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To address this problem, we introduce a new UTXO design, which separates the contract state (stored in UTXOs) from the contract balance (which is stored in an account-based fashion).
Scalable UTXO Smart Contracts via Fine-Grained Distributed State
Massimo Bartoletti & Riccardo Marchesin & Roberto Zunino
Only those who actually control the money need to be online.
The Past, Present, and Future of Offline Payments
Roy Sheinfeld
Linkers enable compilation separation.
Computer Systems: A Programmer's Perspective
Randal E. Bryant & David R. O'Hallaron
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