Google added cryptocurrency ethereum to BigQuery, a public dataset for smart contract analytics. The new service allows one to analyze and visualize data in the Ethereum blockchain. Google had already made the Bitcoin dataset publicly available for analysis in BigQuery.
In a blog post, the company said all historical data are in the ethereum_blockchain dataset, which updates daily.
According to the company, the Ethereum ETL project on GitHub contains all source code used to extract data from the Ethereum blockchain and load it into BigQuery.
Google noted that the Ethereum blockchain peer-to-peer software has an application programming interface or API for commonly used functions, such as checking transaction status and wallet balances, etc. Meanwhile, API endpoints don't exist for easy access to all of the data stored on-chain, and for viewing the blockchain data in aggregate.
BigQuery gives visualization of the data. Google said in the post, "A visualization like this (and the underpinning database query) is useful for making business decisions, such as prioritizing improvements to the Ethereum architecture itself (is the system running close to capacity and due for an upgrade?) to balance sheet adjustments (how quickly can a wallet be rebalanced?)."
Google added that BigQuery has strong Online analytical processing or OLAP capabilities to support this type of analysis, ad-hoc and in general, without requiring additional API implementation.
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