# Bifrost Substrate Number of validators Methodology

## 1. Overview

Number of validators measures the number of active nodes that produce blocks and secure the network. It reflects the degree of decentralization and resilience of the blockchain. For Bifrost Substrate, this metric identifies the unique set of entities participating in the consensus process and successfully appending blocks to the ledger.

## 2. Data sources

- **Blockchain events**: Block author identifiers extracted from block headers on Bifrost Substrate

## 3. Step-by-step calculation

### Component A: Block author extraction

- **Purpose**: Capture the identity of nodes participating in block production.
- **Logic**: Every block on Bifrost Substrate is parsed to extract the block timestamp and the unique author identifier associated with the validator that produced the block. This data is retrieved from the block headers to establish a record of active consensus participants.
- **Key fields**: `block_timestamp` and `author_id`

### Component B: Unique validator counting

- **Purpose**: Calculate the total number of distinct active validators.
- **Logic**: A distinct count is performed on the author identifiers retrieved from the block data. This ensures that each validator is counted as a single entity within a given timeframe, regardless of the total number of blocks they produced.
- **Key fields**: `author_id`

### Component C: Daily aggregation and zero-filling

- **Purpose**: Normalize the metric into a daily time series with consistent data availability.
- **Logic**: Block timestamps are truncated to a daily granularity using UTC boundaries. The unique count of author identifiers is aggregated per day. In instances where no block activity is recorded for a specific date, the metric is zero-filled to ensure a continuous dataset. The final output is further filtered based on data freshness and chain availability parameters.
- **Key fields**: `block_timestamp` (truncated to day) and `number_of_validators` (distinct count)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Number of active validators securing the network.

Number of validators

Blockchains (L2)

Collators aggregate parachain transactions block candidates and producing state transition proofs for validators based on those blocks.

Bifrost is the Staking Yield Layer app-chain for stablecoins, RWAs, and DeFi, powered by the Polkadot Relay chain.

BNC holders own and govern the protocol. Bifrost’s investors include OKX Ventures, Long Hash Ventures, etc.

Bifrost Substrate

Archived

Number of validators

Number of validators

Chain breakdown