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.on Clark Moody’s Bitcoin dashboard, the one billionth transaction was mined into block 842,241 on May 5 at 9:34 pm UTC.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 launch of Ordinals brought about Bitcoin non-fungible tokens that drove user activity on the network. At the time of writing, data from the market analysis platform Dunethat roughly $432 million had been spent as transaction fees on over 66.4 million inscriptions, indicating that market participants have
It is worth noting that Bitcoin is not the first blockchain to hit 1,000,000,000 transactions. Ethereum did so a few years ago and hasMeanwhile, Bitcoin’s one billion transaction count does not include those executed on the network’s layer-2 protocol Lightning Network, launched in 2018.How to Stake Polkadot : The Ultimate Guide
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