Introduction
Introducing GasWatch: A Comprehensive Gas Usage Analysis Dashboard for the Avalanche Network
As the Avalanche network continues to grow and evolve, it becomes increasingly important for developers, users, and stakeholders to have a deep understanding of the gas usage dynamics within the ecosystem. GasWatch is designed to provide unparalleled insights into the gas consumption landscape on the Avalanche network, enabling users to make more informed decisions and optimize their interactions with smart contracts and decentralized applications (dApps).
Our cutting-edge dashboard is intuitively organized into two distinct tabs: one for smart contracts and another for dApps. With user-selectable time periods, you can easily track and analyze the most gas-consuming contracts and dApps, as well as those generating the highest network fees. GasWatch goes beyond just displaying raw data, offering a range of metrics and visually engaging charts that reveal emerging trends, growing usage patterns, and other valuable insights based on network fees, unique user counts, and other relevant criteria.
GasWatch is the ultimate tool for developers, users, and network enthusiasts looking to gain a deeper understanding of the gas usage landscape on the Avalanche network, empowering them with the knowledge to optimize their experience and contribute to a more efficient, vibrant ecosystem.
Definitons
What is Avalanche?
Avalanche (AVAX) is a cryptocurrency and blockchain platform that rivals Ethereum. AVAX is the native token of the Avalanche blockchain, which—like Ethereum—uses smart contracts to support a variety of blockchain projects.
The Avalanche blockchain can provide near-instant transaction finality. AVAX is used to pay transaction processing fees, secure the Avalanche network, and act as a basic unit of account among blockchains in the Avalanche network.
What are Contracts?
Smart contracts are self-executing agreements with their terms directly written into code, deployed on blockchain networks for transparency, immutability, and security. Once pre-defined conditions are met, smart contracts automatically execute without the need for intermediaries, streamlining various processes across industries.
What are dApps?
decentralized applications (dApps) are applications built on top of blockchain platforms, leveraging the benefits of decentralization, censorship resistance, and enhanced security. dApps use smart contracts as their building blocks, enabling them to provide services like decentralized finance (DeFi), gaming, and content sharing without relying on a central authority or single point of failure.