 trades meticulously, using just one strategy. Don't move on from this stage until you can consistently make profits with your chosen approach.

👉Double Your Account**: Once you've become comfortable and consistently profitable, it's time to double your account size. This gradual progression will help you manage risk effectively.

📌Repeat and Expand : Keep repeating this process until you reach your desired account size. This may require a great deal of emotional discipline, but it's a key component of successful trading.

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Best of luck on your crypto trading journey! 🚀💰