txsize_median
Tech spec
Field | Value |
---|---|
API name (slug) | txsize_median |
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 median size, in bytes, of Bitcoin transactions.
txsize_median measures the typical data size of Bitcoin transactions processed, offering insights into transaction complexity and network efficiency.
Interpretation A rising transaction size could indicate that more complex or data-heavy transactions are becoming prevalent, potentially due to increased usage of smart contracts or other advanced features. Conversely, a decreasing trend may suggest a surge in simpler, possibly automated transactions. This metric, therefore, can serve as a barometer for the network's changing landscape, offering insights into both the technical evolution of Bitcoin and its adoption curve.
Advanced Explanation The median transaction size, referred to here as txsize_median, is measured in bytes and reflects the aggregate data load that transactions impose on the network. Given the finite space in each block, txsize_median offers a panorama of network efficiency and scalability at any given point.
Aggregation logic: average (of block medians) over time period.