Welcome!

While the price of Bitcoin was reaching all time highs at the end of 2017, behind the scenes, dust was accumulating.

People on Reddit recently associated a Bitcoin address with the current backlog experienced by the Bitcoin network. While I don’t know the exact impact of this address’ activity on the current backlogs, I spotted a way to reduce the size these transactions take.

More than a year ago, I published a state of Bitcoin multisig, presenting its history and its uses. Since then, the number of bitcoins stored in multisig setups has been relatively similar, hovering between 9 and 11% of all bitcoins (around $1.3B now). However, with a complete rewrite of p2sh.info’s backend, I am now able to tell you more about how multisig is used and what can we learn from it.

In a previous article, I explored different forms of non-standard scripts present in the Bitcoin blockchain. In this article, I’ll focus on non-standard scripts use in pay-to-script-hash (P2SH) transactions.

In this article, I’ll look at the history of multisig, how it is used in the Bitcoin environment and how it will shape its future.

We know how bitcoins are created, but how can they be destroyed?

This summary is independent of the content.