Avalanche Gas Fees

    In this dashboard, we have investigated the amount of gas used in the Avalanche network. The dashboard has two major tabs: one for contracts and one for dApps. Each tab shows which ones generate the most network fees and use the most gas over a user-selectable time period. We have also added two more tabs to the report, by using them and using the parameters below, you can analyze your desired contracts or dApps in terms of the metrics related to the gas used.

    About Dashboard

    In this dashboard, we have tried to dynamically investigate the gas used by the Avalanche network, especially regarding contracts and dapps. Why is this dashboard dynamic? Because there are parameters in this dashboard that the user can analyze the desired data by changing these parameters:

    1. From_Date: Determines the start date of the query.
    2. To_Date: Specifies the end date of the query.
    3. Interval: specifies the time granularity of the queries, which is in two modes, day and week. It is set to day by default.

    🔆Recommendation: If you consider the time interval (that is, the time interval between the beginning and the end of the date) to be large, it is better to set the Interval to a week so that your query runs faster.

    1. Currency: In the Avalanche network, transaction fees are paid based on the governance token of this blockchain, that is AVAX, in this dashboard and using the token price table in the Ethereum scheme, we calculated the price of this token in USD and included it in our calculations. Therefore, by referring to the Currency parameter, you can change the calculations of various metrics to fees to AVAX or USD. The AVAX currency is default.

    2. Contract_Address: If you want to check different metrics related to gas used by a contract, you can paste your contract address in the Contract_Address parameter.

    3. Specific_Name: However, you can also enter the name of your contract in the Specific_Name parameter. Note that the name of the contract is not unique and the set of contracts under the name set will be reflected in the analysis.

    4. dApp_Address: If you would like to analyze the gas used status of a dApp contract, enter its address in the dApp_Address parameter.

    5. dApp_Project_Name: If your dapp has a project name, you can easily enter that name in the dApp_Project_Name parameter and click on the Apply All Parameters button.

    ⚠️Warning: Enter the last four parameters correctly and accurately, otherwise the results may not be accurate. In addition, these four parameters are not case sensitive.

    Note: To apply parameters to all queries under this dashboard, you must log in to app.

    Note: If you do not see some parameters in your browser, you should reduce the zoom of your browser.

    This dashboard has seven tabs:

    About this Dashboard & Definitions: The parameters and definitions used in this dashboard are described in this tab.

    Methodology: The data analysis method related to the gas used in Avalanche is described in this section.

    Contracts: This tab contains graphs and analytical tables related to various gas metrics used by contracts in the Avalanche network.

    dApps: This tab, like the previous tab, has a complete description of the gas status used by dApps in Avalanche.

    Specific Contract(s): If you want to examine a specific contract(s), the results you want will be displayed in this tab.

    Specific dApp Contract(s): Using the described parameters, if you want to investigate the status of dApp in terms of gas consumed in the Avalanche network, you need to search for your results in this tab.

    Conclusion : The results of the investigations carried out on the gas used in Avalanche, contracts and dApps are stated in this section.

    Dashboard Tabs
    Definitions

    Avalanche

    The Avalanche network is a decentralized platform designed for building and deploying financial applications and services. It boasts fast and secure transactions, low transaction fees, and high scalability. Avalanche is built using a unique consensus protocol called Avalanche-Consensus, which enables high-throughput processing and fast finality of transactions. The network also supports interoperability with other blockchain networks and assets, allowing for seamless exchange and transfer of funds between different platforms. Additionally, Avalanche has its own token, AVAX, which is used for staking, governance, and transaction fees within the network. The Avalanche network was created by AVA labs, and it launched in September 2020. The platform aims to address some of the key challenges faced by existing blockchain networks such as slow transaction times, high fees, and lack of scalability. Avalanche achieves this by using a novel consensus mechanism, which sets it apart from other blockchain networks. Avalanche's consensus mechanism is based on a directed acyclic graph (DAG) called Avalanche-Consensus. The consensus algorithm uses a novel approach to achieve a high degree of security and fast finality. It does this by randomly sampling validators and asking them to vote on transactions. The network's architecture is designed to be highly scalable, allowing it to handle thousands of transactions per second. The platform is also highly interoperable, with support for Ethereum Virtual Machine (EVM) smart contracts and other blockchain networks. This means developers can easily port existing dApps and infrastructure onto the Avalanche network. The Avalanche network has its own native token, AVAX, which is used for staking, transaction fees, and governance. AVAX holders can participate in the network's governance by voting on proposals related to network upgrades, changes to tokenomics, and other key decisions related to the network's development. Overall, the Avalanche network offers a promising solution to some of the key challenges faced by existing blockchain networks. With its innovative consensus mechanism, scalability, and interoperability, it has the potential to become a leading platform for decentralized finance (DeFi) and other blockchain-based applications.

