The Bitcoin network has reached a major milestone, processing its one billionth transaction yesterday, an achievement comes 15 years and 4 months after Bitcoin’s genesis block was mined on January 3, 2009.

JUST IN: #Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/bFbSW5NEAW

— Bitcoin Magazine (@BitcoinMagazine) May 5, 2024

At an average rate of 178,475 transactions per day over its 5,603-day lifespan so far, Bitcoin has demonstrated the ability to handle significant volume securely without centralized intermediaries.

Many early critics argued nobody would use Bitcoin, but today, the network handles daily transaction volumes on par with major payments…

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