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Direct answer · Data release 1.0.0-draft.2 · chain through block 960,000 · built 2026-08-08

How many Bitcoin address records have no eligible route in this release?

Answered from checked-in data · published 2026-09-23 · substantively modified 2026-10-02 · Markdown · All answers as JSON

165,871,862 address records — 10.84% of all records in the release — have on-chain history but no eligible directed path to the anchor set under this release’s traversal and terminal rules, so they have no assigned degree. This is a graph-reachability result, not proof of literal coin ancestry, ownership, or the absence of every possible transaction connection.

No eligible route is different from no history

This category contains records with on-chain history but no path that qualifies under the release’s traversal and terminal rules. A never-used receive address raises a different question: whether the dataset has on-chain history for it at all.

Do not assign an infinite degree or fold these records into degree 0. They have no assigned score in this release. The percentage in the answer is measured against all records, whereas a percentile among scored addresses uses a smaller population.

Inspect the supporting records below.

How to check this answer

  1. Check the traversal and terminal rules in the methodology.
  2. Distinguish “no on-chain history” from “no eligible route.”
  3. Keep the all-records denominator when citing this percentage.

Evidence

  1. Directional rule: coin flow only: addr --(spends, address is a tx input)--> tx --(pays, address is a tx output)--> addr. Source
  2. Why direction matters: The undirected version failed the 0.3 gate: treating two addresses as adjacent merely for appearing in the same transaction allowed paths to run backwards through recipients' unrelated transaction history, putting 55% of all address records at a single degree. Directional traversal follows observed input-to-output transaction flow rather than co-appearance. Source
  3. Genesis note: Under this rule the unspent genesis coinbase seeds no outgoing directed path. It remains in the anchor set for provenance but does not add reachable records. Source
  4. Distinct from the product's 'no on-chain history yet' state. These records had no eligible directed path under the selected terminal rules. This is not an unconditional disconnection claim and must not read as a failure or error. Source

What this answer does not claim

The result is specific to direction, anchor selection, terminal rules and dataset scope. It is not evidence that coins are lost, that an address is anonymous, or that no transaction connection could be drawn under a different graph definition.

These explanations were revised with AI assistance. Figures are computed from the stated data release; substantive content and SEO changes go through a separate source review. No named human or external expert review is implied.

Cite this answer

An answer with its evidence

Degrees of Satoshi. “How many Bitcoin address records have no eligible route in this release?” Answered from data release 1.0.0-draft.2, published 2026-09-23; modified 2026-10-02. https://degreesofsatoshi.com/answers/how-many-bitcoin-addresses-have-no-route-to-satoshi/