Network Performance Dashboard
How has the network performed over the past month compared to the rest of the year? Has transaction per second and success rates of transactions gone up recently? Is this because of less botting or fewer users, or new improvements from the Solana engineers? What wallets and programs have paid the most in fees for failed transactions?
- For finding transaction per second success and other parameters:
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first we consider a day and find the parameters we need.
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Then we divided the results by the number of seconds per day (86400).
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We count number of total transactions.(fail + success)
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Then we filtered the fail transaction and after that success transactions.
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For finding success rate we use this formula (number of success transactions/ total transactions= success rate)
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For finding the wallets and programs have paid the most fees for fail transaction we sum fee.
- In June, we had a close number of transactions and success rate compared to other months.
- About 12570 SOLpaid for fail transactions.
- In June by increasing the number of transaction the success rate increase and in this month their became more relative.
According to the chart:
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We have seen a downward trend in the number of transactions since May 25th, which continued until May 14th.
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After that, we see an upward trend in the number of transactions.
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We may have a similar downward trend in the success rate. This downward trend of decreasing success rate can be seen from March 6th to May 12th.
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After that success rate increase.
Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain.
Created in 2017 by Anatoly Yakovenko, a former executive at Qualcomm, Solana aims to scale throughput beyond what is typically achieved by popular blockchains while keeping costs low. Solana implements an innovative hybrid consensus model that combines a unique proof-of-history (PoH) algorithm with the lightning-fast synchronization engine, which is a version of proof-of-stake (PoS). source)
According to the chart:
- In the month of June, we see the most matching of the success rate and the number of transactions, so these two were most related in this month.
- Also, from February 8th to March 23rd, the success rate was at its highest level, and after that, the trend decreased and then increased.
- On May 15th, we have the lowest success rate of about 0.43 so we have the highest amount of fail transactions.
- And on July 12, March 17, and March 3-6, we saw the highest success rate.