Author

Topic: Different insight to UTXOS categorization+ how Wrapped UTXOS are handled? (Read 54 times)

full member
Activity: 228
Merit: 156
I recently discovered glassnode site and read some of their articles
https://insights.glassnode.com/bitcoin-supply-distribution/

I know they address market issues, but I'm trying to look at the other side of the river as they say and use the info & knowledge they provide in software development
.
1- What ur thoughts about the article?
2-Do u know how Wrapped UTXOS (into ERC-20) r handled as UTXOS? I mean do they have any features on their spending pattern?
(in the article he says they must be at least 1000 Btc)
.
3-I think it's stated but to make it more clear, the ratios (like shrimps ~ 4.37%) refers to the total Btc value, not number of UTXOs
.
4-In here, and other articles & papers too, they say dust represents about 30-40% of UTXOS;
https://unchained-capital.com/blog/dust-thermodynamics/
this is the direct link to the graph, but I can't follow it quite well
https://chart-studio.plotly.com/~unchained/41/utxo-balance-percentiles/#data
(There's a paper too, but I think I added it before here)

 however most of those studies r dated to 2020, do u think this ratio still holds?If so why didn't anyone suggested to separate them (I know again my same idea, but really why not?)
Jump to: