5 Key Findings from CoinDesk’s State of Bitcoin and Blockchain 2016

CoinDesk’s State of Bitcoin and Blockchain 2016 report provides a detailed overview of the industry’s main events and movements during 2015, as well as some predictions on what to expect in the coming year.

We announced the publication of the report on 28th January, and included some key highlights, along with the main takeaway – that blockchain interest rose to a fever pitch through 2015.

Yet with 124 slides overflowing with facts, there were some other findings from the last 12 months that we couldn’t include in that original article.

Here are 5 things you may have missed from the report:

1. People are using bitcoin more than ever

Bitcoin neon sign

While adoption of bitcoin as a day-to-day currency still has not reached mass adoption, there are signs that the currency’s use is making slow but steady progress.

The numbers of bitcoin wallets has doubled since the close of 2014, with 12,768,681 now in existence, compared with 7,396,772 at the close of the previous year (slide 8).

ATM numbers have also doubled in a year – rising from 342 to 536.

Further, average daily bitcoin transactions increased 50%.

While these adoption rates may not represent the runaway growth, they do indicate that the technology’s use as a digital currency might not be as dead

Read more ... source: TheBitcoinNews