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Bitcoin Transaction Volume in 2018 Exceeds $410 Billion

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

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

Additionally, throughout 2018 the variety of identified Lightning Network channels has grown from zero to over 19,000 whereas their capability has elevated from zero to over 500 BTC, says Lopp.

He additionally famous a major progress 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, whereas Liquid, which is developed by Blockstream, is at present capitalized with 25 BTC from the web worth of over 100 peg transactions.

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