Many Bitcoin transactions happen off blockchain now, so don't show up in Blockchain stats.
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@patrickc@cdixon yup, a vast majority at least. You can see it here on the "# of transactions" graph: https://www.coinbase.com/charts -
@ericsimons40@cdixon Aha, thanks. Though I think the wallet count masking is probably quite real and that the Blockchain count understates. - 6 more replies
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@patrickc@cdixon our off-blockchain TXs blotted with all on-blockchain transactions: https://www.coinbase.com/charts -
@jorilallo@patrickc@cdixon this shows total txns on Bitcoin network and Coinbase off Blockchain. ~40% of our txns off blockchain
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