Google's data analytics service, called BigQuery, will now display information about the Ethereum blockchain.
BigQuery is a system for analyzing and processing large amounts of data, released in 2011, combined with Google cloud storage. By exporting session and hit information from a Google Analytics 360 account to BigQuery, a user can run queries on all of their Google Analytics data using SQL-like syntax. This system can process 1,000 queries per second for each project and, according to one of the developers, finds information in four terabytes of data in 30 seconds.
A user can use up to one terabyte per month for free, after which the service becomes paid.
BigQuery integrated Bitcoin data in February 2018.
According to the official statement of the company, blockchain information is good for conducting OLTP (transactions), but not OLAP (analytical data). “The inability to easily generate reports based on blockchain information can reduce transparency and increase the difficulty of determining the price of bitcoin to the dollar,” company representatives said in February.
The service displays all information on the blockchain, which is updated every 10 minutes.
According to BigQuery, Ethereum data is much more accurate and “immediate” than Bitcoin data. The Ethereum blockchain also has a large amount of data, as it stores not only transactions, but also contracts.
This move demonstrates that Google has changed its position on ban on advertising and information about cryptocurrencies. Currently, the Internet giant has again allowed advertising of digital assets on its platforms.
At the end of July, Google removed the MetaMask application from its online stores. MetaMask is very important for the Ethereum blockchain, since with this application you can access the network from regular browsers.
After five hours, the application was added to the store again without explanation.
You May Also Like
Kazakhstan tracks taxpayers using blockchain
Blockchain technology in Kazakhstan is confidently becoming an everyday reality due to the active interest in the technology of the public administration segment and the financial sector of the country. Thanks to government support for the development of digital technologies, it became possible to develop a fiscal system based on Blockchain technology.
Hong Kong grants residence permit to blockchain specialists
As part of the country's new unique immigration policy, Hong Kong is offering jobs to experienced blockchain professionals from around the world who can contribute to the country's economic development.
