Data show: Bitcoin blockchain cumulative transaction costs have reached $ 1 billion

On October 30, the cumulative transaction cost of the Bitcoin blockchain reached $1 billion. According to blockchain analysis company BlockChair, in recent years, the annual transaction fee for bitcoin transactions has actually declined, due to the emergence of Bitcoin scalability solutions, including "Separation Witness" and Lightning Networks. According to Coin Metrics data, miners have received a transaction fee of 204808.3479 BTC since 2009. At today's price, this is equivalent to $1.86 billion.