The Google Cloud team has officially made the Ethereum dataset available in BigQuery, the company's big data warehouse for analytics, according to a post published on Google's official blog August 29.
The Ethereum blockchain data is posted in the dataset and updated on a daily basis.
As the team explains, the tool was created to help make business decisions, prioritize improvements to the Ethereum architecture itself, and balance sheet adjustments, e.g. how quickly a wallet can be rebalanced.
As Google explains, the Ethereum blockchain contains APIs for random functions such as checking transaction status, looking up wallet-transaction associations, and checking wallet balances.
Screenshot of Ethereum transfers and transactions costs in 2018.
The software based on Google Cloud synchronizes the Ethereum blockchain to computers running Parity - a UK-based provider of infrastructure software for interacting with the Ethereum network, which performs a daily extraction of data from the Ethereum blockchain ledger and stores date-partitioned data to BigQuery for exploration.
One of them relates to CryptoKitties - a game based on the Ethereum blockchain that is the most popular ERC-721 smart contract by transaction count.
Google has already expanded into blockchain-based tools and services this year.
In February, the company created a similar tool for the Bitcoin blockchain to visualize transactions, detect anomalies, and extract necessary data from the blockchain ledger.
As Cointelegraph wrote in July, Google also partnered with two blockchain-focused firms, Digital Asset and BlockApps, to offer new distributed ledger technology solutions on Google's Cloud Platform.
Google Adds Ethereum Blockchain Dataset to Its Big Data Analytics Platform
gepubliceerd op Sep 4, 2018
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.