Insights from Aurora

    Introduction

    Aurora is a solution, that allows to execute Ethereum contracts in a more performant environment—NEAR blockchain, a modern layer-1 blockchain which is fast (2-3 second transaction finalization), scalable, and carbon neutral. Aurora is an Ethereum Virtual Machine (EVM) implemented as a smart contract on NEAR Protocol. We are here to help scale Ethereum ecosystem for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform, with low transaction costs for their users.

    Aurora provides the Ethereum 1.0 development experience, with layer-2-like speed and scalability. If you are an Ethereum developer, getting started on Aurora is as easy as changing the RPC endpoint you interact with.

    Aurora supports all tools available in the Ethereum ecosystem — MetaMask, Truffle, Hardhat, Remix, etc. Additionally, NEAR's trustless bridge to Ethereum means even the assets on Aurora are the same as Ethereum. For example, account balances in Aurora's EVM are denominated in the same Ether (ETH) as on Ethereum itself.

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    🛠 Methodology

    In this analysis, we will delve into the daily activity and user engagement trends on the Aurora platform and the Near blockchain over the span of the last six months. To conduct this comprehensive examination, we will utilize data from the "aurora.core.fact_transactions" table. Our primary focus will be on three crucial aspects: transaction volumes, success rates, and contract engagement levels on both the Near and Aurora blockchains.

    By studying these key factors, we aim to gain valuable insights into the transaction activities of new and regular users, the fluctuation of Gas values on the Near blockchain, user retention rates, and the duration of user activity on both platforms. Through this exploration, we intend to better understand user behavior and the characteristics of these blockchain networks.