April 18, 2024

$ 2019 trillion transactions completed in Bitcoin blockchain for 2019

Over the past year, transactions totaling $2.5 trillion were made on the Bitcoin blockchain, and the average sizeThe transaction amounted to about $ 23,000.

According to BitInfoCharts, the average sizetransactions in the Bitcoin blockchain amounted to 2.75 BTC ($ 23,000), and the average transaction cost (made up of mining costs and commissions) is 0.029 BTC or $ 250.

CoinMetrics data also confirms that in 2019a year, $ 2.5 trillion of BTC were transferred to the Bitcoin network. At the same time, the average volume of transactions per day in dollar terms usually amounted to about $ 5 billion, and on some days reached $ 10 billion. In July, the daily transaction volume of BTC reached its maximum, approaching $ 20 billion.

</p>

It is worth noting that some of the transactions with BTC werecarried out using the Lightning Network. 1ML data shows that the total network throughput is now 882.58 BTC ($7.6 million), and the total number of open channels is &#8212; 35,846.

According to a report from Litecoin.com, $100 billion in transactions were carried out on the Litecoin network during the same period. The average transaction size was $5,000, and the average value was &#8212; about $50 per transaction.

This week new zealand researchBrave New Coin (BNC) introduced a new system for assessing the mood of the Bitcoin community based on Twitter messages. In addition, this month BlockFi CEO Zac Prince said he was extremely optimistic about Bitcoin and expects BTC to cost significantly more by the end of the year.

</p></p>