How to Utilize Public Blockchain Datasets with BigQuery

Aug 8, 2022 | Blockchain

Public blockchain datasets serve as an invaluable resource for data analysis, especially for cryptocurrencies. Google BigQuery provides a powerful platform to interact with these datasets efficiently. In this article, we will guide you through the process of utilizing these datasets, focusing on specific cryptocurrencies and the associated repositories you can use to extract valuable insights!

Getting Started with BigQuery

To begin your journey with public blockchain datasets in BigQuery, follow these steps:

  • Access BigQuery: Navigate to the Google Cloud BigQuery Console. You must have a Google Cloud account for this.
  • dataset selection: Identify the cryptocurrency dataset you want to explore, such as Bitcoin, Ethereum, or Celo. Click on the relevant link to access the dataset.
  • Querying Data: Use SQL queries to analyze transactions, wallets, and other relevant metrics. The interactive SQL editor lets you experiment with queries.

Overview of Cryptocurrency Datasets

Here’s a brief overview of some popular cryptocurrencies available in BigQuery:

Understanding Repositories for Data Extraction

To fetch and index data efficiently, various repositories have been developed. Think of them as specialized tools in a toolbox. Here’s an analogy:

If querying data is like cooking a recipe, then these repositories are the appliances that help you prepare your meal with ease. Without the right tools, you’ll struggle to create your dish effectively.

Some Useful Repositories:

  • For Bitcoin: Check out the bitcoin-etl repository for extracting Bitcoin data.
  • For Ethereum: Use the ethereum-etl repository for Ethereum data extraction.
  • For Dogecoin: Explore docker-dogecoind to fetch Dogecoin logs.

Troubleshooting Common Issues

As you navigate through public blockchain datasets and their respective repositories, you may encounter some challenges. Here are a few troubleshooting tips:

  • Data Not Loading: Ensure you have the correct permissions in Google Cloud and are using the correct SQL queries.
  • Time-Out Errors: This may happen if your queries are too complex. Simplify them or split them into several smaller queries.
  • Repository Issues: If you can’t access data in your chosen repository, verify if there is an ongoing maintenance window or check for any updates from the respective repository’s GitHub page.

For more insights, updates, or to collaborate on AI development projects, stay connected with fxis.ai.

Conclusion

Utilizing public blockchain datasets through BigQuery is an excellent way to glean insights into cryptocurrency markets. With the right tools and approaches, analyzing vast amounts of blockchain data becomes feasible and efficient.

At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations.

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