Analyzing the Performance of a DAPP Using Blockchain 3.0

Blockchain is the most cutting-edge technology nowadays. Most organizations are trying to achieve decentralization using blockchain technology. But storing information in such a system incurs some charges due to the creation of new blocks which results in gas fees, and requires some processing which takes some time. Each transaction that executes in the blockchain uses some gas that the user must pay. Frequent updation/creation of data results in the creation of a new block resulting in gas fees, to reduce this transaction cost and the time to process the data, the user can cache multiple data in memory and push all the data in the blockchain in a single transaction which results in less gas usage as compared to pushing each data individually. The author has created a cachingmechanism to store multiple details in the memory and the user can push these stored data into the blockchain in a single click. In this implementation, the author has used a local blockchain provided by ganache which works on a local host. A dialogue box is shown to the user after a successful transaction showing the transaction and time taken to push the data to the blockchain. The gas fees and the current block number can be viewed in the ganache console.