Visualizing Bitcoin OTC Trust Networks
Below is a who-trusts-whom network of people who trade using Bitcoin on a platform called Bitcoin OTC. Since Bitcoin users are anonymous, there is a need to maintain a record of users' reputation to prevent transactions with fraudulent and risky users. Members of Bitcoin OTC rate other members in a scale of -10 (total distrust) to +10 (total trust) in steps of 1.
Let's see if we can produce some meaningful insights by visualizing a snapshot of the network.
Dataset statistics¶
- Nodes 5,881
- Edges 35,592
- Range of edge weight -10 to +10
- Percentage of positive edges 89%
Sampling¶
One month sample is used with a broad range of ratings.
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