Bitcoin Transaction Volume Plummets By 30%, What’s Causing the Drop?4.4

According to, the recent fall in Bitcoin’s transaction count has coincided with the end of VeriBlock’s testnet phase. Reports indicate the little-known startup is responsible for a significant number of BTC transactions. This raises concerns over its use of the Bitcoin network.

The recent collapse in BTC transaction count seems to correlate with the end of the Veriblock testnet (on March 4th) which was accounting for 20-30% of BTC transactions

Original source

Add comment

Please Sign in to be able to leave comments.