Bridge Volume

    Q7. Building off last week's question investigating when transactions fail on Flow, what addresses and contracts are causing the majority of failures? What types of activities and events are these addresses doing that are spamming the network? What types of arbitrage opportunities are they seeking and how profitable are these efforts? Compare these transaction failures to the botting issue that Solana has bene facing causing outages. How do they compare and how could Flow attempt to mitigate these issues?

    Analysis Methodology

    In this dashboard, we are looking to investigate the root cause of errors and failed transactions in the FLOW blockchain.

    First, based on the data in the flow.core.fact_transactions table, we examine the error rates on a daily basis over the past two months.

    In the next step, using flow.core.fact_transactions, we group the errors based on their code and analyze these groups over time.

    Then we find the smart contracts that produced the most errors, as well as the wallets from which these errors originated.

    In the last step, we are looking for a pattern in the behavior of these wallets (with the focus on the wallet that has produced the most errors).

    Let's look at the daily error rates over the past two months.

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    Takeaways

    • The high rate of daily blockchain errors was mostly due to user-generated errors, and blockchain itself played no role. This issue must be clearly announced in the media.
    • Nearly 100% error percentage rate for an address indicates that the bot has a logical error and its programmers did not have the necessary skills to develop a professional program that caused high traffic for the blockchain and a high error rate.

    What Can Flow Do ?

    It is better to make changes in the FLOW blockchain that if the transaction error rate of an address exceeds ten percent (for example) within a certain period of time, this address is temporarily blocked and if this is repeated, it is permanently blocked.

    Inbound Bridge Activity on Flow

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    Outbound Bridge Activity on Flow

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