Internet search giant Google has put the Ethereum blockchain dataset on its cloud platform, which will help companies, scientists, and crypto enthusiasts with interest in the Ethereum ecosystem to easily analyze the large network information.
The Ethereum data is available on BigQuery, the Google Cloud solution for Big Data analysis. The platform uses an online analytical process (OLAP) that enables ad-hoc and general analysis without the need for additional API implementations.
“While the Ethereum blockchain peer-to-peer software has an API for a subset of commonly used random-access functions (for example: checking transaction status, looking up wallet-transaction associations, and checking wallet balances, for example), API endpoints don’t exist for easy access to all of the data stored on-chain. Perhaps more importantly, API endpoints also don’t exist for viewing the blockchain data in aggregate,” – Google explained.
Google built a software system on Google Cloud that synchronizes the Ethereum blockchain to computers running Parity in Google Cloud, performs a daily extraction of data from the Ethereum blockchain ledger, including the results of smart contract transactions, such as token transfers. The software also de-normalizes and stores date-partitioned data to BigQuery for easy and cost-effective exploration.
Earlier this year, Google added the Bitcoin (BTC) dataset to the BigQuery platform.