I am new to the Algorand ecosystem and I am trying to get a better understanding of the best practices for developing on this blockchain. I have been following Algorands updates and resources; but I am still unsure about certain aspects related to building decentralized applications; optimizing smart contracts; and ensuring scalability.
What are some of the key strategies or tools developers use to optimize smart contracts on Algorand for both performance and cost efficiency? Are there any particular pitfalls I should be aware of while deploying contracts; especially in terms of gas fees or execution time?
Algorand is known for its scalability due to its unique consensus mechanism. Although; in real world applications; how should developers approach scalability concerns when dealing with large user bases or high transaction volumes? Are there specific techniques for managing congestion or ensuring smooth scaling of services?
Security is crucial when developing any application on a blockchain. What security best practices would you recommend for someone starting with Algorand? For example; what tools or methods are recommended to ensure the safety of smart contracts and user assets?
Thank you in advance for your help and assistance.
Its the command line tool which can set for you everything for the local development including the local network, template to start building smart contract in python or tealscript, will generate for you generated clients so that you can access the smart contract easily and it also provides the testing best practicies…
Its something similar like if you want to create pure vuejs app and run the npm create vue@latest
But here you just run the algokit init and wizzard will show up… To start localnet you run the algokit localnet start and then algokit explore to run the localnet explorer.
First of all, there are excellent video tutorials at https://www.youtube.com/@algodevs
Please go to the Playlists, and select from multiple available choices.
You can develop apps (smart contracts) in Python-like language, and use the PuyaPy compiler. You can also develop apps in a TypeScript like language, and use the TealScript compiler. There is a devepelopment framework called AlgoKit. It supports both PuyaPy and TealScript.
Algorand txn fee for a payment txn is 0.001 Algo, i.e. less then 0.0003 USD. And the cost to call an app (smart contract) depends from the number of inner transactions, so it is also low.
Although Algorand supports 10000 txn/sec, only a small fraction is used, typically less then 100 txn/sec , so the network is VERY lightly loaded, see e.g. Grafana
So there is virtually no congestion.
It you have an app (smart contract), you can use Tealer to check for the most common vulnerabilities.
I suggest to ask any questions on Algorand Discord
Here you can directly ask the devs. Also, there you can use kapa_ai, an intelligent bot.