[bitcoin-dev] On-going work: Coin Selection Simulation

Chris Priest cp368202 at ohiou.edu
Wed Sep 21 22:40:57 UTC 2016

>From my experience working with coin selection algorithms, there are
three "goals" to it:

1. Minimize cost
2. Maximize privacy
3. Minimize UTXO footprint

You can build a coin selection algorithm that achieves 1 and 3, but
will sacrifice 2. If you want coin selectin to maximize your privacy,
it will happen at the expense of UTXO footprint and fees. Minimizing
cost usually also minimizes UTXO footprint but not always. To
completely minimize UTXO footprint, you sacrifice a bit on cost, and a
lot on privacy.

On 9/21/16, Andreas Schildbach via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
> On 09/21/2016 02:58 PM, Murch via bitcoin-dev wrote:
>> Android Wallet for Bitcoin
> The correct name is Bitcoin Wallet, or Bitcoin Wallet for Android (if
> you want to refer to the Android version).
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