Bitcoin Transaction Volume in 2018 Exceeds $410 Billion | forklog.media

Bitcoin Transaction Volume in 2018 Exceeds $410 Billion

News and Analysis
25.12.2018

According to data provided by Blockchain. com, over $410 billion was transacted in Bitcoin (BTC) in 2018, averaging over $13,000 per second.

This was noted in a tweet by Jameson Lopp, a bitcoin developer and CTO at U.S.-based blockchain security startup Casa.

Additionally, during 2018 the number of known Lightning Network channels has grown from 0 to over 19,000 while their capacity has increased from 0 to over 500 BTC, says Lopp.

He also noted a significant growth of RSK and Liquid sidechains. RSK sidechain was launched in January 2018 and is now merge mined by 43% of bitcoin’s hashrate and capitalized with 250 BTC, while Liquid, which is developed by Blockstream, is currently capitalized with 25 BTC from the net value of over 100 peg transactions.

Follow ForkLog on Twitter and Facebook!

Found a typo? Highlight text and press CTRL+ENTER

Subscribe to our Newsletter

<

Related posts

Tags: , , , , ,