A Method for Analyzing the Activity of Cold Wallets and Identifying Abandoned Cryptocurrency Wallets

Andrey S. Khadzhi, Sergey V. Zareshin, Oleg V. Tarakanov · 2020

The article presents a method for analyzing the activity of cold and abandoned wallets on the example of blockchain Litecoin. The implementation of the software for searching correlations in the behavior of cold wallets using the API resources for interaction with blockchain Litecoin in Python 3.7 is described. Also, the statistics of the approximate ratio of conditionally thrown wallets of cryptocurrency in blockchain at the moment is presented and the analysis of the received data is given.

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