# Injective Cosmos Block time Methodology

## 1. Overview

Block time measures the average time it takes for a new block to be added to the Injective Cosmos blockchain. This metric reflects the speed at which the network processes transactions and updates its state. It serves as a key performance indicator for the consistency and latency of the underlying consensus mechanism on Injective Cosmos.

## 2. Data sources

- **Blockchain events**: Block headers, including block numbers and timestamps, are retrieved from Injective Cosmos
- **External data**: Asset metadata for chain identification and categorization

## 3. Step-by-step calculation

### Component A: Block data retrieval

- **Purpose**: Gathers the fundamental temporal data from the Injective Cosmos blockchain.
- **Logic**: Block numbers and their corresponding timestamps are extracted from the Injective Cosmos network. Only blocks with a height greater than zero are included in the dataset to ensure that the genesis block and potential null values are excluded from the calculation.
- **Key fields**: `block_timestamp` and `block_number`.

### Component B: Sequential interval calculation

- **Purpose**: Determines the specific duration elapsed between consecutive blocks.
- **Logic**: The dataset is ordered by block height to allow for the comparison of sequential blocks. The timestamp of the previous block is associated with the record of the current block. To ensure accuracy, a validation step confirms that the difference between the current block number and the previous block number is exactly one. The time difference between the current block timestamp and the previous block timestamp is then calculated in milliseconds.
- **Key fields**: `block_timestamp`, `previous_timestamp`, `block_number`, and `previous_block_number`.

### Component C: Daily aggregation and finalization

- **Purpose**: Computes a representative daily average for the Injective Cosmos network.
- **Logic**: Individual block intervals are grouped by day based on UTC boundaries. The average block time for each day is calculated by taking the arithmetic mean of all validated intervals. The resulting values are then processed to ensure schema consistency and filtered according to chain availability. Any days missing data are filled with zero values to maintain a continuous time series.
- **Key fields**: `timestamp`, `block_time`, and `product_id`.

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

avg(block_timestamp - previous_block_timestamp)

Block time

Blockchains (L1)

Validators process transactions and receive transactions fees (supply-side fees).

Injective is a smart contract platform for decentralized finance applications (a blockchain) and an orderbook exchange protocol. Injective was founded by Eric Chen, Albert Chon etc. and launched in 2020. Note that this dashboard only tracks Injective's blockchain business.

INJ holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue) via Burn Auctions. Injective's investors include Binance, Jump Crypto, Mark Cuban, etc.

Injective Cosmos

Block time

Block time

Chain breakdown