W2E (Workout to Earn): A Low Cost DApp based on ERC-20 and ERC-721 standards

Fuente: arXiv
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Autores principales: Son, Do Hai, Hao, Nguyen Danh, Quynh, Tran Thi Thuy, Minh, Le Quang
Formato: Preprint
Publicado: 2024
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author Son, Do Hai
Hao, Nguyen Danh
Quynh, Tran Thi Thuy
Minh, Le Quang
author_facet Son, Do Hai
Hao, Nguyen Danh
Quynh, Tran Thi Thuy
Minh, Le Quang
contents Decentralized applications (DApps) have gained prominence with the advent of blockchain technology, particularly Ethereum, providing trust, transparency, and traceability. However, challenges such as rising transaction costs and block confirmation delays hinder their widespread adoption. In this paper, we present our DApp named W2E - Workout to Earn, a mobile DApp incentivizing exercise through tokens and NFT awards. This application leverages the well-known ERC-20 and ERC-721 token standards of Ethereum. Additionally, we deploy W2E into various Ethereum-based networks, including Ethereum testnets, Layer 2 networks, and private networks, to survey gas efficiency and execution time. Our findings highlight the importance of network selection for DApp deployment, offering insights for developers and businesses seeking efficient blockchain solutions. This is because our experimental results are not only specific for W2E but also for other ERC-20 and ERC-721-based DApps.
format Preprint
id arxiv_https___arxiv_org_abs_2406_12244
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle W2E (Workout to Earn): A Low Cost DApp based on ERC-20 and ERC-721 standards
Son, Do Hai
Hao, Nguyen Danh
Quynh, Tran Thi Thuy
Minh, Le Quang
Software Engineering
Decentralized applications (DApps) have gained prominence with the advent of blockchain technology, particularly Ethereum, providing trust, transparency, and traceability. However, challenges such as rising transaction costs and block confirmation delays hinder their widespread adoption. In this paper, we present our DApp named W2E - Workout to Earn, a mobile DApp incentivizing exercise through tokens and NFT awards. This application leverages the well-known ERC-20 and ERC-721 token standards of Ethereum. Additionally, we deploy W2E into various Ethereum-based networks, including Ethereum testnets, Layer 2 networks, and private networks, to survey gas efficiency and execution time. Our findings highlight the importance of network selection for DApp deployment, offering insights for developers and businesses seeking efficient blockchain solutions. This is because our experimental results are not only specific for W2E but also for other ERC-20 and ERC-721-based DApps.
title W2E (Workout to Earn): A Low Cost DApp based on ERC-20 and ERC-721 standards
topic Software Engineering
url https://arxiv.org/abs/2406.12244