The average cost per transaction in the network of Bitcoin has been above $ 3 since may 12, according to the information of blockchain.info and the reasons might go beyond the halving experienced by the network two weeks ago. The Twitter user @LaurentMT, data analyst, pointed out that it was convinced by Sergej Kotliar, CEO of Bitrefill, analyze the information in the mempool of Bitcoin. According to the user, an entity, which he called “Crazy 1 or 1”, has at least 2.3 million addresses portfolio of bitcoins. In addition, he noted that suspect that such entity may have under their control up to a maximum of 4 billion addresses portfolio. The main feature of these addresses is that they are all portfolio multifirma nested in scripts, P2SH or P2WPSH. A script is a term informally used to refer to a program relatively simple. The user said Kotliar suspected that Crazy 1 or 1 is one of the responsible of the congestion in the network of Bitcoin. Laurent believes that with the data you got, you can verify that the suspicions were true. The entity has spent around 804.000 UTXO from the first of may. A UTXO is an output transaction is not spent, or used, in essence, is the change a product of a transaction.
The congetión in the network of Bitcoin
Laurent said that is not normal to see that amount of UTXO, also noted that the entity has paid for more than 104 bitcoins in commissions from the 1 of may. In a few moments, the commissions paid by Crazy 1 or 1 accounted for between 10% and 12% of the fees collected by the miners. Laurent also explained that, the entity has been operational from 2019 to amass a great amount of UTXO. The majority of their transactions have a fingerprint specific of 3 outputs. And, finally, that the entity could be using an algorithm that consolidates the UTXO decreasing the amounts sent per transaction. Breaking News reported that there was a difficulty setting in the network of Bitcoin, then the halving. The adjustment decreased by 6% the difficulty of mining of the network. And, from the 12th to the 23rd of may, the hashrate of the network has fallen around 24%.