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I have been rather confused by the eponymous web3 stack introduced by the Web3 Foundation.

https://wiki.web3.foundation/en/latest/tech_stack/Layer-0/platform_neutral_computation_description_language/

In layer 0, they describe UTXO as the virtual machine. This runs contrary to my (mis)understanding of a virtual machine , as UTXO accounts for the closest thing Bitcoin has to state, the Unspent Transaction Output. I would have thought the Ethereum equivalent would be the Account Model.

Happy to be (re)educated...

  • It is not clear what is your question. The link you provide says it is layer 0. Web3 foundation is independant of Ethereum, they are more about Polkadot. – Ismael Apr 24 at 1:47

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