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
We współpracy z: https://bitcoinmagazine.com/business/bitcoin-1-billion-transactions
