Gas Optimization in Ethereum Smart Contracts: Best Practices (2024)

Introduction

Gas optimization is a critical aspect of Ethereum smart contract development to enhance efficiency, reduce costs, and ensure scalability. This article presents ten best practices with diagrams, formulas, and code examples to achieve optimal gas usage in Ethereum smart contracts.

1. Minimize Complex Computations

Complex computations consume more gas. Optimize algorithms and avoid nested loops to reduce gas costs.

2. Use uint instead of int

Unsigned integers (uint) consume less gas than signed integers (int).

3. Limit External Calls

Minimize external calls to other contracts to reduce gas consumption.

4. Use Memory Efficiently

Use memory (memory variables) instead of storage (state variables) for temporary data to save gas.

5. Apply Looping Carefully

Optimize loops to reduce gas costs. Use fixed-size loops when possible.

6. Implement Lazy Evaluation

Lazy evaluation can save gas by deferring computations until necessary.

7. Optimize Data Structures

Choose gas-efficient data structures. Mappings are more efficient for key-value storage.

8. Use Libraries

Reuse external libraries to avoid redundant code and reduce gas consumption.

9. Avoid String Operations

String operations are gas-expensive. Minimize their use and prefer numerical data types.

10. Test and Monitor Gas Usage

Regularly test on test networks and monitor gas consumption using tools like GasGuzzler.

Formulas

  1. Gas Cost Formula:

Gas Cost = Base Gas Cost + (Gas Cost per Byte * Transaction Data Size) + (Gas Cost for Opcode * Number of Instructions)

Code Example

Let's implement a simple smart contract to illustrate some of the gas optimization best practices:

// SPDX-License-Identifier: MIT

pragma solidity ^0.8.0;

contract GasOptimization {

uint256 public totalValue;

function calculateSum(uint256[] memory numbers) public {

uint256 sum = 0;

for (uint256 i = 0; i < numbers.length; i++) {

sum += numbers[i];

}

totalValue = sum;

}

}

In this contract, we have a function calculateSum that calculates the sum of an array of numbers. Let's analyze the gas optimization best practices in this code:

  1. Minimize Complex Computations: The function uses a simple loop to calculate the sum, avoiding complex computations.
  2. Use uint instead of int: The totalValue variable is declared as a uint256, saving gas compared to using a signed integer.
  3. Use Memory Efficiently: The numbers array is passed as a memory variable, reducing gas usage compared to using storage.
  4. Apply Looping Carefully: The loop iterates through the array of numbers, but since the loop is not excessively large, it won't cause high gas consumption.

Conclusion

By following these best practices and understanding gas cost formulas, developers can optimize their Ethereum smart contracts for efficient execution. Efficient gas usage enhances the scalability and cost-effectiveness of DApps, contributing to a better user experience and broader adoption of blockchain technology.

Gas Optimization in Ethereum Smart Contracts: Best Practices (2024)

FAQs

Gas Optimization in Ethereum Smart Contracts: Best Practices? ›

To reduce Ethereum gas fees, choose off-peak hours for transactions, batch similar transactions, use gas tokens and estimation tools, and explore Layer 2 solutions like Optimism. Whether you're an avid DeFi user, a DApp developer, or simply a casual Ethereum enthusiast, high gas fees are equally frustrating for us all.

How to optimize gas in smart contract? ›

Solidity Gas Optimization Tips
  1. Minimize on-chain data. ...
  2. Use Mappings over Arrays. ...
  3. Use Constant and Immutable to reduce smart contracts gas costs. ...
  4. Optimise Unused Variables. ...
  5. Solidity Gas refund deleting unused variables. ...
  6. Use Fixed sized Arrays over Dynamics to reduce your smart contract gas costs.
Apr 29, 2024

How do you optimize ETH gas fees? ›

To reduce Ethereum gas fees, choose off-peak hours for transactions, batch similar transactions, use gas tokens and estimation tools, and explore Layer 2 solutions like Optimism. Whether you're an avid DeFi user, a DApp developer, or simply a casual Ethereum enthusiast, high gas fees are equally frustrating for us all.

