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 Unique transacting wallets Methodology

## 1. Overview

The Internet Computer unique transacting wallets metric measures the daily count of distinct wallet addresses that conducted transactions on the Internet Computer blockchain. This metric provides insight into daily user activity and network adoption by tracking how many unique accounts actively participate in transactions each day. The calculation relies on aggregated statistics provided by Internet Computer's network monitoring systems rather than parsing individual transaction records.

## 2. Data sources

The metric uses the following data sources:
- **Internet Computer network statistics**: Daily aggregated statistics from Internet Computer's blockchain monitoring systems that track network activity and user engagement
- **Third-party scraping system**: Automated data collection system that regularly fetches daily statistics from Internet Computer network APIs or monitoring endpoints
- **JSON-formatted daily metrics**: Structured data containing daily network statistics including unique account activity counts, stored with insertion timestamps for data quality management

## 3. Step-by-step calculation

### Component A: Raw data extraction and parsing
- **Purpose**: Extract daily unique account counts from scraped Internet Computer network statistics
- **Logic**: The system processes JSON-formatted data from the Internet Computer scraper system. Each record contains a `daily_stats` array with multiple days of statistics. The calculation unnests this array to create individual daily records, then extracts the `day` timestamp and `unique_accounts_per_day` count for each date. Data type conversions transform JSON string values into proper timestamp and numeric formats for downstream processing.
- **Key fields**: The `day` field provides the date timestamp, `unique_accounts_per_day` contains the count of unique accounts that transacted, and `inserted_at` tracks when the scraper collected each data point

### Component B: Data quality and deduplication
- **Purpose**: Ensure data accuracy by handling multiple scraper runs and selecting the most recent data for each day
- **Logic**: Since the scraper system may collect data multiple times for the same day (due to updates or corrections), the calculation identifies and removes duplicates. For each day, it ranks all available records by their insertion timestamp in descending order, then selects only the most recently inserted record. This ensures the metric uses the latest and most accurate count for each day.
- **Key fields**: The `inserted_at` timestamp determines data recency, and a `row_number` ranking identifies the latest record per day

### Final aggregation
- **Combining components**: The processed daily unique account counts are standardized into Token Terminal's metric format with required metadata fields including chain identifier (`internetcomputer`), business categorization (`Blockchain`, `blockchains_l1`, `blockchain`), and version tracking (`v1`)
- **Currency conversion**: Not applicable - this metric counts accounts rather than financial values
- **Time aggregation**: Data is already aggregated daily by the source system, with each record representing one day's unique transacting wallet count
- **Final calculation**: The final metric value is the daily count of unique accounts that conducted transactions on the Internet Computer network, processed through Token Terminal's standardization framework that validates the data schema, fills any gaps using a zero-fill strategy, and applies chain availability filtering to ensure data consistency across the platform

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

Distinct wallets making transactions on the network.

Internet ComputerICP

Unique transacting wallets

Unique transacting wallets

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