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

According to CoinMetrics.io, 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 https://t.co/vguXa1mTa8 pic.twitter.com/DV43AICrw4

Original source
https://www.newsbtc.com/2019/03/12/bitcoin-transaction-volume-plummets-by-30-whats-causing-the-drop/

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