Node operators process transactions and receive token incentives. These independently owned high-spec node machines around the world are connected via Internet Computer Protocol (ICP), creating a self-sovereign network not reliant on any cloud services. Advanced cryptography allows any application or service to be run on the network in a decentralized manner via smart contracts.

The Internet Computer is a decentralized cloud blockchain, where apps can be built fully onchain, using AI, or by coding. Try caffeine.ai & icp.ninja.

ICP tokenholders own and govern the protocol. They currently take (burn) all of the total transaction fees paid by users (revenue). ICP Holders can stake their ICP on the Network Nervous System (NNS), an advanced fully on-chain DAO that facilitates liquid democracy. Staking ICP allows users to submit proposals, vote on proposals, and earn rewards for their participation in governance. Internet Computer's investors include Polychain, Scalar Capital, Amino Capital, etc.

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Blockchains (L1)

Internet Computer

# Internet Computer Blocks per second Methodology

## 1. Overview

The Internet Computer blocks per second metric measures the average number of blocks produced per second on the Internet Computer blockchain on a daily basis. This metric provides insight into the network's throughput and performance characteristics. The calculation uses daily blockchain statistics scraped directly from the Internet Computer network, processing the data to ensure accuracy and completeness through deduplication and gap-filling techniques.

## 2. Data sources

The metric relies on the following data sources:
- **Internet Computer network statistics**: Daily blockchain performance data scraped directly from the Internet Computer network infrastructure
- **Scraper data feeds**: JSON-formatted daily statistics containing blocks per second averages and other network metrics
- **Data insertion tracking**: Timestamped records of when scraper data was collected and inserted, enabling data freshness validation and deduplication

## 3. Step-by-step calculation

### Component A: Raw data extraction and parsing
- **Purpose**: Extract daily blocks per second averages from JSON-formatted scraper data
- **Logic**: The system accesses JSON-formatted scraper data containing nested daily statistics arrays. It extracts the `day` timestamp and `blocks_per_second_average` values from each daily statistics record within the JSON structure. The data is parsed using JSON extraction functions to convert string values into proper timestamp and numeric data types for further processing.
- **Key fields**: `day` (daily timestamp), `blocks_per_second_average` (average blocks produced per second), `inserted_at` (scraper data insertion timestamp)

### Component B: Data deduplication and quality assurance
- **Purpose**: Ensure data accuracy by selecting the most recent data for each day and removing duplicates
- **Logic**: Since scraper systems may collect overlapping data or update historical records, the system applies deduplication logic. It assigns row numbers to each daily record based on the insertion timestamp, with the most recently inserted data receiving row number 1. Only records with row number 1 are retained, ensuring that the latest available data is used for each day while eliminating duplicate or outdated entries.
- **Key fields**: `timestamp` (standardized daily timestamp), `chain` (set to 'internetcomputer'), `amount` (final blocks per second value)

### Final aggregation
- **Combining components**: The deduplicated daily blocks per second data flows into Token Terminal's standard metric schema, where it receives additional metadata fields including business line classification as 'Blockchain', market sector identification as 'blockchains_l1', and business segment classification as 'blockchain'
- **Time aggregation**: Data is aggregated at daily granularity with timestamps representing 24-hour periods, maintaining the original daily boundary structure from the source data
- **Gap handling**: The finalize_metric_blocks_per_second macro applies forward-filling logic to handle any missing days in the time series, ensuring continuous data availability by carrying forward the last known value
- **Final calculation**: The final metric value represents the average number of blocks produced per second on the Internet Computer blockchain for each day, expressed as a decimal number with the native precision from the network statistics

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

Average number of blocks produced per second.

Internet ComputerICP

Blocks per second

Blocks per second

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