The Bitcoin community has hit a recent milestone because the volume of transactions processed on the blockchain exceeded one billion on Sunday.

Recordsdata from Clark Short-tempered’s dashboard displays that whole all-time transactions now stands at over 1,000,140,825, while mempool recordsdata displays that the billionth transaction used to be mined into block 842,241  by Foundry pool.

The milestone transaction comes 15 years, four months and four days after Satoshi Nakamoto mined the genesis block on Jan. 3, 2009.

The community seen a terrific uptick in transaction exercise within the leadup to the fourth Bitcoin halving, and over the days that adopted, with worthy of this attach a question to for blockspace being pushed by the birth of the Runes protocol.

It is worth noting that Ethereum, the 2d largest blockchain by market capitalization, has processed better than two billion transactions, despite launching six years after Bitcoin. and averages at over one million transactions per day. Learn from Yearn contributor “banteg” valuable that as of September, near to half of Ethereum’s 2.1 billion transactions had been despatched with a non zero ether price.

A elevated transaction count is indicative of more community exercise, nonetheless that also typically comes at the tag of elevated than common transaction fees. Seriously, recordsdata from DeFiLlama displays that the  Bitcoin community recorded $284 million worth of transaction fees over the closing 30 days, while Ethereum recorded $173 million.