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

Viction is a smart contract platform for decentralized applications (a blockchain). Viction was founded by Ninety Eight and launched in 2018.

VIC holders own and govern the protocol. They currently don't take a cut of the total transaction fees paid by users (revenue). Ninety Eight's investors include Binance Labs, The Spartan Group, Multicoin Capital, etc.

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Blockchains (L1)

Viction

# Viction Block time Methodology

## 1. Overview

Block time measures the average time interval between consecutive blocks on the Viction blockchain, expressed in milliseconds and aggregated daily. This metric provides insights into blockchain performance and network health by tracking how consistently the network produces blocks. The calculation analyzes consecutive block timestamps to determine the time required for block production.

## 2. Data sources

- **Viction blockchain data**: Raw block headers from the Viction network containing block timestamps and sequential block numbers
- **Block metadata**: Block production timing information including `timestamp` and `number` fields for each mined block

## 3. Step-by-step calculation

### Component A: Block timestamp extraction
- **Purpose**: Extracts timing data from raw Viction blocks
- **Logic**: Retrieves `timestamp` and `number` fields from Viction block data, filtering out the genesis block by excluding blocks where `number` equals zero. This ensures only actual mined blocks with valid timing data are included in the calculation.
- **Key fields**: `block_timestamp` (when the block was mined) and `block_number` (sequential block identifier)

### Component B: Consecutive block pairing
- **Purpose**: Pairs each block with its immediate predecessor to enable time difference calculations
- **Logic**: Uses window functions to associate each block with the timestamp and number of the previously mined block. Orders blocks by `block_number` in ascending sequence and applies lag functions to access the prior block's data within the same result set.
- **Key fields**: `previous_timestamp` (timestamp of the preceding block) and `previous_block_number` (number of the preceding block)

### Component C: Block interval calculation
- **Purpose**: Computes the time difference between consecutive blocks
- **Logic**: Calculates the millisecond difference between each block's timestamp and its predecessor's timestamp. Only includes blocks where the block numbers are truly consecutive (current block number minus previous block number equals exactly 1) to ensure accurate timing measurements. Groups results by day using timestamp truncation.
- **Key fields**: `block_time` (interval in milliseconds) and `timestamp` (day-level grouping)

### Final aggregation
- **Combining components**: Takes the individual block intervals calculated for each day and computes the average block time across all blocks mined within that 24-hour period
- **Time aggregation**: Groups data by calendar day boundaries using timestamp truncation, ensuring all block intervals within the same day contribute to that day's average
- **Metadata enrichment**: Adds standardized fields including `chain_id` set to 'viction', `market_sector_id` set to 'blockchains_l1', `business_segment_id` set to 'blockchain', and `timestamp_grain` set to 'day'
- **Final calculation**: The final metric value represents the arithmetic mean of all block intervals (in milliseconds) for blocks produced on each given day, providing a daily average block time measurement for the Viction network

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

avg(block_timestamp - previous_block_timestamp)

VictionVIC

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Block time

Block time

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