Drawing #Bitcoin Exciting update. I’ve translated the visual programming script I created to visualize blocks into a web based tool to visualize, compare and contrast blocks in real time. Now live for you to have fun with. http://Drawingbitcoin.com Works better on desktop, simplified version for mobile. Transactions within blocks are plotted at log scale with a radial distribution based on btc transaction size. Up to two blocks at a time can be visualized and compared. Interesting insights into blocks can be seen instantly. Currently powered by the api and would like to self host soon. Also a proto-type so excuse the bugs and might get a bit laggy if overloaded! This tool was originally created for myself to create physical art works of blocks and I’ll be launching work on the platform soon where physical art works will be available. More updates soon on this. Excited to share this and tagging in again all the bitcoin artists who have inspired me along the way on this project. Especially @TC whose work and recent conversations helped push this to the next level. Have fun with the tool and hopefully this will inspire more bitcoin art and visualization! @M A D E X @Brekkie @npub1lceh...pa0l @npub1r0pw...6zy4 @npub1auvt...lf4r @npub1frac...r6de @npub1yp7w...zys7 @npub1qrdg...wmc5 @npub1rujw...00fg
Drawing #Bitcoin The 3rd and 4th halving blocks 630,000 11th May 2020 840,000 20th April 2024 With time and Ngu, more on chain transactions are pulled towards the centre as lower and lower btc transcation dominations are the trend for the majority of uses in the network Deflation as a visual graphic @Jeff Booth @npub1s5yq...6q7z @Lyn Alden image
Drawing Bitcoin The first halving block. 2012 #bitcoin started the year around 5$ Block reward halved from 50 -> 25 Network hashrate ~28TH That year; - Obama gets re-eleted - London Summer Olympics - PSY releases Gangnam Style - Facebook IPO Block - 210 000 Timestamp – 2012.11.28 15:28:38 UTC Transactions – 457 Coinbase – 25 BTC + 13.563 Difficulty – 3438908.9601591383 Weight – 796.51 kWU Size – 199.13 kb Hash –000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e image
Drawing #Bitcoin Experiments in scale and comparison Playing with a non linear scale applied to every 50,000th block image
Drawing Bitcoin Some blocks have thousands of transactions, early blocks have hundreds… This snapshot of block 210 000 captures clusters of transactions around 1 BTC Block - 210 000 Timestamp – 2012.11.28 15:28:38 UTC Transactions – 457 Coinbase – 25 BTC + 13.563 Difficulty – 3438908.9601591383 Weight – 796.51 kWU Size – 199.13 kb Hash –000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e #bitcoin
Drawing Bitcoin One of the first challenges of this project was to understand and establish a scale for drawing blocks. I wanted to represent them at a scale and detail with high resolution that allowed them to be unique and comparable. I wanted to express each transaction within a block and log scale emerged as one of the only ways to draw data with such wide ranges without too much abstraction. Re-sized 1 btc to 150mm this works nicely for now for the first 1,000,000 blocks at a 700 x 700 canvas size First drawing captures the first 4 halving blocks as a comparative study; 210000 - 2012.11.28 420000 - 2016.07.09 630000 - 2020.05.11 840000 – 2024.02.20 The drawing shows an expected pull of transactions towards the centre as the mining reward decreases and the btc price surges. Second drawing shows the mining reward as a layer on top showing the relationship between transaction ranges and reward.