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Articles

Investigating the link between transaction and computational costs in a blockchain environment

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Pages 3423-3436 | Received 14 Jan 2020, Accepted 03 Apr 2020, Published online: 27 Apr 2020

Figures & data

Figure 1. Adding transactions to the blockchain.

Figure 1. Adding transactions to the blockchain.

Figure 2. Smart contract relationship with the blockchain.

Figure 2. Smart contract relationship with the blockchain.

Table 1. Denominations of ether converted into US dollars using https://ethgasstation.info.

Figure 3. Smart contract functions mapped onto buyer–supplier transactions.

Figure 3. Smart contract functions mapped onto buyer–supplier transactions.

Table 2. List of smart contract functions.

Table 3. Components of the EVM.

Figure 4. Outline of Truffle’s stack.

Figure 4. Outline of Truffle’s stack.

Figure 5. Live blockchain running on the Ganache framework.

Figure 5. Live blockchain running on the Ganache framework.

Figure 6. EVM representation of Wood’s (Citation2017) formula.

Figure 6. EVM representation of Wood’s (Citation2017) formula.

Table 4. Average costs across the smart contracts.