Coinselect v1.1.0: TypeScript Library for Bitcoin Transaction Management
Coinselect is a TypeScript library designed for Bitcoin transaction management. It leverages Bitcoin Descriptors to define inputs and outputs, enabling optimal UTXO (Unspent Transaction Output) selection and accurate transaction size calculations.
- "Just released bitcoinerlab/coinselect, a TypeScript library for Bitcoin Tx management. It leverages Descriptors for optimal UTXO selection & Tx size calculations, including precise witness sizes, even when multiple spending paths exist," announced José Luis Landabaso of BitcoinerLab.
- For an introduction to Bitcoin descriptors, please refer to @bitcoinerlab/descriptors if you're unfamiliar with them.
- For detailed API documentation, visit https://bitcoinerlab.com/modules/coinselect/api.
Features
- Utilizes Bitcoin Descriptor notation for expressing UTXOs and targets.
- Accurately calculates witness sizes in UTXOs for miniscript-based descriptors, even when multiple spending paths exist. Users can select the specific spending path for determining the witness size using the method outlined in @bitcoinerlab/descriptors. A detailed example is available in the Miniscript section below.
- Prevents the creation of outputs below the dust threshold, which Bitcoin nodes typically do not relay.
