比特幣 P2P 支付轉帳最近勢頭強勁

鏈上數據表明，隨著比特幣網路已轉向較小的交易，中本聰最初的願景仍然存在。

CryptoQuant founder and CEO Ki Young Ju has observed a shift in the transaction pattern on the Bitcoin network towards smaller transactions, indicating an increase in peer-to-peer (P2P) payments.

CryptoQuant 創辦人兼執行長 Ki Young Ju 觀察到比特幣網路上的交易模式正在朝向小額交易轉變，這表明點對點 (P2P) 支付有所增加。

In a recent post on X, Ju highlights the trend in transaction fees on the Bitcoin network, which are paid by senders on the blockchain to compensate validators for processing their transactions.

在最近一篇關於 X 的文章中，Ju 強調了比特幣網路上交易費用的趨勢，這些費用由區塊鏈上的發送者支付，以補償驗證者處理其交易的費用。

The chart below compares the median transaction fees on the BTC and ETH networks over the past decade.

下圖比較了過去十年 BTC 和 ETH 網路的交易費用中位數。

As evident from the graph, pre-2021, median transaction fees on Bitcoin were higher than on Ethereum. However, since then, the metric has largely been lower for BTC.

從圖中可以明顯看出，2021 年以前，比特幣的交易費用中位數高於以太坊。然而，從那時起，比特幣的指標基本上較低。

“Contrary to the common belief that Bitcoin tx fees are always higher than Ethereum’s, BTC tx fees have been cheaper than ETH’s for most of the time since 2021,” notes Ju.

Ju 指出：“人們普遍認為比特幣交易費用總是高於以太坊，但自 2021 年以來的大部分時間裡，BTC 交易費用都比 ETH 便宜。”

Currently, the median fee on BTC is around $0.40, while that on ETH is about $0.68. Considering that users would only prefer to use Bitcoin as a mode of payment for transactions large enough to make this fee worthwhile,

目前，BTC 的中間費用約為 0.40 美元，而 ETH 的中間費用約為 0.68 美元。考慮到用戶只願意使用比特幣作為交易的支付方式，交易金額足以讓這筆費用值得，

“Considering the 1-3% Tx fee rate in developing countries, $13-40 would be the lower limit,” says the CryptoQuant founder.

CryptoQuant 創始人表示：“考慮到發展中國家 1-3% 的交易費率，13-40 美元將是下限。”

To filter the data for only transfers likely to represent P2P payments on the network, the analyst has selected transactions that fall within the $40 to $1,000 range.

為了僅過濾可能代表網路上 P2P 支付的轉帳數據，分析師選擇了 40 美元到 1,000 美元範圍內的交易。

The chart below plots the daily median transaction value (USD) against the daily transaction count for different periods.

下圖繪製了不同時期的每日交易價值中位數（美元）與每日交易數量的關係。

The transactions here exclude Runes and Ordinals-related transactions, as transfers related to these protocols don’t directly correspond to real-life P2P payments.

這裡的交易不包括與符文和序數相關的交易，因為與這些協議相關的轉帳並不直接對應於現實生活中的 P2P 支付。

From the chart, it’s clear that the median size of these transactions was towards the higher end from 2019 to 2022, but since 2023, the transfers have gotten smaller.

從圖表中可以明顯看出，從 2019 年到 2022 年，這些交易的中位數規模趨於較高，但自 2023 年以來，轉帳規模有所縮小。

Not only that, but the number of transactions has also increased simultaneously, suggesting that many small transactions are occurring now. Ju believes this is likely due to real-life P2P payments.

不僅如此，交易數量也同步增加，顯示現在正在發生許多小額交易。 Ju認為這可能是由於現實生活中的P2P支付所致。

Therefore, while some may argue that Bitcoin hasn’t lived up to Satoshi’s vision when creating the cryptocurrency, the data would suggest that Bitcoin has been evolving in the right direction recently.

因此，雖然有些人可能認為比特幣在創建加密貨幣時沒有實現中本聰的願景，但數據表明比特幣最近一直在朝著正確的方向發展。

BTC Price

比特幣價格

At the time of writing, Bitcoin has shown little recovery as its price still hovers around the $57,800 mark.

截至撰寫本文時，比特幣幾乎沒有出現復甦，其價格仍徘徊在 57,800 美元大關附近。