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Mark "Murch" Erhardt, engineer and technical owner of Bitcoin at BitGo, spoke about Coin Selection and UTXO Management.
"In the past months, the mempool has peaked above 50 MB of queued transactions multiple times, and the UTXO Set is trending on 60M UTXO again. Yet, a multitude of blocks has room for more transactions.
In his talk, Mark took a look at trends in mempool and UTXO Set, and shared his thoughts and anecdotes on managing UTXO Pools of different wallet types. He gave an overview of the challenges of building optimal input sets for transactions, compare strategies for coin selection, and discussed the dos and don'ts of managing high volume Bitcoin wallets."…...more
Mark "Murch" Erhardt : Unspent Management and Coin Selection
43Likes
1,415Views
2019Dec 6
Mark "Murch" Erhardt, engineer and technical owner of Bitcoin at BitGo, spoke about Coin Selection and UTXO Management.
"In the past months, the mempool has peaked above 50 MB of queued transactions multiple times, and the UTXO Set is trending on 60M UTXO again. Yet, a multitude of blocks has room for more transactions.
In his talk, Mark took a look at trends in mempool and UTXO Set, and shared his thoughts and anecdotes on managing UTXO Pools of different wallet types. He gave an overview of the challenges of building optimal input sets for transactions, compare strategies for coin selection, and discussed the dos and don'ts of managing high volume Bitcoin wallets."…...more