Transactions by Protocol

Q115. Using the following App ID lists from Folks Finance, AlgoFi, Tinyman, and AlgoDex, lets look at what percent of transactions their app calls and associated transactions(transactions in the same tx_group_id) make up on the Algorand blockchain.

as we know

> Algorand uses a unique variation of Proof of Stake called Pure Proof of Stake (PPoS). PPoS is a highly democratized PoS consensus mechanism with a low minimum staking requirement for participating in and securing the network — only one ALGO coin is needed to participate.

In this analysis, with the help of Flipside data as well as tableflipside_prod_db.algorand.application_call_transaction, information about transactions is mined We will review this information separately in each section below

Checking the number of transactions

Check the amount of the fee

First, we take a look at the total number of network transactions Then we compare these four protocols

As can be seen, the general trend of the graphs is the same and shows a relative drop in recent months

In the last graph obtained by normalizing the data, the amount of transaction in four protocols can be compared.

In the last part, I have reviewed the fees First, the fee allocated to each protocol was calculated separately by day, and then with its help and by normalizing the data I have been able to make a comparison between these four protocols In the last tables, the total per protocol is also mentioned