bitcoin-coinselect

Bitcoin CoinSelect: A Rust crate for Bitcoin UTXO selection

A Rust implementation of Bitcoin's UTXO selection algorithms, part of a direct translation of the Bitcoin codebase from C++ to Rust. Some function bodies may still be in the process of translation.

This Rust crate, bitcoin-coinselect, provides a collection of algorithms and utilities for selecting unspent transaction outputs (UTXOs) in the Bitcoin network. The crate is part of a direct translation of the Bitcoin codebase from C++ to Rust, and some function bodies may still be in the process of translation.

The crate includes several core components:

• OutputGroup: A data structure representing a group of UTXOs eligible for spending in a transaction.

• eligible_for_spending: A function that determines if a given UTXO is eligible for spending based on various criteria, such as age and amount.

• knapsack_solver: An implementation of the knapsack algorithm for UTXO selection, which aims to find the most efficient combination of UTXOs to cover a target transaction amount while minimizing change.

• get_selection_waste: A function that calculates the waste associated with a particular UTXO selection, considering factors such as transaction fees and privacy.

• DescendingOrderComparator: A utility for sorting UTXOs in descending order based on their value, allowing for efficient selection of the highest-value UTXOs.

• CoinSelectionParams: A struct that holds parameters for the UTXO selection process, such as the target transaction amount, the desired number of inputs, and other constraints.

find_coins: A function that searches for eligible UTXOs in a wallet or set of UTXOs, filtering them based on the provided CoinEligibilityFilter criteria. This allows users to search for UTXOs that meet specific requirements, such as minimum confirmations or inclusion in a particular address range.

• CoinEligibilityFilter: A struct that defines the eligibility criteria for UTXOs, including minimum and maximum number of confirmations, whether to include watch-only transactions, and other filters.

• select_coins_bnb: An implementation of the Branch and Bound algorithm for UTXO selection, which aims to find an exact match for the target transaction amount without producing change, if possible. The algorithm searches through the UTXO set using a depth-first search with pruning, considering each UTXO's value and the total transaction fee.

• select_coinssrd: A function that implements the Single Random Draw (SRD) UTXO selection algorithm. This method randomly selects UTXOs from the available set until the target transaction amount is reached or exceeded. The SRD algorithm is typically used as a fallback when more advanced selection algorithms, such as the knapsack solver or Branch and Bound, fail to find a suitable solution.

• approximate_best_subset: A function that finds an approximate solution to the UTXO selection problem, using a greedy algorithm to select the highest-value UTXOs that cover the target transaction amount. This approach is less computationally intensive than the knapsack solver and Branch and Bound algorithm but may result in suboptimal selections.

• InputCoin: A struct representing a single UTXO in the context of the selection algorithms, containing information about the UTXO's value, associated transaction, and other relevant data.

• cmp, eq, partial_cmp: Comparison functions for sorting and comparing UTXOs based on their value or other criteria, allowing for efficient UTXO selection and management.

The bitcoin-coinselect crate provides a comprehensive toolkit for UTXO selection in Bitcoin transactions, offering a variety of algorithms and utilities to suit different use cases and requirements. By implementing these selection algorithms in Rust, the crate aims to provide a fast, efficient, and secure foundation for Bitcoin wallet software and other applications that require UTXO management.