# Polkadot People Transaction count Methodology

## 1. Overview

Transaction count measures the number of confirmed transactions added to the blockchain. It reflects how actively users engage with the network. For Polkadot People, this metric specifically tracks the volume of extrinsics processed on the identity-focused common-good parachain, serving as a primary indicator of activity for social and identity-related functions within the Polkadot ecosystem.

## 2. Data sources

- **Blockchain events**: extrinsics from Polkadot People

## 3. Step-by-step calculation

### Component A: Polkadot People extrinsic extraction

- **Purpose**: Capture raw transaction data from the Polkadot People parachain
- **Logic**: Individual extrinsics are parsed from the Polkadot People chain. For every transaction, a unique identifier and a block timestamp are extracted to ensure precise tracking and deduplication of network activity.
- **Key fields**: `transaction_index`, `block_timestamp`

### Component B: Daily volume aggregation

- **Purpose**: Summarize activity levels on a daily basis
- **Logic**: Extrinsic records are grouped by UTC day using the block timestamp. The transaction count is calculated by performing a distinct count of transaction indices within each 24-hour window to determine the total number of unique confirmed interactions.

### Component C: Data finalization and validation

- **Purpose**: Standardize results and ensure data integrity
- **Logic**: Aggregated values are cast to a standard numeric format. Missing data points in the time series are filled with zeros to maintain a continuous historical record. The final output is filtered based on chain availability metadata to ensure that only validated and non-archived data periods are presented.

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

Confirmed transactions added to the blockchain.

Transaction count

Blockchains (L2)

Network participants process transactions and receive fees from users (supply-side fees).

Polkadot is a security & interoperability platform for blockchains and applications. Polkadot was founded by Gavin Wood and launched in 2020.

DOT holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue). Polkadot’s investors include Polychain, IOSG Ventures, Hashkey, etc.

Polkadot People

Transaction count

Transaction count

Chain breakdown