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Blockchain transactions are often fast-paced and complex.
This demo shows bitcoin transactions and entity resolution.
We can use a graph to spot interesting patterns and activity that would normally be hidden in an unintelligible list of anonymous transactions.
For more information on blockchains and bitcoin transactions, see our Visualizing Bitcoin blocks blog post.
Each transaction is linked to nodes representing its inputs and outputs. Bitcoin transactions are public but anonymous.
Users commonly generate a new address for every transaction, but this is not always the case. As it is more convenient and some users are indifferent to anonymity, around half of the addresses in a typical block are reused.
Identical addresses are likely to be from the same wallet, and so we can group transaction inputs and outputs by address to see what activity that address has been involved with.
Each view guides you through the data, looking at both typical and more unusual transactions. Transaction activity is summarised in the time bar below the chart.
This data is a subset of block 611900.
Key functions used: