Manta Pacific batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense). Manta Pacific stores call data on Celestia’s modular data availability network.

Manta Pacific is an L2 smart contract platform for decentralized applications on Ethereum. Manta Pacific was founded by Manta Network and launched in 2023.

Manta Network team owns and governs the protocol. Manta Network's investors include Polychain Capital, Qiming Venture Partners, Binance Labs, etc.

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# Manta Block time Methodology

## 1. Overview

Block time is calculated as the average time elapsed between the addition of consecutive blocks to the blockchain. The speed at which the network processes transactions and updates its state is reflected by this metric. Network latency, throughput, and overall operational efficiency are assessed using daily block time measurements on Manta Pacific. Predictable transaction confirmation times and a stable consensus mechanism are indicated by consistent block times.

## 2. Data sources

- **Blockchain events**: Block numbers and block timestamps extracted from block metadata, covering Manta Pacific

## 3. Step-by-step calculation

### Component A: Block metadata extraction

- **Purpose**: Extract block numbers and timestamps while excluding the genesis block
- **Logic**: Block timestamps and block numbers are extracted from block metadata. The genesis block (block number 0) is excluded from the dataset to prevent distortion of the time calculations from the Unix epoch start.
- **Key fields**: `block_timestamp`, `block_number`

### Component B: Block interval calculation

- **Purpose**: Determine the time elapsed between consecutive blocks
- **Logic**: The difference in time between each block and its immediate predecessor is calculated in milliseconds. These individual block intervals are then mapped to their respective calendar days based on the block timestamp.
- **Key fields**: `block_timestamp`, `previous_timestamp`

### Component C: Daily average aggregation

- **Purpose**: Calculate the daily average block time
- **Logic**: The block intervals are aggregated by day, and the average block time is calculated for each daily interval. The final values are normalized and validated against active chain configurations to ensure a continuous time series.
- **Key fields**: `timestamp`, `block_time`

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

avg(block_timestamp - previous_block_timestamp)

MantaMANTA

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Block time

Block time

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Chain breakdown