Question:

Q111. Algorand recently turned 3 years old as a blockchain!

One of the main advantages for a user of Algorand is the extremely low fees relative to other blockchains. Create a visualization showing the cost of transaction fees per day accumulated since the beginning of January 2022. What wallets have conducted the most transactions and spent the most on fees? How much have users on Algorand spent on transactions in total?

Methods:

Our analysis consist of following:

• Compare daily transaction count vs total daily gas fee
• Total accumulated cost of all transactions since the beginning of January 2022
• Top wallets that spent the most cost since the beginning of January 2022
• The total cost of transaction fee since the beginning of January 2022.

Conclusion

In this dashboard, we study the cost of transaction fees per day accumulated since the beginning of January 2022. Our results show that the gas cost in the algorand network is very small.