Bitcoin Network Tops 1 Billion In Total Transactions Processed

2024-5-6 13:17

The Bitcoin network has reached a major milestone, processing its one billionth transaction yesterday, an achievement comes 15 years and 4 months after Bitcoin's genesis block was mined on January 3, 2009.

JUST IN: #Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/bFbSW5NEAW

— Bitcoin Magazine (@BitcoinMagazine) May 5, 2024

At an average rate of 178,475 transactions per day over its 5,603-day lifespan so far, Bitcoin has demonstrated the ability to handle significant volume securely without centralized intermediaries.

Many early critics argued nobody would use Bitcoin, but today, the network handles daily transaction volumes on par with major payments giants. 

This milestone also comes on the heels of Bitcoin's recent all-time high above $73,000 in March 2024. The excitement around the latest halving event and new protocols like Ordinals and Runes have driven surges in network activity.

All told, April 23 saw a single-day transaction record above 926,000, and while volume has moderated from those highs, Bitcoin continues averaging 600,000+ transactions in May 2024.

Click the image to learn more.

By reliably facilitating 1 billion transactions in just 15 years, Bitcoin has proven its resilience and capacity at scale. And with accelerating adoption, Bitcoin appears poised to reach the next billion transactions at an even faster pace.

The milestone highlights how far Bitcoin has come since its experimental early days. What was once dismissed as a playground for enthusiasts is now a trillion-dollar asset class that is too important for institutions to ignore.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 68813.72 (+0.04%)
Объем 24H $42.222b
Изменеия 24h: 0.02 %, 7d: -3.44 %
Cегодня L: $66916.68 - H: $68910.37
Капитализация $1360.997b Rank 1
Цена в час новости $ 64073.42 (7.4%)

bitcoin transactions network proving resilience years launch

Источник: bitcoinmagazine.com

bitcoin transactions → Результатов: 126


Research: Bitcoin Inscriptions might have run their course

Bitcoin Ordinal Inscriptions, digital assets akin to NFTs inscribed on a satoshi, have been flooding the Bitcoin network with transactions, pushing it to an all-time high. While miners enjoy record-breaking profits from the fees generated, a surprising negative correlation has emerged between the number of transactions and active addresses.

2023-5-11 15:00


Slow but steady wins the race: Coinbase to add batched Bitcoin transactions

The recent spike in bitcoin prices and the skyrocketing number of daily outputs has had a direct impact on the transaction fees and the congestion of the mempool. Despite the different solutions that have been implemented to address these issues, some of the most important cryptocurrency exchanges in the industry have failed to implement them.

2019-6-8 11:10


Bitcoin Blocks Are Close To Becoming Full Once Again Per Latest Industry Research Report

Bitcoin Blocks Are Close To Becoming Full Once Again Bitcoin (BTC) blocks seem to be reaching a limit, leading to an increase in the fees that miners take for processing transactions. Since April 2018, the number of transactions in the Bitcoin network has been growing, reaching 452,000 transactions in just a single day a few […]

2019-5-7 21:47


Фото:

Bitcoin hits massive milestone with its 400,000,000th transaction

Bitcoin has reached a milestone! The blockchain powering the world’s most popular cryptocurrency officially processed its 400,000,000th transaction overnight. That’s right. Check the records – at pixel time, there have been at least 400,251,742 transactions sent via Bitcoin‘s independent, censorship-resistant, peer-to-peer electronic cash system.

2019-4-9 12:19


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

After a 25% price drop, can Kaspa [KAS] crypto rebound to $0.12?

Kaspa’s price dropped by double digits over the last 30 days Several metrics hinted at a trend reversal towards $0.12 The last 30 days were disastrous for Kaspa [KAS] as it shed a substantThe post After a 25% price drop, can Kaspa [KAS] crypto rebound to $0.12? appeared first on AMBCrypto.

A Trump win is good for Ethereum ETFs - Analyst

The Ethereum Fund Market Premium flipped negative, showing weak institutional demand for ETH products  Nate Geraci believes staking for Ethereum ETFs could happen sooner under the Trump adminiThe post A Trump win is good for Ethereum ETFs - Analyst appeared first on AMBCrypto.

Doge Day Celebration Sparks Optimism For DOGE’s Future Rally

Today marks Doge Day, a heartfelt celebration dedicated to Dogecoin and its beloved mascot, Kabosu—the iconic dog who inspired the community motto “Do Only Good Everyday.” Enthusiasts from across the globe come together to honor Kabosu’s spirit, spreading “dogely” vibes through joyful gatherings filled with bark-filled laughter, dog-themed snacks, and […]

Ethereum whales hold back: What their restraint reveals about ETH

Ethereum consolidation reveals diminished interest from whales as the market struggles with uncertainty. Assessing the state of demand as exchange flows drop to 2024 lows. Ethereum [ETH] hasThe post Ethereum whales hold back: What their restraint reveals about ETH appeared first on AMBCrypto.