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BTC - Tx Cumulative Count
Description
The Bitcoin Cumulative Total Transaction Count gives the count of all historical bitcoin transactions. This metric is most useful as a reference, used in conjunction with other data.
Bitcoin's USD Market Price is included for reference.
Pseudocode
for each block in blockchain:
cuml_tx_sum += block.tx_count
(x,y) := (block.time, cuml_tx_sum)
for each hour in blockchain:
hr_tx_sum := open(blockchain[hr_start:hr_end].cuml_tx_sum)
(x,y) := (hour, hr_tx_sum)
for each day in blockchain:
day_tx_sum := open(blockchain[day_start:day_end].cuml_tx_sum)
(x,y) := (day, day_tx_sum)
Technical Info
The historical transaction cumulative total count is a neat number to watch over time but useful mostly for derivative and utility calculations.
- Hourly and daily aggregations are derived from block data using open for this metric. Open grouping uses the first data in a timeframe to represent that timeframe.
- Hourly data contains occasional gaps; no blocks were generated during these times.
Related Metrics
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