A huge milestone for Bitcoin

A huge milestone for Bitcoin

By LeftFooted | bitcoinea | 7 May 2024


Bitcoin, or more accurately the Bitcoin network, has reached a huge milestone 15 years after its creation.


The network has now processed one billion transactions.

Transaction no. 1,000,000,000 was processed in block 842,241 at 9:34 pm UTC on May 5.


First launched in 2009, the network has processed an average of 178,475 daily transactions in its 5,603-day existence.


Mind you, we should point out that this number doesn't include transactions made on the Lightning Network.


Fun fact: Ethereum, launched in 2015, has already processed over two billion transactions.


This comes as no surprise, though. As we all know, BTC is considered a store of value, and we know that a significant number of holders literally never sold.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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