MILESTONE | Bitcoin Hits One Billion Transactions Post 2024 Halving

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The Bitcoin network hit a significant milestone on May 6 2024 when it completed its one billionth transaction.

According to data from the Bitcoin dashboard by Clark Moody, the network processed its one billionth transaction in block 842,241 at 21:34 UTC on May 5 2024.

This milestone comes 15 years and 4 months after the mining of Bitcoin’s genesis block on January 3 2009.

With an average rate of 178,475 transactions per day throughout its 5,603-day existence, Bitcoin has proven its capability to securely manage substantial transaction volumes without the need for centralized intermediaries.

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