Bitcoin Achieves Major Milestone With Half A Billion Transactions Confirmed

The Bitcoin community has surpassed 500 million dealings since going dwell over 11 years in the past.


Bitcoin Achieves Major Milestone With Half A Billion Transactions Confirmed

According to blockchain analytics website Statoshi, there have been half a billion dealings on the Bitcoin blockchain as of press time.

Crypto agency Casa CTO Jameson Lopp, co-founder & CTO website Statoshi celebrated the milepost on Twitter, saying:

"Today, as of block 00000000000000000001145bf2e7cb7f04df55feaf3b55d9f6511522bbbf333f at height 616064, Bitcoin surpassed 500 million dealings confirmed on the blockchain."

From the First Bitcoin Transaction to Today's Milestone

The first-ever Bitcoin dealing occurred on Jan. 12, 2009. Nakamoto and the late Hal Finney have been the early contributors to the mission. Nakamoto despatched Finney 10 BTC as a check, after which the pc man of science started mining blocks himself.

Ten months later, on Oct. 5, 2009, the New Liberty Standard set an preliminary Bitcoin trade fee con to the greenback. At the time, $1 was price 2300.03 BTC.

The first-ever dealing of Bitcoin for bodily items occurred on May 22, 2010. The well-known Bitcoin Pizza detected two pizzas purchased for 10,000 BTC by Laszlo Hanyecz. The package engineer had provided customers on a Bitcointalk discussion board the BTC in trade for 2 pizzas. A adolescent named Jeremy Sturdivant, nicknamed Jercos, accepted the Bitcoin and despatched Hanyecz two pizzas from Papa John's. This Simon Marks the primary industrial dealing for Bitcoin.

After 11 years, Bitcoin is now hit one other main milepost of passing half a billion dealings. As Twitter consumer Hodlonauttweeted:

"Bitcoin isn't talking about this. Or about how revolutionary and new its traits of censorship resistance and fixity are. Bitcoin just is. And does. Once block at a time."


Bitcoin Achieves Major Milestone With Half A Billion Transactions Confirmed

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