April 26, 2024

Bitcoin network has already processed more than 500 million transactions

Bitcoin network has already processed more than 500 million transactions

According to the analytical website Blockosain Statoshi, over the entire existence of the blockchain of the batcoin, it has already confirmed more than 500 million transactions.

Representatives of the project said that the line of half a billion operations was passed at an altitude of 616064 blocks.

Bitcoin network has already processed more than 500 million transactions

The first registered bitcoin transaction was made more than 11 years ago, on January 12, 2009. In it, Satoshi Nakamoto sent 10 MTC to Hal Finney, after which he launched the mining process.

On October 5, 2009, cryptocurrency was first valued in fiat equivalent. Then 100 MTC could be bought for $ 0.43.

About six months later, the first-ever purchase of a physical product using Bitcoin was made. These were two famous pizzas that Laszlo Haniec ordered for 10 000 BTC.

Bitcoin continues to develop and gain popularity, and its blockchain continues to continuously form new blocks.

Despite the overall growth, HODL again became the mosta popular strategy among crypto investors. According to a study by fintech company Digital Assets Data, 60% of bitcoins have not left their wallets for more than a year.

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