Bitcoin reaches one billion transactions

An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.

The Bitcoin network has processed its one billionth transaction — marking a huge milestone moment for the network 15 years after its creation.

Clark Moody’s Bitcoin dashboard shows that transaction 1,000,000,000 had been reached, which was mined into block 842,241 at 9:34 pm UTC on May 5, other data shows.

It comes 15 years, four months and four days after Bitcoin (BTC) pseudonymous creator, Satoshi Nakamoto, mined the network’s first block on Jan. 3, 2009.

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