Ethereum: What is the coin selection algorithm?

Ethereum parts selection algorithm: a deep dive

When it comes to making transactions on the Ethereum network, the choice of the right combination of unat -spent outings (USOS) is crucial. This process, called selection algorithm or parts expenditure, determines which non -certain inputs will be used to pay a transaction. In this article, we will explore how the Ethereum parts selection algorithm works and if that has changed over time.

The standard customer

In the standard customer, transactions are created using the Ethereum virtual machine (EVM). When creating a transaction, the user selects one or more outings not spent from their input balance accounts. The EVM then uses this information to determine which usos will be used for the selection of parts.

Parts selection algorithm

The parts selection algorithm is based on the concept of “generation of parts” and “expenses”. According to the Ethereum White Paper, the algorithm works by:

  • Identification of outings not spent from the balance of the account of a user.

  • Use of these entries to determine which parts will be used for expenses (that is to say paying transactions).

  • Allow money priorities according to their supply and available operating difficulty.

In other words, the algorithm first selects the rarest and most difficult rooms to undermine, ensuring that they are good likely to be spent in high quantities.

Changes history

Interestingly, the Ethereum parts selection algorithm has undergone changes from its initial version. The 2015 version was based on a simple linear sorting algorithm, where all the indisputable outings were sorted by their availability, then assigned to the rarest parts. This approach had certain limits, such as allowing extremely low coins.

In response to these criticisms, the developers of Ethereum introduced the current algorithm of selection of parts in June 2016. The new algorithm uses a more sophisticated sorting method based on the value of the “expenditure priority” (SP) The part, which takes into account the factors as the available offer of the available part of the available part of the available part of the available part of the room available from the room. and difficulty in mining.

Current coins selection algorithm

The current selection algorithm of the parts is as follows:

  • Sort all the outputs essential by their availability.

  • Assign a priority expenditure value (SP) at each outing according to its availability and its operating difficulty.

  • Try the sorted list based on SP values, more expensive parts are allocated higher priorities.

Conclusion

Ethereum Coin selection algorithm is a complex mechanism that guarantees the fairness and efficiency of transactions on the network. Using a combination of sorting and hierarchy, the algorithm first selects the rarest and most difficult parts to mine, reducing the probability that high -priority coins will be spent in small quantities.

While some criticisms have raised concerns about the simplicity of algorithm, Ethereum developers argue that this approach provides a good balance between equity and computer efficiency. While the Ethereum network continues to evolve, it will be interesting to see how future updates refine and improve this parts selection algorithm.

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