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Market
Number of new protocols introduced on Bitcoin network by end of 2024
5
Resolution / Starting Odds
0 new protocols • 25%
1 new protocol • 25%
2 new protocols • 25%
3 or more new protocols • 25%
Cryptocurrency industry news and blockchain protocol releases
Story
Bitcoin Hits 1 Billion Transactions, Boosted by Runes Protocol
May 6, 2024, 06:27 AM
The Bitcoin network has achieved a significant milestone by processing its one-billionth transaction, a landmark event that occurred 15 years, four months, and four days after its inception. This achievement was marked in block 842,241 at approximately 9:34 pm UTC on May 5, 2024, according to Clark Moody data. The milestone is particularly noteworthy given the average daily transaction count of approximately 178,475 over the network's lifetime. The recent surge in activity has been attributed to the popularity of the Runes protocol, which has recently dominated daily transactions on the network.
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Runes Protocol • 40%
Original Bitcoin Protocol • 40%
Another New Protocol • 20%
0 new exchanges • 25%
1-2 new exchanges • 25%
3-4 new exchanges • 25%
5 or more new exchanges • 25%
Addition of more than 5 new cryptocurrencies • 25%
Addition of 3-5 new cryptocurrencies • 25%
Addition of 1-2 new cryptocurrencies • 25%
No new cryptocurrencies added • 25%
No increase • 25%
1-5 new ETFs • 25%
6-10 new ETFs • 25%
More than 10 new ETFs • 25%
Increase by 0-5% • 25%
Increase by 5-10% • 25%
Increase by 10-20% • 25%
Increase by more than 20% • 25%
Over 50 protocols • 33%
20 to 50 protocols • 33%
Less than 20 protocols • 34%
0-1 partnerships • 25%
2-3 partnerships • 25%
4-5 partnerships • 25%
More than 5 partnerships • 25%
0-1 additional exchanges • 25%
2-3 additional exchanges • 25%
4-5 additional exchanges • 25%
More than 5 additional exchanges • 25%
1.1 Billion • 33%
1.2 Billion • 33%
1.3 Billion • 33%