{"id":6371,"date":"2018-12-25T14:41:24","date_gmt":"2018-12-25T14:41:24","guid":{"rendered":"https:\/\/forklog.media\/?p=6371"},"modified":"2018-12-26T06:50:48","modified_gmt":"2018-12-26T06:50:48","slug":"bitcoin-transaction-volume-in-2018-exceeds-410-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-transaction-volume-in-2018-exceeds-410-billion\/","title":{"rendered":"Bitcoin Transaction Volume in 2018 Exceeds $410 Billion"},"content":{"rendered":"<p>According to data provided by Blockchain. com, over $410 billion was transacted in Bitcoin (BTC) in 2018, averaging over $13,000 per second.<!--more--><\/p>\n<p>This was noted in a tweet by <a href=\"http:\/\/forklog.media\/jameson-lopp-bitcoin-users-are-their-own-worst-enemies-in-terms-of-security\/\" target=\"_blank\" rel=\"noopener\">Jameson Lopp<\/a>, a\u00a0<span style=\"font-weight: 400;\">bitcoin developer and\u00a0<\/span>CTO at U.S.-based blockchain security startup Casa.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/t.co\/vFLd6EtIff\">https:\/\/t.co\/vFLd6EtIff<\/a> estimates (by removing likely change outputs) that over $410 billion was transacted via BTC in 2018, averaging over $13,000 per second. <a href=\"https:\/\/t.co\/wjnDOQlXEi\">pic.twitter.com\/wjnDOQlXEi<\/a><\/p>\n<p>\u2014 Jameson Lopp (@lopp) <a href=\"https:\/\/twitter.com\/lopp\/status\/1077191856491061249?ref_src=twsrc%5Etfw\">December 24, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Additionally, during 2018 the number of known Lightning Network channels has grown from 0 to over 19,000 while their capacity has increased from 0 to over 500 BTC, says Lopp.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">The number of known (advertised) Lightning Network channels has grown from 0 to over 19,000 while their capacity has increased from 0 to over 500 BTC during 2018. It&#8217;s not possible to compile statistics for unadvertised channels. <a href=\"https:\/\/t.co\/uXLE4Smrlb\">pic.twitter.com\/uXLE4Smrlb<\/a><\/p>\n<p>\u2014 Jameson Lopp (@lopp) <a href=\"https:\/\/twitter.com\/lopp\/status\/1077215658306228224?ref_src=twsrc%5Etfw\">December 24, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He also noted a significant growth of RSK and Liquid sidechains. <a href=\"http:\/\/forklog.media\/exclusive-rsk-labs-ceo-diego-gutierrez-zaldivar-on-bitcoin-smart-contracts-sidechain-and-%D1%81ryptocurrency-ecosystem-challenges\/\" target=\"_blank\" rel=\"noopener\">RSK sidechain<\/a> was launched in January 2018 and is now merge mined by 43% of bitcoin&#8217;s hashrate and capitalized with 250 BTC, while <a href=\"http:\/\/forklog.media\/blockstreams-liquid-network-sidechain-for-the-bitcoin-network-goes-live\/\" target=\"_blank\" rel=\"noopener\">Liquid<\/a>, which is developed by Blockstream, is currently capitalized with 25 BTC from the net value of over 100 peg transactions.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">The Liquid sidechain is only 3 months old and still bootstrapping; it&#8217;s currently capitalized with 25 BTC from the net value of 100+ peg transactions. <a href=\"https:\/\/t.co\/sgJ7HnKVbW\">https:\/\/t.co\/sgJ7HnKVbW<\/a> <a href=\"https:\/\/t.co\/7QikCCuELq\">pic.twitter.com\/7QikCCuELq<\/a><\/p>\n<p>\u2014 Jameson Lopp (@lopp) <a href=\"https:\/\/twitter.com\/lopp\/status\/1077254431933153280?ref_src=twsrc%5Etfw\">December 24, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Follow ForkLog on <span style=\"text-decoration: underline;\"><a href=\" https:\/\/twitter.com\/forklog_en\/\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a><\/span> and <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.facebook.com\/forklogen\/\" target=\"_blank\" rel=\"nofollow noopener\"> Facebook<\/a><\/span>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to data provided by Blockchain. com, over $410 billion was transacted in Bitcoin (BTC) in 2018, averaging over $13,000 per second.<\/p>\n","protected":false},"author":1,"featured_media":6374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,936,325,888,490,577],"class_list":["post-6371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-jameson-lopp","tag-lightning-network","tag-liquid","tag-rsk","tag-transactions"],"aioseo_notices":[],"amp_enabled":true,"views":"439","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=6371"}],"version-history":[{"count":3,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6371\/revisions"}],"predecessor-version":[{"id":6376,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/6371\/revisions\/6376"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/6374"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=6371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=6371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=6371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}