2 June 2020 - Processing money and sensitive data is meant to become a lot easier with the help of Ethereum’s smart contracts. However, right now it is only a notion. The technology itself is too young to rely on it in your day to day business tasks. While the smart contracts are reliable on their own, every single transaction will cost the owner of the contract certain expenses due to transaction fees. The commission will depend on the parameters and features of your transaction.
In the past, there was no way to get the data on transactions that were carried out by smart contracts. Not in a simple way, at least. You were forced to gather all the information manually and it wasn’t even the end of it. You had to decrypt it all as well. The new open-source solution designed by Exyte is created to handle this issue.
Gaster delivers all of the collected data automatically and delivers it in an understandable format.
It demonstrates all the info regarding the use of your Smart Contract. It provides you with all the information on which methods were applied and demonstrates the price of the transaction for the smart contract proprietor.
The owner can analyze the info and discover:
* The most common methods used
* The highest fees for the used methods
* The highest load on smart contract by users
Gaster gathers all the necessary info, stores it in a single place and delivers many options for impoving the parameters of your smart contract.
If you require the numbers, Gaster offers valuable input that will help you save on transaction fees.
Find out more: https://exyte.com/blog/gaster-free-open-source-analytics-for-smart-contracts
You can use the info from Gaster in following ways:
• Anticipate future expenses. You will be able to forecast future costs with the help of the historical info on average fees and set up preliminary limits on your own.
• Find out which of the methods were the pricey ones. You can determine methods that give you the most trouble expenses-wise by monitoring the relative distribution of method costs over time.
• Improve gas expenses. Gaster demonstrates info on all the gas prices of your smart contract methods, so you can use this info to improve and optimize gas prices down the road.
Gaster is an open-source solution that you can get on GitHub: https://github.com/exyte/gaster

Contacts:
Name of company: Exyte
Name of Contact Person: Vasilisa
E-mail: [email protected]
Full Address: 408 Broadway, NYC, US
Phone: +1 408-600-1372
Website https://exyte.com