Bithypha

Bithypha is a free, open and community-driven blockchain analysis tool.
LN donations: [email protected] or

[Bithypha @bithypha]

Ever wondered how exchanges view your wallet?

Today, we released our auto-analysis feature. This allows you to scan where bitcoins are coming from or being sent to and will provide you with a complete overview. This can be done for:

- Transactions
- Blocks
- Addresses
- Clusters

Normally, features like these are only available to users who pay for an expensive subscription with analysis companies. Now, this is also available to the public on https://t.co/uMZTYsAnjg, without payment or account creation (limits may apply though). In the future, with better servers and upcoming updates, larger queries and advanced features will be supported.

Try it out at, for example: https://t.co/ZO1EWDwC3e

[Bithypha @bithypha]

@maxtannahill @wiz @MrHodl @brian_trollz @w_s_bitcoin @mempool The difficult part is that mempool doesn't have any clustering heuristic. So simply sharing our 800K attributed addresses is not enough, they need to also support clustering to get the other 289 million addresses as well.

[Bithypha @bithypha]

@maxtannahill @wiz @MrHodl @brian_trollz @w_s_bitcoin @mempool Very much agree with your last sentence. And there is indeed no guarantee. But the common spend heuristic is generally very reliable, certainly for exchanges. Plus we do collect evidence for all labels and display it with a reliability score in the frontend.

[Bithypha @bithypha]

@boyacaxa No idea, but losing 2.5 BTC probably hurts😅

Although not as bas as losing 27 BTC

https://t.co/JXD5wtfrqA

[Bithypha @bithypha]

The genesis address that received the bitcoins of the first mined block by Satoshi is very often used in examples to show how a bitcoin address looks like. For example in the readme or api documentation of bitcoin projects.

This results in people sometimes mistakenly sending bitcoin to this address from time to time. Yesterday someone send 2.56 #BTC to this address.

https://t.co/fP3QiXuhJU

[Bithypha @bithypha]

@Multicripto Thank you for taking the time to write this down

[Bithypha @bithypha]

How does address reuse make blockchain analysis easier?

We are still adding more data to Bithypha, but at the moment we have data for about 800,000 addresses resulting in 288 million addresses (~19% of the blockchain) due to clustering. The number of attributed outputs is much larger though, currently Bithypha has data for about 1.2 billion inputs (~38% of the blockchain).

Because people reuse their addresses, it's much easier to build large clusters. Each time an attributed address is reused and spent with another address, it adds attributions to all of the other addresses it is spent with (of course, this doesn't apply to CoinJoins).

This is also why some darknet markets punish address reuse by simply not crediting a second deposit to the same address.

[Arkad @Multicripto]

OXT vibes

[Bithypha @bithypha]

It is also able to scan all transactions in a block.
And should be pretty fast :)

[Bithypha @bithypha]

Curious why Bithypha associates certain taint with a specific address or cluster?

Today, we added the next step to the auto analysis tool by displaying all taint paths between transactions, clusters, and addresses. This feature provides deeper insights and facilitates more thorough investigations. And it allows you to independently verify whether Bithypha's assessments are accurate.

Don't trust, verify :)

You can try it out yourself at for example: https://t.co/HSkNSnK6o2

[Bithypha @bithypha]

Curious why Bithypha associates certain taint with a specific address or cluster?

Today, we added the next step to the auto analysis tool by displaying all taint paths between transactions, clusters, and addresses. This feature provides deeper insights and facilitates more thorough investigations. And it allows you to independently verify whether Bithypha's assessments are accurate.

Don't trust, verify :)

You can try it out yourself at for example: https://t.co/HSkNSnK6o2

[Bithypha @bithypha]

Or this one for example :)

https://t.co/KmVKW6Hhwm

[Bithypha @bithypha]

Small update to Bithypha, we added support for OP_RETURN messages when exploring transactions.

For example: https://t.co/2S88V3DwTp

[jordan @linkinparkrulz_]

A lot of the links were broken for Next Block instances, due to websites and servers going down in the wake of the unjust arrests of @SamouraiDev and @SamouraiWallet.

I went through and cleaned those up and along the bottom now you'll see:

FreeSamourai | Sentinel | Dojo OSP | Paynym [dot] rs | Ashigaru

Another element was that OXT is shutdown and therefore the link to the latest block was broken. With the emergence of a solid project like @bithypha it made total sense to use them as the link.

I'm excited to see where they take it. It's super slick.

[Bithypha @bithypha]

A link to Bithypha was added to the Next Block project when you click on block height, big thx to @linkinparkrulz_ 😁

For example: https://t.co/Lo2fc2VRIu

[Samourai Wallet @SamouraiWallet]

What miner fee will get you into the next block without overpaying?

We're pleased to launch https://t.co/SnKkprqQ8m to help select the right fee when building your bitcoin transactions.

Our next gen fee estimation algorithm, NextBlock will be built into Samourai next release.

[Bithypha @bithypha]

Looks like these Silk Road coins went to a Coinbase Prime address belonging to the U.S. government.
https://t.co/OD2pfF2epV

[Bithypha @bithypha]

Some Silk Road coins on the move, cluster becoming active again after more than a decade sending 33 bitcoins to a new wallet.

https://t.co/zpM8YoAgl8

[Bithypha @bithypha]

We added all collectibles as an OSINT source to Bithypha (for example Casascius). In total we added 45 different coins, 282 series and 125,469 addresses that have held bitcoins or still hold some.

For example this Casascius coin holding 1000 #bitcoin
https://t.co/98XQYesNRr

[Bithypha @bithypha]

Some Silk Road coins on the move, cluster becoming active again after more than a decade sending 33 bitcoins to a new wallet.

https://t.co/zpM8YoAgl8