Bitcoin Is Close to Cutting Fees with Better Coin Selection

Bitcoin Is Close to Cutting Fees with Better Coin Selection
One of the technical mechanisms that has helped earn bitcoin comparisons to cash is on the verge of a major update.

Called "coin selection," the term refers to the algorithm that today decides which bits of data come together to create a user"s transaction. Essentially, the coin selection code replicates the process of giving, say, a $10 bill to a cashier for a $7 item and the consumer receiving $3 in change.

But if that doesn"t sound particularly complex, remember bitcoin is experimental software, and this function, while working, ...
Read more about "Bitcoin Is Close to Cutting Fees with Better Coin Selection" on coinatory.com

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