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Blockchains (L2)

Rootstock

# Rootstock Transaction count Methodology

## 1. Overview

Transaction count measures the total number of confirmed transactions successfully added to the Rootstock blockchain. This metric reflects the level of activity and engagement from users and applications interacting with the network. As a Bitcoin sidechain, tracking transaction volume on Rootstock provides insight into the adoption of smart contract functionality within the broader Bitcoin ecosystem.

## 2. Data sources

- **Blockchain events**: Transaction records from the Rootstock blockchain, covering Rootstock

## 3. Step-by-step calculation

### Component A: Transaction record extraction

- **Purpose**: Capture the raw transaction activity from the network
- **Logic**: Individual transaction data is retrieved from the Rootstock blockchain. For each transaction, the unique hash and the timestamp of the block in which the transaction was included are extracted. Native gas usage details, including gas price and gas used, are also captured to characterize the transaction environment.
- **Key fields**: `transaction_hash` (unique identifier), `block_timestamp` (timing)

### Component B: Daily aggregation

- **Purpose**: Summarize network activity into a daily time series
- **Logic**: Transactions are grouped by day based on the block timestamp using UTC boundaries. A distinct count of transaction hashes is performed for each day to determine the total volume of processed transactions. This aggregation ensures that each unique transaction is counted exactly once per daily interval.

### Component C: Data validation and normalization

- **Purpose**: Ensure data continuity and consistency for reporting
- **Logic**: The aggregated counts are passed through a finalization process where data is validated against canonical chain and project identifiers. To maintain a continuous time series, any days where no activity is recorded are populated with zero values. Values are cast to a standardized numeric format to ensure consistency across the platform.

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

Confirmed transactions added to the blockchain.

RootstockRIF

Transaction count

Transaction count

Competitive landscape