Avalanche global dashboard
Avalanche is a blockchain that promises to combine scaling capabilities and quick confirmation times through its Avalanche Consensus Protocol.
Overview
Avalanche is a blockchain that promises to combine scaling capabilities and quick confirmation times through its Avalanche Consensus Protocol.
Avalanche has sevelar important benefits that make it one of the most promising crypto chains:
- Interoperability is the capacity to trade and interact with other forms of cryptocurrency and data from other platforms. Avalanche is highly interoperable, as it allows for the creation of different subnets, with its blockchain serving as a common platform. This structure enables different blockchains to interoperate with each other, and share assets and data.
- Scalability: Many other blockchains currently on the market are not scalable, and those that are, lose functionality when trying to scale. It’s a long-running and well-documented issue for older blockchain models. Take Bitcoin (BTC), as an example. Each transaction uses enormous energy and computing power to complete. Ethereum, on the other hand, is not much faster — it can only process 15 transactions per second. These limitations make these blockchains difficult to scale. But Avalanche was built to overcome this very problem, and even boasts more validators than other networks, plus speeds of 4,500 transactions per second (TPS). This makes the Avalanche blockchains potentially infinitely scalable. And, it achieves this without compromising its decentralization — thanks to its three-blockchain system and interoperability with multiple blockchains.
- Usability: mainly, how easy it is to adopt and implement for various applications and uses. For both dApp developers and casual traders, Avalanche has proven in multiple cases to be extremely user-friendly. Avalanche’s blockchain system allows all users and organizations who wish to utilize their tech to deploy their L1 and L2 blockchains.
- Transaction fees: To make each transaction secure, and to prevent spam orders, each transaction made on the Avalanche blockchain requires a payment of a transaction fee. This is similar to Ethereum’s gas prices and is paid in AVAX. This transaction fee is automatically deducted from the address you control. \n
- This dashboard is a representation of how Gnosis is doing in terms of transactions, swaps and transfers health. The analysis provides metrics about:
- Transactions, swaps and transfers in terms of:
- Daily and cumulative number over time
- Daily and cumulative users over time
- Daily and cumulative fees over time
- Daily average fees over time
- % failed vs succeeded
- Distribution of faild vs succeeded
- Transactions, swaps and transfers in terms of:
This dashboard is updated daily
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