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Will Runes protocol dominate daily transactions on Bitcoin by September 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Transaction data from blockchain analysis tools
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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Speed increases • 33%
Speed remains the same • 33%
Speed decreases • 33%
Below 50% • 25%
50% to 70% • 25%
70% to 90% • 25%
Above 90% • 25%
Runes Protocol • 40%
Original Bitcoin Protocol • 40%
Another New Protocol • 20%
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Yes • 50%
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Aptos • 33%
Solana • 33%
Ethereum • 34%
Above 1000 Sat/vB All Year • 25%
Below 1000 Sat/vB All Year • 25%
Variable Above and Below 1000 Sat/vB • 50%