From: Chris Priest <cp368202@ohiou•edu>
To: Andreas Schildbach <andreas@schildbach•de>,
Bitcoin Protocol Discussion
<bitcoin-dev@lists•linuxfoundation.org>
Subject: Re: [bitcoin-dev] On-going work: Coin Selection Simulation
Date: Wed, 21 Sep 2016 15:40:57 -0700 [thread overview]
Message-ID: <CAAcC9ytNmGpAyd7YUQX=XtDXnsFjA65soSmCEqXyb7tQ0=cLJQ@mail.gmail.com> (raw)
In-Reply-To: <f8377b1b-05fd-ba1b-fb5f-f8d61d35c7d9@schildbach.de>
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@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).
>
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists•linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
next prev parent reply other threads:[~2016-09-21 22:40 UTC|newest]
Thread overview: 7+ messages / expand[flat|nested] mbox.gz Atom feed top
2016-09-21 12:58 Murch
2016-09-21 15:02 ` Andreas Schildbach
2016-09-21 22:40 ` Chris Priest [this message]
2016-09-22 9:33 ` Daniel Weigl
2016-09-23 9:11 ` Murch
2016-09-23 9:35 ` Daniel Weigl
2016-10-21 14:09 ` Murch
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