Bitcoin Blockchain Node Count Records New Historical High July 15, 2021 July 15, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Bitcoin NewsJuly 15, 2021 by Kelly Cromley

Bitcoin Blockchain Node Count Records New Historical High

For the foremost time, the count of accessible Bitcoin network nodes has surpassed 13,000. The earlier high of 11,613 was recorded in January. This landmark was attained on July 5, as per data from Bitcoin network monitoring dashboard, when the count of accessible nodes hit 13,374. The existing network node number, according to Bitnodes, is around 12,835.

Another monitoring website, Coin.Dance, reports that Bitcoin’s node count has achieved a historic high of 12,825. The count of nodes running the Bitcoin Core software is 98.77%, with the rest spread between less prominent variants such as Bitcore and Bitcoin Knots.

Bitcoin Core 0.21.1 was published in May with a Taproot activation code, and it is now the most widely used variant of the software amongst entities running accessible nodes, with nearly 5,000 nodes (as per Coin.Dance). According to Bitnodes, the number is 5,125, accounting for 40% of the overall network nodes.

According to Bitnodes’ statistics, Tor is used by over 50% of the network nodes. Only around 25% of all accessible nodes were using the secret network Tor in January. Because the IP addresses of connected nodes are obscured, running a client such as Bitcoin Core over Tor adds an extra degree of anonymity.

The network node number has risen by 2,739 nodes in 2020, as per Bitnodes statistics, supporting Bitcoin’s decentralized ethos. The increase in network node number is similar to the present rapid growth of the Lightning Network ecosystem, where capability has increased by more than 70% in a matter of six months.

After including 100 Bitcoin (BTC) within a week, public Lightning Network capacity surpassed 1,800 BTC earlier this month. According to Bitcoin Visuals’ Lightning Network data monitor, the count of LN nodes has surpassed 12,800 and it is an all-time record.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.