According to Cointelegraph: Reflecting a significant milestone in its 15-year history, the Bitcoin network has successfully processed its one billionth transaction.
The Bitcoin dashboard by Clark Moody indicates that the billionth transaction was conducted within block 842,241 at 9:34 pm UTC on May 5. This achievement comes 15 years, four months, and four days after Bitcoin's pseudonymous creator, Satoshi Nakamoto, mined the network's first block on January 3, 2009.
Remarkably, the Bitcoin network has maintained an average of 178,475 daily transactions throughout its existence spanning 5,603 days. This count omits transactions executed on the Lightning Network, a Bitcoin layer-2 payment protocol aimed at streamlining quicker transactions.
Data from River, a Bitcoin-only exchange, signifies that Lightning Network independently processed an estimated 6.6 million transactions in August 2023 alone. This implies that Lightning has facilitated hundreds of millions of transactions since its launch in January 2018.
April saw a surge in Bitcoin's daily transactions, coinciding with the network's fourth halving event on April 20. A record high of 926,000 transactions were achieved on April 23, largely driven by the debut of the Runes protocol at block 840,000.
Following this peak, Bitcoin's daily transaction count experienced a slowdown, with numbers falling to 660,260 on May 4.
