Script Hash Identification

Script hash identification involves analyzing the specific script structure used to lock funds on a blockchain. Different types of scripts, such as multisig or P2SH, have distinct signatures that can be identified on-chain.

By tracking the usage of these scripts, analysts can categorize addresses by their security model or the type of service provider they are interacting with. For example, a multisig script might indicate institutional custody, while a specific P2SH pattern could point to a particular DeFi protocol.

This identification allows for a more granular understanding of the market, distinguishing between individual users, exchanges, and automated smart contracts. It adds another layer of depth to heuristic clustering by providing context about the entity's infrastructure and operational choices.