🔥 Bitcoin Surpasses One Billion Transactions
The Bitcoin network has celebrated a significant milestone by processing its one-billionth transaction. This event occurred 15 years after the creation of Bitcoin, on block 842,241, as recorded on Clark Moody’s Bitcoin dashboard. An average of 178,475 transactions daily marks Bitcoin’s active participation over 5,603 days.
Noteworthy is the exclusion of transactions on the Lightning Network, which expedites payments and has processed about 6.6 million transactions in August 2023 alone. This milestone places Bitcoin behind Ethereum, which has already surpassed two billion transactions. Despite its achievements, Bitcoin’s price remains volatile, currently at $63,750, still down from its highest peak.
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