Transaction UTXO Consolidation Analysis

Yes, this transaction does consolidate UTXOs. Here’s a detailed breakdown:

• Inputs and Outputs: The transaction has 61 inputs and 1 output. This structure typically indicates that multiple smaller UTXOs are being gathered into a single larger output, which is characteristic of consolidation.

• Value Movement: The total input of 8,584,540 sats is only slightly higher than the total output of 8,575,474 sats. The difference largely accounts for the fee of 9,066 sats, reinforcing the likelihood of UTXO consolidation.

In summary, the input-output configuration, alongside the fee structure, strongly suggests a consolidation of UTXOs.

Comparison with Previous Block

In comparing block #895496 with its predecessor, several key differences emerge:

• Transaction Count: The total number of transactions in block #895496 is currently unknown, which prevents a direct comparison of activity levels.
• Fee Structure: The transaction fee for the most recent block is 9066 sats. Without the fee data from the previous block, it's difficult to assess trends in fee dynamics.
• Input and Output Distribution: Block #895496 shows 61 inputs and 1 output, indicative of potential consolidation activity. This contrasts with typical blocks that may feature more balanced inputs to outputs.
• Wallet Types: The input transactions predominantly utilized p2pkh, suggesting a common wallet type preference, further reinforcing the consolidation-like behavior inferred.

Ultimately, these elements highlight a block that potentially serves as a consolidation point rather than one featuring diverse transactions or higher miner activity. The absence of known miner details further complicates the analysis.

This comparison prompts a closer look at evolving transaction behaviors as blocks progress.

Transaction Insights

Overview

The analyzed transaction (TXID: c55d5265679dfde1851182f584617d207ab2a8b76f42aa20cde35f2c28a8711c) presents several interesting characteristics that warrant a technical examination.

Transaction Type

• Inputs: All inputs are categorized as P2PKH (Pay-to-PubKeyHash), amounting to 61 distinct inputs.
• Outputs: The transaction features a single output, marked as v0_p2wpkh (Pay-to-Witness-PubKeyHash).

Input/Output Analysis

• Input Count: The use of 61 inputs is notably high, pointing to possible consolidation behavior. This indicates that multiple smaller UTXOs were aggregated into a single transaction output, optimizing the UTXO set.
• Output Size: The transaction's single output of 8,575,474 sats suggests a significant transfer, yet it stems from an extensive input pool.

Fee Structure

• Fees: The transaction incurs a fee of 9,066 sats. Given the context, this fee is relatively standard, but when considered against its size, it warrants further analysis.
• Fee per Byte: With a high number of inputs and only one output, the transaction potentially possesses a favorable fee-to-byte ratio, although it is not classified among the top fee payers.

Structural Elements

• OP_RETURN and MultiSig Flags: The absence of OP_RETURN and MultiSig outputs indicates typical transaction simplicity. The focus appears to be on transferring value efficiently without embedding additional information or complex scripting.

Insights from Block Analysis (Height: 23)

1. Unique Transaction Dynamics

• This block features a singular transaction, highlighting a rare occurrence in Bitcoin blocks. Typically, blocks contain multiple transactions, but here the total transaction count stands at just 1.
• The lone transaction has an unusual fee of 0 sats, indicating a potential experiment, testing, or a fee-free transfer, which could warrant further investigation into user behavior or network settings at this time.

2. Consistent Block Dimensions

• The size of 215 bytes and weight of 860 units are consistent with the previous block (Height: 22), which also measured 215 bytes and 860 weight units. This stability hints at a static usage of space, possibly influenced by protocol behavior or transaction structure.

3. Coinbase Analysis

• The coinbase value of 5 billion sats is significant, mesmerizingly larger than typical coinbase awards in other blocks. It likely reflects a genesis or foundational block where reward mechanisms or incentive structures could have recently been recalibrated or altered.
• The absence of an OP_RETURN script indicates no data was attached, aligning with the typically expected behavior for primary block transactions, yet contrasting with some blocks that utilize it for additional features or options.

4. Miner Specifics

• Notably, this block was mined by "1," which can be indicative of the genesis mining operation. The miner's identity is fixed here compared to blocks 22 and 24, where no miner is documented. This consistent miner presence hints at a strategic or initial phase of network exploration.

**5.

Comparison of Block 773613 with Previous Block 773612

Key Differences

• Coinbase Value:

  • Block 773613: 630,419,355 sats
  • Block 773612: 0 sats

• Total Transactions:

  • Block 773613: 1,436 transactions
  • Block 773612: 2,600 transactions

• Block Size:

  • Block 773613: 767,401 bytes
  • Block 773612: 1,560,104 bytes

• Weight:

  • Block 773613: 1,929,403 units
  • Block 773612: 3,998,156 units

Notable Features

• OP_RETURN in Coinbase:
  • Present in Block 773613 (Yes), absent in Block 773612 (No).

This summary highlights the significant changes between the two blocks, especially in their economic activity and transaction volume. If you have any more questions or need further clarification, feel free to ask!