Google is making significant strides in blockchain technology, introducing a new plugin for its BigQuery database tool designed to analyze Ethereum blockchain data and smart contracts. This follows Google's earlier announcement of BigQuery's support for Bitcoin.
Breaking Down Barriers to Ethereum Data Access
Previously, accessing Ethereum blockchain data and decentralized applications (DApps) posed challenges for average users. Google's new tool provides a streamlined approach to interact directly with Ethereum data and smart contracts. While services like Etherscan.io display wallet addresses and transaction details, comprehensive analysis of blockchain-stored data remained cumbersome.
Key Features of the Tool:
- Direct Parity Client Integration: BigQuery can connect seamlessly with Parity clients
- Chrome Compatibility: Chrome users can now read all data stored on the Ethereum blockchain
- Advanced Visualization: Generate detailed charts and maps of Ethereum network activity
Ethereum Transaction Cost Analysis (2018)
The tool enables creation of valuable visualizations like transaction cost statistics. These insights prove crucial for:
- Business decision-making
- Ethereum architecture development
- Network capacity monitoring through simple database queries
Smart Contract Visualization
Google developed an innovative interface for smart contract visualization, allowing users to:
- Create Ethereum traffic maps
- Analyze popular DApps like CryptoKitties
- Track token movements (e.g., OmiseGO ERC-20 transfers)
- Compare smart contract functionalities
Example Application: CryptoKitties Analysis
The tool can map breeding patterns and genealogies of digital cats, displaying:
- Accounts with 10+ CryptoKitties
- Relative fertility (represented by dot size)
- Complete lineage trees
Regular Data Updates and Requirements
- Daily Updates: Ethereum data in BigQuery refreshes every 24 hours
- Technical Requirement: Users need SQL knowledge to execute queries
Google's Expanding Blockchain Toolkit
Google plans to release additional blockchain tools, including:
- Collaboration with Digital Asset to provide blockchain cloud development kits
- Platforms for smart contract development and DApp deployment
FAQ Section
What makes Google's Ethereum tool different from existing services?
Unlike basic blockchain explorers, it enables comprehensive data analysis and visualization through BigQuery's powerful processing capabilities.
Do I need programming skills to use this tool?
Basic SQL knowledge is required to create and run database queries effectively.
How frequently is the Ethereum data updated?
The dataset refreshes daily to ensure current information.
Can this tool analyze other blockchains besides Ethereum?
Currently optimized for Ethereum, though Google has previously added Bitcoin support to BigQuery.
What practical applications does this tool offer businesses?
Enables cost analysis, network monitoring, smart contract comparison, and token movement tracking.
Will Google add more blockchain analysis features?
Yes, the company has announced plans for additional blockchain-related tools and services.