Bitcoin (BTC) blockchain size as of July 11, 2022

How big is the Bitcoin blockchain? Especially since 2014, the data set experienced exponential growth with megabytes growing by nearly one gigabyte every few days. The bitcoin blockchain is a distributed database that contains a continuously-growing and tamper-evident list of all Bitcoin transactions and records since the date of its initial release in January of 2009.

Cryptocurrency

Bitcoin is the biggest name in cryptocurrency in terms of both price index and market capitalization. Given the growing public investment into crypto, Bitcoin and other established currencies, such as Ethereum and Ripple, are facing increased competition from new, well-funded cryptocurrencies, which raised 52 million U.S. dollars in total in initial coin offering (ICO) in November 2019.

Blockchain

Blockchain technology’s unique ability to provide an open ledger for recording transactions while simultaneously ensuring security and verifiability lends itself to a variety of uses other than just cryptocurrency. Blockchain experts envision a huge amount of possible applications, with everything from supply chain management to online personal identification. Perhaps the most telling sign of the technology’s versatility is the fact that executives across industries are rushing to invest in blockchain solutions of their own.