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Bitcoin Coin Selection with Leverage

Daniel J. Diroff
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Daniel J. Diroff: Akvelon, Inc.

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Abstract: We present a new Bitcoin coin selection algorithm, "coin selection with leverage", which aims to improve upon cost savings than that of standard knapsack like approaches. Parameters to the new algorithm are available to be tuned at the users discretion to address other goals of coin selection. Our approach naturally fits as a replacement for the standard knapsack ingredient of full coin selection procedures.

Date: 2019-11, Revised 2019-11
New Economics Papers: this item is included in nep-pay and nep-rmg
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