Bitcoin transactions are over 500 million as of the beginning of February 2020. The number of transactions doubled in 3 years, from 250 million in 2017 to 500 million in 2020.

The Bitcoin network went live on January 3, 2009. Eleven years later, in 2020, the network processes over 500 million transactions.

Since 2017,, named after the pseudonym of the presumable creator of Bitcoin, started tracking and recording the number of transactions on the Bitcoin network.

The data on Satoshi shows a constant increase in the Bitcoin transactions, year after year. In only 3 years, the volume of Bitcoin transactions has doubled and considering the same growth rate, Bitcoin transactions can exceed 1 billion transactions.

How did the community react to the 500 million milestone?

Now, on to the next 500 million.