Embedded Data charts/OP_RETURN Block Share

OP_RETURN Block Share

Daily average OP_RETURN data as a percentage of block size

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About this metric

Definition

How much of a block is OP_RETURN data. An OP_RETURN output is a deliberately unspendable output whose script carries a few dozen bytes, which can timestamp or label things on chain. 63.1% of all blocks contain at least one.

How it is measured

OP_RETURN script bytes over serialized block bytes. Script bytes only, so the output's value and length fields sit outside the numerator, which makes this a floor on the true on-chain cost rather than the whole of it.

Measured from my own Bitcoin node. Methodology