An Account Model is a structure used to manage user balances and transactions in cryptocurrency networks. It resembles traditional banking, where each user has an account with a specific balance. Transactions update this balance directly, making it easy to understand for users familiar with conventional finance.In this model, each account has a unique identifier, typically a public key or address. When someone sends cryptocurrency, the system deducts the amount from the sender’s account and adds it to the recipient’s account. This approach contrasts with the UTXO (Unspent Transaction Output) model, where balances are tracked through discrete pieces of data called outputs. The Account Model simplifies the process of sending and receiving funds and is commonly used in platforms like Ethereum. Overall, the Account Model enhances usability, making it accessible for users who may not be accustomed to more complex systems.