This dashboard is a dynamic tool to analyze gas usage on the Avalanche network, breakdown by contracts and dApps.

There are 4 main tabs provided in this dashboard:

• Contracts: Get a bird's eye view of gas fees generated by Avalanche contracts. Analyze trends, spot outliers, and gain valuable insights into the performance of various contracts.
• dApps: Dive into the world of decentralized applications on the Avalanche network. Uncover patterns and variations in gas fees, allowing you to make informed decisions based on the behavior of different dApps.
• Specific Contract: Tailor your analysis to a specific contract of interest using the "Specific_Contract" parameter. Whether you have the name or address, this tab provides an exclusive breakdown of gas fees for your chosen contract.
• Specific dApp: Zoom in on a particular decentralized application with the "Specific_dApp" parameter. Analyze gas fees generated by the selected dApp, gaining a focused understanding of its performance.

Key Parameters:

From_Date and To_Date: Set your desired time frame using these parameters to customize the dashboard's data range. The default period spans from January 1st, 2024, to March 1st, 2024.

Date_Trunc: Adjust the time interval for over-time charts with the "Date_Trunc" parameter. The default setting is daily, but you have the flexibility to tailor it to your preferred time granularity.

What is Avalanche?

Avalanche is a decentralized blockchain platform that aims to provide a scalable, high-performance infrastructure for decentralized applications (dApps) and financial systems. It was created by Emin Gün Sirer and his team and launched in 2018.

Avalanche uses a unique consensus protocol called Avalanche consensus, which is designed to achieve high transaction throughput and low latency while maintaining security and decentralization. The protocol allows validators to reach consensus on transactions in a matter of seconds, making it one of the fastest blockchain networks currently available.

The Avalanche platform supports the development and deployment of smart contracts and decentralized applications using a variety of programming languages. It also includes a built-in decentralized exchange (DEX) that enables users to trade digital assets without the need for a centralized intermediary.

Avalanche Contracts

In Avalanche, a contract refers to a smart contract that is deployed on the platform's blockchain. A smart contract is a self-executing program that automatically executes the terms of an agreement between two or more parties. Once a smart contract is deployed on the Avalanche network, it becomes immutable and transparent, and its execution is guaranteed by the blockchain's consensus mechanism.

Avalanche smart contracts are stored on the platform's blockchain, and their execution is triggered by transactions sent to them. The transactions can contain data and/or value, and once the conditions specified in the smart contract are met, the contract automatically executes the agreed-upon actions.

Smart contracts on Avalanche can be used for a variety of purposes, such as creating new tokens, executing complex financial transactions, or implementing governance mechanisms for decentralized organizations. The platform's built-in DEX, for example, is implemented as a smart contract on the Avalanche blockchain.

Avalanche Decentralized Applications (dApps)

A decentralized application, or dApp, in Avalanche, is an application that is built on top of the platform's blockchain and operates in a decentralized and trustless manner. dApps on Avalanche are designed to provide the benefits of blockchain technology, such as immutability, transparency, and security while allowing users to interact with them without the need for intermediaries or centralized control.

Some examples of dApps that can be built on Avalanche include decentralized exchanges (DEXs), prediction markets, gaming applications, and social media platforms.

One of the advantages of building dApps on Avalanche is its high transaction throughput and low latency, which can support a large number of transactions per second. This makes it possible to build dApps that require fast and frequent transactions, such as high-frequency trading bots or gaming applications that require real-time interaction.

Avalanche Gas Fees

Avalanche gas fees refer to the fees that are required to execute transactions and smart contracts on the Avalanche network. These fees are paid in the platform's native token, AVAX, and are used to compensate validators for processing and verifying transactions on the network.

The amount of gas fees required for a transaction or smart contract execution on Avalanche depends on several factors, including the complexity of the operation, the demand for network resources, and the congestion level of the network. In general, more complex operations and higher network demand will require higher gas fees.

Avalanche uses a variable fee structure, which means that gas fees can fluctuate based on network conditions. The platform also employs a fee-burning mechanism, which means that a portion of the gas fees paid by users is permanently removed from circulation, reducing the overall supply of AVAX and potentially increasing its value over time.

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Dashboard by Ali3N

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