Self Organisation in Coin Selection (Explained)


#1

New video where I go over coin selection policies as described in the Cardano wallet spec.

This is an important algorithm since it can help minimize transaction fees, increase privacy and improve wallet performance!


#2

Are utxo different wallet addresses? Why doesn’t everyone just consolidate everything into one address? To avoid the higher fees.


#4

The value of an address is the sum of the UTXO associated with it.

You can think of each UTXO as having an address field attached to it.


#5

I said this ages ago in the telegram, if you want to minimise dust, just use “smallest-first”.

Over time, smallest first, gives you the minimum dust.