Corpus ID: 16526028

Simulation-based Evaluation of Coin Selection Strategies

  title={Simulation-based Evaluation of Coin Selection Strategies},
  author={M. Dev},
Bitcoin’s UTXO set, the set of all spendable balances in Bitcoin, has doubled in the past year and grown seven-fold in the past three years [4]. A large UTXO set is problematic since it causes an increased cost to operate each full node. Particularly, the UTXO set must be stored for operation and frequently searched for transaction verification. There are some on-going efforts to change the basic cost constraints of transactions such as Segregated Witness’s discount for inputs [1] and Schnorr… Expand
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