Bitcoin network celebrates 1 billion transactions as a Satoshi-era wallet awakens

Bitcoin network celebrates 1 billion transactions as a Satoshi-era wallet awakens
фото показано с : cryptoslate.com

2024-5-6 12:41

Bitcoin network processed its one billionth transaction 15 years after it mined its genesis block in January 2009.

Notably, the network achieved this milestone the same day a Satoshi-era Bitcoin address came to life.

1 billion transactions

According to data from the Bitcoin dashboard on Clark Moody, the network processed its one billionth transaction in block 842,241 at 05:34 UTC+8 on May 6.

On average, the network has processed 178,475 transactions daily within the 15 years of its launch.

The milestone drew praise from the crypto community, who have set eyes on the next billion target.

Tarik Sammour, an associate professor at the University of Adelaide, pointed out that Bitcoin achieved this milestone “flawlessly, securely, and without any centralized intermediary.”

Similarly, Matteo Pellegrini, the founder of the Orange Pill App, noted that Bitcoin reached this milestone in 15 years compared to Visa’s 25 years.

What is driving Bitcoin transaction volume?

In its early years, Bitcoin transactions were mainly driven by users using the coin to move value between themselves. However, that trend has changed recently, thanks to the launch of novel protocols like Ordinals Inscriptions and Runes. These assets have drawn increased attention and interest to the blockchain, spurring high network activities.

For context, the Bitcoin blockchain recorded its highest daily transaction volume on April 23, processing over 926,000 transactions, of which approximately 90% stemmed from the Runes protocol.

Moreover, the launch of spot Bitcoin exchange-traded funds (ETFs) in January this year has also increased the number of transactions the network handles.

Satoshi era BTC address

A long-dormant Bitcoin address, originating from the early days of Satoshi Nakamoto’s creation, was recently brought back to life after a decade of dormancy.

Once holding 687 BTC valued at $43.9 million, the wallet saw its contents split and transferred to two distinct addresses during the early hours of today, May 6. In this transaction, 625.43 BTC found its way to an address beginning with bc1qky, while the remaining 61.9 BTC headed to bc1qdc.

Blockchain investigator Lookonchain reported that the whale first received the 687.33 BTC on Jan. 12, 2014, when the price was $917.

The post Bitcoin network celebrates 1 billion transactions as a Satoshi-era wallet awakens appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 96921.5 (-0.01%)
Объем 24H $40.701b
Изменеия 24h: -0.42 %, 7d: -5.71 %
Cегодня L: $96041.94 - H: $97458.26
Капитализация $1919.009b Rank 1
Цена в час новости $ 63323.72 (53.06%)

network bitcoin satoshi-era achieved notably 2009 january

Источник: cryptoslate.com

network bitcoin → Результатов: 126


Bitcoin’s Network Fundamentals Turn Bullish—Here Are The Details

Amid the ongoing Bitcoin price correction after attempting to reclaim $70,000 on Monday, a CryptoQuant analyst known as Mac. D has highlighted key shifts in the asset’s network fundamentals. This key shift in Bitcoin’s network fundamentals includes the rise in Bitcoin’s hashrate, which has surged to an all-time high, marking a significant milestone for the network.

2024-10-24 07:00


Bitcoin Transaction Fees Surge as Demand for the Network Rockets Higher

Demand for the Bitcoin network is beginning to take off, with the crypto’s ongoing price rise being the likely suspect behind this sudden uptick. This has resulted in the cryptocurrency seeing a massive spike in its transaction fees, which have nearly reached the yearly highs that were set just after the mining rewards halving event […]

2020-7-30 05:00


Bitcoin Cash vs Lightning Network debate: Roger Ver says ‘cherry-picking’ data is misleading

The crypto community is a vast network of developers, entrepreneurs, leading to drawn-out comparisons between competing virtual assets. As reported earlier, Bitcoin Cash was recently compared to Bitcoin’s Lightning Network in terms of network activity and comparative growth over the past 12 months, and it was indicated that BCH’s performance was largely underwhelming.

2019-9-9 10:30


Фото:

Economic Rationality and the Bitcoin Network

The Bitcoin network has now been functioning for a decade. In that time, human beings have actively interacted with the system, participating as miners, running nodes, and making transactions. In addition to securing the network and increasing decentralization by contributing computing power, human beings have also played a significant role in the increase in the value of the cryptocurrency.

2018-12-31 12:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Сегодня ночью BTC обновил рекорд: $106,000 на фоне обещаний Трампа о крипторезерве

Сегодня ночью цена биткоина достигла исторического максимума в $106,352 после заявления Дональда Трампа о возможном создании стратегического Bitcoin-резерва в США. BTC за последние семь дней вырос на 5,57%, а за последние сутки — на 2,97%.

Во Франции криптовалюту обложат налогом — даже если ее не продавать

Во Франции на подходе новый налог для владельцев криптовалют. Сенатор Сильви Вермеийе предложила считать BTC «непродуктивным» активом. Стоит отметить, что налог будет относиться к нереализованной прибыли.

Биткоин пробил $100,000, но Пауэлл всё ещё скептичен

Глава ФРС США Джером Пауэлл на фоне взлета BTC до $100,000 заявил, что Биткоин — не соперник доллара, а «виртуальное золото». По его словам, криптовалюта слишком нестабильна, чтобы стать платежным средством на постоянной основе.

Куда летит Bitcoin? Аналитики ждут параболический рост

По мнению экспертов, Bitcoin вот-вот всех удивит. Так, один из известных аналитиков считает, что мы только что вошли в фазу мощного роста, которая продлится до конца 2025 года. Криптоаналитик под псевдонимом Rekt Capital заявил, что прорыв Биткоина выше $69,000 — это сигнал к началу «параболического роста».

Сколько заработали те, кто вложились в Bitcoin 10 лет назад?

Если бы вы купили Биткоин 10 лет назад, в 2014 году, когда он стоил $378, сегодня вы бы получили просто невероятную прибыль. Вот для сравнения доход от инвестиций в BTC при разных суммах вложений: $100 стали бы $25,159 $500 — $125,795 $1000 — $251,590.

Bitcoin в 2024: $100К или $150К — чем закончится этот год?

Последние аналитические данные показывают, что шансы на то, что Биткойн достигнет $100 000 до конца 2024 года, сейчас составляют 45%. Это гораздо больше, чем еще пару недель назад, когда вероятность была только 34%.