Transaction Failures

    Establish the failed transaction rate for Osmosis over the last 4 months. Make a case for what is causing the failed transaction rate that you assess and provide recommendations to mitigate it.

    Introduction

    What is Osmosis?

    Osmosis is a decentralized peer-to-peer blockchain that people can use to create liquidity and trade IBC enabled tokens. The Osmosis blockchain is made up of free, public, and open-source software.

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    Methodology

    • We will look the transaction failures on Osmosis

    • We are lloking to see how often they occor and what transactions fail the most.

    Osmosis transaction failure metrics

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    Observations

    • all of the osmosis have succeeded up until March 3rd 2022.

    • The number of failed transactions spiked on May 12th with almost 3 million transactions.

    • The transaction failure rate on osmosis has been growing and is now currently between 5%-20% of all transactions.

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    Conclusion

    • Nearly 70% of all transaction failures on Osmosis happen on tx Trasnsactions.

    • Message, Coin pent, Coin received, Transfer all have the same number of transaction failure.

    • The number of failed transactions spiked on May 12th with almost 3 million transactions.

    • The transaction failure rate on osmosis has been growing and is now currently between 5%-20% of all transactions.