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    Gas Used

    In Blockchain, gas refers to the unit of measurement used to calculate the amount of fees required to execute a transaction on a blockchain network. Gas represents the computational power required to process a transaction or run a program on the blockchain network. Each operation or transaction on a blockchain requires a certain amount of gas, which is paid in the native cryptocurrency of the network. The amount of gas required for a particular transaction is determined by its complexity and the computing power required to complete it. The concept of gas is widely used in smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into computer code. The gas fee is paid by the party initiating the smart contract to compensate the network nodes that execute the smart contract code. This ensures that the processing of the smart contract is prioritized by the network and discourages spamming or malicious use of the network's computational resources.

    Fee

    The fee refers to the amount charged for the processing of a transaction or an operation on the network. The fee is paid in the native cryptocurrency of the blockchain network and is used to incentivize miners or validators to process the transaction or operation. The fee is usually determined by the current level of network congestion and the amount of gas required to execute the transaction or operation. In general, the higher the fee paid, the faster the transaction is processed since miners or validators prioritize transactions with higher fees. However, some blockchain networks may also give users the option to set a lower fee and wait for a longer processing time. Fees are an important aspect of the blockchain ecosystem as they ensure the smooth functioning of the network and discourage spamming or malicious use of network resources. By paying a fee, users are essentially purchasing priority access to the network, ensuring the timely and efficient execution of their transactions or operations.

    Transaction

    A transaction in Blockchain refers to the transfer of data or cryptocurrency between two parties on the blockchain network. Transactions contain essential information such as the sender's address, the recipient's address, the amount being transferred, and any associated fees. In a blockchain network, transactions are verified by nodes or miners according to the network's defined consensus mechanism. Once a transaction is validated, it is recorded onto the blockchain ledger, which is a decentralized and immutable record of all past transactions on the network. Every transaction on the blockchain network is assigned a unique transaction ID or hash, which is used to identify the transaction on the blockchain. The transaction ID, along with other transaction details, is stored in blocks which are linked together forming a chain or "blockchain". Transactions in blockchain networks can involve the transfer of various types of digital assets and data, including cryptocurrencies, decentralised applications, smart contracts, and tokens. As such, transactions form the building blocks upon which blockchain networks operate, providing the means for peer-to-peer value and information transfer without the need for intermediaries.

    Active Wallet

    In Blockchain, an active wallet is a cryptocurrency wallet that is currently in use and is actively used for sending and receiving digital assets. A cryptocurrency wallet is a software application that allows users to store, manage, and transact with their digital assets. An active wallet is typically connected to the blockchain network and is used for initiating transactions, either sending or receiving cryptocurrencies.

    Smart Contract

    A smart contract is a self-executing agreement or contract that is stored on a blockchain. It is a computer program that automatically executes the terms of the contract when certain predetermined conditions are met. Smart contracts are built using code, and are stored on a decentralized blockchain network, meaning they are not controlled by any central authority. Smart contracts were first proposed by computer scientist Nick Szabo in the 1990s, and have gained popularity as a powerful tool for building decentralized applications (DApps) on blockchain networks. Smart contracts can be used to automate many traditional legal and financial agreements, including property transfers, financial contracts, and digital asset exchanges. One of the key benefits of smart contracts is their transparent, tamper-proof nature. Once the terms of the contract are agreed upon and the contract is deployed on the blockchain network, it becomes a permanent, immutable record that cannot be altered or deleted. This provides a high level of security and eliminates the need for intermediaries or third parties. Smart contracts are typically written in programming languages specifically designed for creating such contracts on a blockchain. Examples of smart contract languages include Solidity (Ethereum), Simplicity (Bitcoin), and Rholang (RChain).

    dApp

    A DApp, or Decentralized Application, is an application built on a blockchain network that is decentralized and operates through smart contracts. DApps provide benefits such as transparency, faster transactions, lower costs, and increased security compared to traditional centralized applications. Unlike traditional centralized applications, DApps are not controlled by any central authority, but rather run on a decentralized network of computers, also known as a blockchain. Decentralization means that the application is not owned or operated by a single entity, but rather by its users through consensus mechanisms. DApps use smart contracts to automate the rules and processes of the application. Smart contracts are self-executing code that automatically execute when certain conditions are met on the blockchain network. For example, a smart contract in a DApp could automatically execute the transfer of funds between users when a specified condition is met. Examples of DApps include decentralized exchanges, prediction markets, social networks, and games. Many DApps are built on popular blockchain networks such as Ethereum, Avalanche, and ... As the use of blockchain technology grows, DApps are becoming an increasingly popular alternative to centralized applications, offering a more democratic, secure, and efficient way to operate applications.