We wanted to understand how to increase the speed of deploying to BlockChain without breaking the bank!
What it does
We created a visual tool to analyze gas usage. It uses GAS PRICE and COST for the deployed transactions.
A part of gas unit is the smallest type of work that is processed and confirmed urgently for scalability. Validating and confirming transactions on the blockchain requires a certain amount of gas, depending on the size and type of each transaction.
PlasmXR can be used to making fast efficient decisions by taking parts.
Miners are paid for their work validating transactions and adding blocks to the blockchain in fractions. These fractional units comprise the gas price for the transaction.
A transaction needs to be confirmed urgently or as soon as possible, a higher gas price should be included with the transaction.
It is important to communicate to the miners how much work needs to be done in order to process a transaction.
If the gas limit is set too low, a transaction can fail, or get rejected, which would result in losing the gas paid for the transaction.
If a transaction is processed before the limit is reached, the rest of the gas will be returned to the sending wallet.
How we built it
Built on CasperLabs & XR using IBM Cloud databases.
Challenges we ran into
Working through with no sleep and conquering errors. Integration of different technologies. Failed transactions
Accomplishments that we're proud of
Pulling all nights as a team, sharing food and drinks, making new friends with the sponsors and hackathon participants.
What we learned
We learned about CasperLabs, GraphQL, Cloudant and BlockChain
What's next for PlasmXR
Keep learning and push forward.