The Bitcoin network has achieved a new milestone: one billion processed transactions, 15 years, four months, and four days after its genesis block was mined.
According to data on Clark Moody’s Bitcoin dashboard, the one billionth transaction was mined into block 842,241 on May 5 at 9:34 pm UTC.
Bitcoin Process One Billion Transactions
Bitcoin’s latest milestone comes less than three weeks after the network completed its fourth halving, which cut miners’ block rewards from 6.25 bitcoin to 3.125 BTC. The halving occurred on April 19, when Bitcoin’s total transaction count hovered around 990.64 million.
The network has witnessed a significant rise in daily transactions in the past month, with the launch of new protocols like Ordinals, Runes, and the BRC-20 token standard.
The launch of Ordinals brought about Bitcoin non-fungible tokens (NFTs) that drove user activity on the network. At the time of writing, data from the market analysis platform Dune showed that roughly $432 millio
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