swtotal_size
Tech spec
| Field | Value |
|---|---|
| API name (slug) | swtotal_size |
| Group | network statistics |
| Unit / Valuetype | bytes / other |
| Shape | scalar |
| Resolutions | block, h1, h4, h8, h12, d1 |
| Endpoints | /v2/network_statistics |
| Tier | 0 |
| Last updated | 2025-08-30 07:29 UTC |
| Docs | Open in Swagger |
Brief Description: The average size of SegWit data in Bitcoin transactions, measured in bytes.
swtotal_size measures the average size of Segregated Witness (SegWit) data included in Bitcoin transactions, providing insights into network efficiency and SegWit adoption.
Interpretation
- High swtotal_size: Indicates widespread use of SegWit, reflecting increased network efficiency and higher adoption.
- Low swtotal_size: Suggests limited SegWit usage, potentially pointing to slower adoption or reliance on legacy transaction formats.
swtotal_size provides valuable insights into Bitcoin’s scalability and how SegWit adoption trends impact network performance and transaction throughput.
Advanced Explanation SegWit, introduced to Bitcoin to improve scalability, separates signature (witness) data from transaction data, reducing the effective transaction size and increasing block capacity. swtotal_size captures the average size of SegWit data per transaction.
Calculation:
swtotal_size = Total SegWit Data Size / Total Transactions
Aggregation logic: average per time period