In total, 1,000,369,716 transactions were processed in the Bitcoin network, the Clark Moody dashboard clarifies. If we compare the network’s performance with the international payment system Visa, we can see that the blockchain of the first cryptocurrency reached the billion dollar mark in just 15 years, while it took Visa almost a quarter of a century to reach similar numbers.
The seven-day moving average of daily transactions on the Bitcoin network, The Block clarifies, is about 505,000, and this is a sign of the growing recognition of BTC in the financial world.
In April alone, more than 14 million transactions were registered on the Bitcoin network.
It’s fair to say: BTC is not the first flagship cryptocurrency to exceed the billion transaction mark. There are now about 2.4 billion transactions registered on the Ethereum network.
Now the market value of Bitcoin has exceeded $65,000. On the weekly timeframe, the price growth of BTC made up
about 4%.
The day before, the co-founder of the Casa platform, Jameson Lopp, said that the reward for miners in the Bitcoin test network had dropped to almost zero, making it an ineffective and useless environment for developers.
Source: Bits
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