Bitcoin Recorded One Billion Transactions On Bitcoin Network

Bitcoin Announced on Completion of One Billion Transaction
Bitcoin finally recorded its one Billion transactions on its Bitcoin Network setting an example for other Cryptocurrencies. It also highlights the history of 15 years with its one billion hits.

What Estimates Bitcoin Shows?
The statistics and dynamics shows that Bitcoin recorded 178,475 average transactions on a daily basis which completed one billion counts by existing 5603 days. The dashboard of Clark Moody shows 1 billion transactions on 5 may 2024 which was mined into 842,241 on the same day.

Bitcoin is one of the oldest Cryptocurrency Network that recorded one billion transactions. This number counts to one billion exactly after 15 years, 4 months, and 4 days where Bitcoin’s spurious initiator Satoshi Nakamoto on 3rd January 2009 mined the first and foremost Blockchain Network.

One Billion Bitcoin transactions doesn’t include the transactions made on the lightning network that is the Bitcoin layer 2 network which mainly focuses on Micropayments. Lightning Network launched in January 2018 and after that millions of transactions take place on the lightning Network. In August 2023, the statistics showed approximately 6.6 million transactions on lower bounds on the lightning network. On 4th May 2024, the daily transactions of Bitcoin down to 660,260

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