We all know about the famous two-pizza buy for 10,000 BTC, which took place on March 22nd 2010. How was the network back then and what has changed? I've gathered some data from Nasdaq and did some rookie charts for you fine folk. On that day, there were only 300 transactions on the Bitcoin blockchainIt is insane to think on how early those people were. Yesterday's number of transaction was 975x higher. If you look at the chart, it does put things in perspective: Only 2.86 million BTC had been minedThis accounts for roughly 13.63% of the 21M Bitcoins that will ever exist. There were only 299 unique addresses used on that dayAs of yesterday, this number was 2195x times higher, with 656385 unique addresses used. Interesting to see that the number of unique addresses used correlates quite well with the number of transactions, at least visually. TL;DRCheck the title of each section. It is really nice to see how the network has developed after the first documented buy with BTC ever. Laszlo's pizza order put BTC into the news and set a landmark: you could trade it for goods. We have come a long way and have an even longer way to go! [link] [comments] |
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