The world’s largest cryptocurrency reached a milestone on Monday, Sept. 12 — Bitcoin (BTC) celebrated 5,000 days of uptime. The community has functioned virtually with no hiccup for 13.69 years.

In Bitcoin converse, the blockchain has been on-line, confirming a sound block of transactions each 10 minutes, on common, for 753,782 blocks (5,000 days). Plus, 3,464 days have passedsincethe final downtime incident.

The primary Bitcoin block was mined by Satoshi Nakamoto on Jan. 3, 2009. Bitcoin spent 99.9% of the 12 months on-line, confirming legitimate blocks on common each 10 minutes till what is named theValue Overflow Incident.The incident refers to the creation of a “unusual block,” block 74,638, which resulted within the creation of billions extra Bitcoin. 5 hours later, throughout block 74,691, the blockchain was soft-forked, and nodes reached consensus.

In 2013, Bitcoin software program break up, and the chain forked into two. The blockchain was down for six hours and 20 minutes inflicting a value drop of greater than 23%, hitting lows of $37. Combining the downtime of the Bitcoin community between 2010 and 2013 creates roughly 0.01% of the full time.

Bitcoin influencers (Bitfluencers?) were fast to honor the event with celebratory boating accidents, eventsin which Bitcoiners lose their non-public keys. Othersexpressed their gratitude for the anonymous creator of the protocol:

5000 days of #Bitcoin pic.twitter.com/oTdbmJG0Tk

— Lina Seiche (@LinaSeiche) September 11, 2022

Standard cryptocurrencies comparable to Solana (SOL) or Ether (ETH) can’t at present compete with the uptime nor decentralization for which Bitcoin is thought. Solana often experiences outages, labeled a”curse” to the networkby its cofounder,whereas Ethereum’s creation was the results of a tough fork.

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Vitalik Buterin, Ethereum’s cofounder,boasted in 2020 that “You could be web worthwhile with as little as 60% uptime.” Nonetheless, Bitcoin continues to be a way from reaching Nakamoto’s promise of a peer-to-peer money system that removes third events:Scaling funds on layer-2 are an uphill battle.

Within the meantime, Bitcoin should accept being probably the most safe, most decentralized and hottest cryptocurrency resolution.