Cryptocurrencies

    Bitcoin hits 1 billion transactions milestone

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    Since its inception 5,603 days ago, Bitcoin (CRYPTO:BTC) has recorded an average of 178,475 daily transactions, showcasing its significant adoption and usage.

    The Bitcoin network recently celebrated a monumental milestone by processing its one-billionth transaction.

    This landmark event, as displayed on Clark Moody’s Bitcoin dashboard, occurred when transaction number 1,000,000,000 was recorded in block 842,241, at 9:34 pm UTC on May 5.

    This achievement comes over 15 years after the creation of Bitcoin by its pseudonymous creator, Satoshi Nakamoto, who mined the network's first block on January 3, 2009.

    The processing of the one-billionth transaction marks a significant moment in Bitcoin's history, reflecting its growth and profound impact on the financial world since its inception.

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