Description
TL;DR: A blockchain measurement paper tracking how projects used OP_RETURN and how that usage evolved over time.
About This Document
Massimo Bartoletti and Livio Pompianu explain the script instruction that lets a transaction carry a small arbitrary payload, identify protocols built on that feature, classify their application domains, and measure usage patterns. The study addresses debate about placing non-currency data on a blockchain whose primary purpose is payments.
Why Bitcoin People May Care
OP_RETURN sits at the boundary between open settlement and general-purpose data publication. This 2017 dataset shows what users were writing at the time, but later size rules, fees, projects, and chain activity may differ. The paper is empirical research, not an endorsement of permanent data embedding or proof that every classified payload is benign.
What You Receive
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Document Details
- Title: An Analysis of Bitcoin OP_RETURN Metadata
- Author / organization: Massimo Bartoletti and Livio Pompianu
- Year: 2017
- Language: English
- Document type: Bitcoin blockchain-analysis paper
- Pages: 18
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