How to reduce gas fee in Solidity? ›

7 Simple Ways to Optimize Gas in Solidity Smart Contracts
  1. Avoid Unnecessary Use of Storage.
  2. Enable the ABI Encoder v2.
  3. Avoid Loops and Complex Computations.
  4. Optimize Order of Expensive Ops.
  5. Precompute Off-Chain When Possible.
  6. Optimize Data Layout.
  7. Use Events over Logs.
Aug 3, 2023

Which factor influences the gas cost to deploy a smart contract on the Ethereum blockchain? ›

So, how many gas fees will be charged for a transaction? This is determined by the amount of computation required to execute a transaction. The more complex your contract is — the more gas it will need. Plus, transaction fees may be different even for the same contract.

How do you optimize gas usage? ›

Drive evenly.

Avoid hard acceleration and braking whenever possible. In our tests, frequent bursts of acceleration and braking reduced an older Toyota Camry's mileage by 2 to 3 mpg. Once up to speed, maintain a steady pace. The harder you accelerate, the more fuel you use.

What are the best times for Ethereum gas fees? ›

When are the Ethereum gas fees the lowest? Between 2 and 6 PM UTC, Ethereum transaction fees are the highest. The best times to do Ethereum transactions are early in the morning, between 1:00 and 2:00 UTC, or late at night, between 9:00 and 11:00 UTC.

What makes Ethereum gas fees so high? ›

When the network is busy, such as during peak usage times, gas fees can increase due to heightened competition for block space. Transactions involving complex smart contracts typically incur higher fees because they require more computational resources to execute.

How much Ethereum do I need for gas fees? ›

By default, the minimum gas unit you must spend on any Ethereum transaction is 21,000.

How to optimize smart contract Solidity? ›

Optimizing Smart Contract Code:
  1. Use the Latest Solidity Version 🔗 ...
  2. Avoid Unnecessary Operations ...
  3. Use Built-in Functions ...
  4. Avoid Nested Function Calls 📞 ...
  5. Leverage Libraries 📚 ...
  6. Use Memory Instead of Storage 🧠 ...
  7. Keep Function Parameters Small 📏 ...
  8. Use the Payable Modifier 💰
Oct 21, 2023

How do you keep gas costs low in a multi-batch transaction in Solidity? ›

Parameter optimization: Reducing the number of parameters in a function can save gas, as larger input data increases the gas cost due to more data being stored in memory. Use of payable functions: Payable functions can be slightly more gas-efficient than non-payable ones.

How to reduce ETH gas fees on MetaMask? ›

Click on the fee, and a menu will appear with a slider, and another option to click on 'Advanced Options'. The slider lets you pick between three options that describe how much gas you want to pay: 'Low' involves paying less for gas, and most likely waiting longer for your transaction to complete.

How to optimize gas Ethereum? ›

Gas Optimization in Ethereum Smart Contracts: 10 Best Practices
  1. Minimize Complex Computations. Complex computations consume more gas. ...
  2. Use uint instead of int. ...
  3. Limit External Calls. ...
  4. Use Memory Efficiently. ...
  5. Apply Looping Carefully. ...
  6. Implement Lazy Evaluation. ...
  7. Optimize Data Structures. ...
  8. Use Libraries.

How to know when ETH gas fees are low? ›

Ethereum gas prices vary a lot, even from one hour to another. Statistically, it's been shown that the lowest gas prices can be found in the mornings and on the weekends.

How to avoid gas fees? ›

7 Tips To Avoid Ethereum Gas Fees
  1. Optimize the transaction timing. ...
  2. Take advantage of rebate offers. ...
  3. Choose transaction type carefully. ...
  4. Monitor network congestion to avoid delays. ...
  5. Benefit from gas tokens. ...
  6. Calculate payable gas fees beforehand. ...
  7. Switch to Ethereum 2.0.
Jun 7, 2024

Can a smart contract pay the gas fee? ›

On the blockchain, the paymaster smart contract verifies the digital signature and covers the gas fees on behalf of the user. With the onchain transaction fee covered by the paymaster, the transaction successfully goes through, and payment goes to the merchant's wallet in step 5.

What is the gas in smart contracts? ›

When executing smart contracts, the EVM requires the amount of work to be paid in gas. The “work” includes computation, state transitions, and storage. Gas is the unit of measurement used to charge a fee per opcode that is executed by the EVM. Each opcode code has a defined gas cost.

What is the gas limit for ETH smart contract? ›

Each block has a target size of 15 million gas, but the size of blocks will increase or decrease in accordance with network demand, up until the block limit of 30 million gas (2x the target block size).

What happens when gas runs out during the execution of a smart contract transaction? ›

If a transaction exceeds the amount of gas allotted by the user (known as gas limit), an out-of-gas exception is raised and its execution is interrupted.

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