Coinspeaker
Bitcoin Finally Hits 1 Billion Transactions 15 Years Post-Launch

In what is a significant milestone for the Bitcoin network, the world’s most valuable cryptocurrency has now processed more than a billion transactions. That is according to data from Clark Moody’s Bitcoin dashboard.

The transaction was reportedly mined into block 842,241 at 9:34 pm. UTC on May 5. This means that it took the network 15 years, four months, and four days to achieve the feat. Bitcoin (BTC) was launched on January 3, 2009, with the pseudonymous creator Satoshi Nakamoto mining the network’s genesis block.

Considering how long (about 5,603 days) the Bitcoin network has been in existence, it means that an average of 178,475 transactions take place daily.

Recent Spike in Bitcoin’s Daily Transactions

Without a doubt, the recent milestone is a testament to the present situation around Bitcoin. It is generally having a great time for various reasons, including the launch of spot Bitcoin ETFs. The launch has since created a bullish sentiment for the token over the past year.

Also, novel protocols like Bitcoin Ordinals and License.

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