Go with the -Bitcoin- Flow, with Visual Analytics

Abstract

Bitcoin is a cryptocurrency and a peer-to-peer payment system, where transactions directly take place between pseudo-anonymous users, without any centralised authority. Since the block-chain (i.e., the public ledger where transactions are registered) is an example of Big Data, a straightforward visualisation is not very informative. For this reason, we employ techniques from Visual Analytics to filter out undesired information in order to obtain a tool to visually analyse the transactions and help its analysis. For instance, different views can highlight miners, or sources and leaves of bitcoin flows, together with the balance of each address and transaction. Moreover, the main view sees transactions as grouped into disconnected "islands", making it possible to focus on only one of them at once.