Base Coparision

    In this dashboard we compare Base with Arbitrum and Optimism.

    Sections

    In this dashboard we compare Base with Optimism and Arbitrum in past 30 days in section of :

    1- Daily Transactions

    • Daily STPM and Fail rate transactions
    • Base transactions time

    2-Daily Users

    • new users
    • Distribution of users by transactions number and volume transactions
    • Users retention

    3- Transactions ETH volume

    4- Transaction Fee volume

    Definitions

    • Transactions Per Minute (TPM)- Total Transactions Per Minute( includes Success+Fail transactions)
    • Success Transactions Per Minute (STPM) - The STPM is a better indicator for measuring the speed of the blockchain because only successful transactions which generate the real value are counted instead of total transactions which include the failed ones that are wasted computation.
    • Transaction Fail Rate (TFR) - As discussed in STPM, TFR indicates the percentage of wasted calculation during each period of time.

    Methodology

    1. For this dashboard we use base.core.fact_transactions , optimism.core.fact_transactions and arbitrum.core.fact_transactions tables and we filter time to past 30 days.
    2. You can change analyzing time by period box on top of dashboard.
    3. Also we have a section that you can check your transactions in these 3 chains. You can add your wallet address on top of dashboard and check it.
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    About L2 Networks

    A layer-2 network operates on top of an underlying blockchain protocol (Ethereum). It processes transactions off of the Ethereum mainnet (Layer 1), which results in a number of benefits to developers and customers, including: Improved scalability and efficiency, Increased transaction speeds , Reduced gas fees ,Consistent security measures and decentralization as the mainnet (layer 1)

    About Base

    Base is an Ethereum Layer 2 (L2) chain that offers a safe, low-cost, developer-friendly way to build on-chain. Base is an L2 built on OP Stack in collaboration with Optimism. We’re incubating Base inside of Coinbase, leveraging the last decade of our experience building crypto products, and plan to progressively decentralize the chain over time. source

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    Introduction