One of the surprising characteristics of the Bitcoin network is the so-called activity time.
Uptime is a computer term that identifies the percentage of time a system remains in operationthat is, it works correctly. On the contrary, the inactivity time identify the times when it is not operationalFor example, due to failure, maintenance, or other causes.
The fact is that it is very rare for a computer system to achieve extremely high uptime percentages, and in this case Bitcoin is, in fact, a rare exception.
According to him site Web BuyBitcoinWorldwide.com, the percentage of uptime of the Bitcoin network has now exceeded 99,985%, and could hit "four nines", or 99.99% around February 2025, if nothing goes wrong in the meantime.
Suffice it to say that on the same website, which measures the percentage of uptime since January 3, 2009, the day the first block of the Bitcoin blockchain was mined, only two moments of inactivity are reported, one in 2010 and the other in 2013, respectively of 8 hours and 27 minutes, and 6 hours and 20 minutes.
In other words, in more than 11 and a half years, the net Bitcoin It has not worked for less than 15 hours.
In addition, considering only the time elapsed between the last time of inactivity and today, that is, from March 21, 2013 onwards, the activity time in the last seven years has been 100%.
A 99.99% uptime (also called “four nines”) corresponds to a maximum of one minute of downtime in one week, and 52 and a half minutes per year, and it is the aspiration that many computer systems seek, often without being able to achieve it.
As Kraken's director of business development, Dan HeldI reveal on Reddit , it is superior performance even from Google, Amazon and Facebook. For example, Facebook only in the last 90 days claims to have recorded two downtimes, while Google reports one in the last week for the Google Cloud support service.
Someone He also tried to calculate the uptime percentage of the US dollar, establishing that historically it would be 98.36%, which is very high but still lower than that of Bitcoin.
In fact, in 245 years it would have been inactive for 4 years, considering that it was born in 1775, but from 1781 to 1785 it was basically useless due to war, hyperinflation and crazy monetary policies, to the point that circulation stopped as money.
However, there is a fundamental difference between the dollar and Bitcoin: the first is not a computer system, and since it is based substantially on the exchange of physical objects such as coins and bills, it is very difficult that you can have a real downtime.