The Bitcoin network has now processed 500 million transactions since it first went live on January 3, 2009.
According to data site Satoshi—named after the pseudonymous inventor of Bitcoin—there have now been 500.0165 million transactions on the Bitcoin blockchain.
The Bitcoin network had only seen 250 million transactions by 2017. Image: Satoshi.
Satoshi, which only started tracking the number of transactions from late 2017, shows that there has been an increase in the number of transactions on the Bitcoin blockchain per year. In 2017, it crossed 250 million transactions, before rising to 500 million today. At this rate, Bitcoin could cross 1,000 million in under two years.
Casa CTO Jameson Lopp said, "Today, as of block 00000000000000000001145bf2e7cb7f04df55feaf3b55d9f6511522bbbf333f at height 616064, Bitcoin surpassed 500 million transactions confirmed on the blockchain."
Today, as of block 00000000000000000001145bf2e7cb7f04df55feaf3b55d9f6511522bbbf333f at height 616064, Bitcoin surpassed 500 million transactions confirmed on the blockchain. https://t.co/eVLbYnHohj
The pseudonymous Twitter user known as Hodlonaut—famous for his legal wranglings with Craig Wright and for starting the Bitcoin Lightning torch—tweeted that Bitcoin just keeps on going. "Bitcoin isn't talking about this. Or about how revolutionary and unprecedented its traits of censorship resistance and immutability are. Bitcoin just is. And does. One block at a time," he said.
500 million transactions confirmed on the Bitcoin blockchain. Bitcoin isn't talking about this. Or about how revolutionary and unprecedented its traits of censorship resistance and immutability are. Bitcoin just is. And does. One block at a time.
Minna Bank, Japan’s first digital-only bank and a subsidiary of Fukuoka Financial Group, announced Thursday it is exploring the use of stablecoins and digital wallets to support everyday financial services and payments in the country.
The initiative is part of a joint study in collaboration with Fireblocks, Solana Japan, and Japanese tech firm TIS, aiming to assess the practical applications of stablecoins and decentralized wallets in real-world banking.
The study will examine use cases includin...
If you follow the latest in Bitcoin happenings, then you may have seen the name “Alkanes” pop up on your timeline via Ordinals and Runes enjoyers. But what is it?
Alkanes is a new metaprotocol built on Bitcoin that introduces trustless smart contract functionality to the base layer, without relying on bridges or external execution layers. It allows developers to build apps and launch tokens natively on Bitcoin, expanding the functionality of the original blockchain.
Developed by Oyl Corp, the pr...
Zama, an open-source cryptography startup aiming to bring complete privacy to public blockchains, has raised $57 million in Series B funding led by Pantera Capital and Blockchange Ventures. The round pushes Zama’s valuation over $1 billion, making it the first company working in advanced encryption to hit unicorn status.
Founded in 2020, Zama seeks to bring privacy to public blockchains without compromising transparency or auditability. Zama’s latest funding comes alongside the launch of its pub...