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Author Topic: Cost of dApp development on ethereum blockchain?  (Read 122 times)
gomozor (OP)
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July 12, 2018, 08:19:06 AM
Last edit: July 14, 2018, 03:19:57 AM by gomozor
 #1

Hi,
I am trying to figure out the cost of transaction and deployment cost of a standard dApp on the etherium network using solidity?
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rpstatic
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July 12, 2018, 09:12:12 AM
 #2

I just quote this here. You should find all information about the required gas for the deployment of contracts in this article.

https://hackernoon.com/costs-of-a-real-world-ethereum-contract-2033511b3214
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At 20 Gwei per gas, deploying the contract cost 0.01072934 ether, or about $3.21 USD at the current exchange rate of $300/ETH.

You can also minimize the costs by reducing the gas price, check https://ethgasstation.info/ for a safe low price.
half-hitch
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July 12, 2018, 09:26:17 AM
 #3

Additionally, the cost of any transaction (including deploying a smart contract or interacting with one) is fixed in gas price by the operations performed. Appendix G of the Yellow paper contains the gas prices.

Additionally, the EIP-150 revision of the gas codes is proposed here: https://docs.google.com/spreadsheets/d/1n6mRqkBz3iWcOlRem_mO09GtSKEKrAsfO7Frgx18pNU
gomozor (OP)
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July 14, 2018, 03:26:13 AM
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On https://ethgasstation.info/ , the standard transaction cost seems $0.218 right now. What is this standard? How much raw data (in bytes) can it be carried per transaction at this cost?
pistachefreak
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July 14, 2018, 03:27:20 AM
 #5

That's not really a question that anybody can answer. It would all depend on what exactly you are building.

I think you may be better off hiring just one or two experts in cryptography and blockchain tech rather than a mixed bag of 7 "front-end & back-end" devs. But again, it depends on what you're doing.
rpstatic
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July 18, 2018, 06:17:59 AM
 #6

On https://ethgasstation.info/ , the standard transaction cost seems $0.218 right now. What is this standard? How much raw data (in bytes) can it be carried per transaction at this cost?

This is the maximal cost for the standard gas limit of 21000 (typically used for a standard ETH transaction). You can adjust this with the "Gas-Time-Price Estimator" on this site.

I am not sure how many bytes a standard transaction need.
sister1001
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July 20, 2018, 08:40:44 PM
 #7

It is expensive because there is a good demand for seasone pros in this are aof work. You may even not be able to hire top programmers and may have to choose people with different background.
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