I am looking for a statistic of the usage of multi-sig addresses over time. More concrete: what is the percentage of Bitcoins stored in a multi-sig address over time.
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1 Answer
I calculated it here summarized per month:
month btc count
201201 0.010000 1
201202 1.150000 5
201203 0.015000 2
201209 0.010000 1
201212 137.737103 46
201301 9.781411 9
201302 0.100000 2
201303 527.570925 724
201304 385.334698 1137
201305 300.712263 991
201306 20.247942 78
201307 6.251700 13
201308 0.934915 2
201309 0.499281 10
201310 0.233557 45
201311 0.903894 352
201312 0.184625 796
201401 0.187421 1237
201402 0.546214 4086
201403 0.573631 4314
201404 1.406338 12761
201405 1.019459 9331
201406 13.324859 11959
I counted all multisig output transactions with valid public keys.
answered Jul 9, 2014 at 19:32
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Interesting numbers. Any idea why there is such a huge peak around 201304. And it's also strange that in 201404 there a very much transactions, but no real volume. I assume the non-existent months have 0 btc/counts? Commented Jul 9, 2014 at 20:56
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thanks for this numbers. Can you tell me how you calculated them and can you calculate this number: "What percentage of Bitcoins stored in a multi sign address?" From the numbers you came up with it looks like it is way less then 3k Bitcoins in total. That is a extremely small number compared to about 11kk Bitcoins in existence. Commented Jul 9, 2014 at 21:39
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very small indeed, percentagewise that would be close to zero. Commented Jul 9, 2014 at 23:03