Replying to Avatar Tony

The number of #Bitcoin addresses with a non-zero balance has crossed 50M

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Eric ✝️🇻🇦🇨🇦🇵🇹 2y ago

Maybe its all spam.

Transaction with only one input and 500 outputs of 500 sats each.

#m=image%2Fjpeg&dim=1080x1035&blurhash=%7C74emrnfnIp2NTaag8W7nNR_s%3Fo%24WQs%40kDW8oiWBRdSZktsFsGo%25niavW%3FtCs%3FoGf3X4W%2CjFbIaxxzstnfW*X3WTWSf-jcRxRykYs%5Br%5DsqkEawawRyWSf-oNn-oMj%40jbawtDsti%5DWRSbWmaxfQj%5EayjdaeWTa%7Daxfij%5Bj%5D&x=c91b4f17cd1dd96a1ffaea9b7850bae2be2065b6d83b840e383c40d948f78b2a

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Leo Wandersleb 2y ago

If this is what I think it is, all those sats went to the same address so they count as "1" in above's statistic.

For a mempool cost point of view, UTXOs matter. For a number of active wallets, addresses matter although they are still a poor proxy.