Bitcoin Network Hits a New Milestone

Krutika Adani

The Bitcoin network has achieved a milestone of 1 billion transactions since 2009

The network's first block called the Genesis Block, was mined by Satoshi Nakamoto in 2009

After the 4th Halving on 20th April 2024, Bitcoin saw the introduction of Runes, which gave a boost to transactions

Similar protocols such as BRC-20 and Ordinals have earlier contributed to increased transactions as well

Bitcoin was the first blockchain and the first successful cryptocurrency to exist