The property that a computation always produces the same result for the same inputs, regardless of where or when it runs. Cardano's eUTxO model is fully deterministic: wallets can simulate a transaction locally, compute its exact fee and outcome, and know that the on-chain execution will yield the same result. This makes failures predictable, a transaction that would succeed off-chain will succeed on-chain, and one that would fail will fail before it reaches the network, without burning fees on a surprise rejection.
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- eUTXOCardano's extension of the UTXO accounting model; each output can carry datum and script logic, so smart contracts express rules without the shared mutable state used by account-based chains.View term
- Smart ContractSelf-executing code stored on a blockchain that automatically enforces and executes agreement terms when predefined conditions are met.View term