The Tron blockchain was added a few days ago to the crypto-themed datasets collected by the Google Cloud BigQuery service that deals with interactive big data analysis.
This allows BigQuery users to query Google Cloud and its machine learning capabilities for real-time data and projections regarding the Tron ecosystem, such as transactions, smart contract interactions, TRX token flows and community engagement.
Querying data from the crypto world via AI and data warehouse software is a growing trend with more and more providers ready to offer their services and more and more crypto information present in the vast virtual space of Web3.
Full details below.
Google Cloud adds Tron to crypto data list for BigQuery
Recently BigQuery Studioa data processing service on Google Cloud, has added information about the Tron crypto network and its ecosystem to its public dataset regarding the crypto world.
Google Cloud’s BigQuery is a serverless data warehouse that allows you to generate SQL queries for analyze large data sets in real time leveraging the power of Google’s infrastructure and machine learning.
This multi-cloud solution allows developers and practitioners to simplify the analysis workflow in the areas of importing, exploring and visualizing the information itself.
The service also offers a AI tool that provides help writing code in SQL and Python by suggesting features, blocks and fixes.
The strong development of web3 sector, with the increase in the number of repositories potentially usable within the various decentralized servers, has led Google Cloud plans to include crypto-themed dataclassified according to blockchain to which it belongs.
The context around the Tron ecosystem has become a fixture in the decentralized application landscape, with the crypto network being second on the list of chains containing the most capital locked up.
Behind only Ethereum in fact, Tron dominates the DeFi market with a TVL of 6.63 billion dollars. With the enormous amount of data processed by the Tron network, inclusion in BiQuery sets represents an opportunity for all industry experts to gain in-depth analysis and representations of historical on-chain data, streams of trc-20 tokens, interactions with smart contracts and overall user engagement.
Of course, all of this is offered without the need to rely on individual nodes or indexers, but simply by turning to the Google Cloud platform.
The tech giant’s service continues to refine by the day, storing more and more information, ensuring datasets remain accurate, and integrating new features thanks to feedback from its users.
Currently in BigQuery we can find a large amount of data related to 10 other blockchains besides Tronto know ArbitrationCronos, Ethereum (Görli), Fantom (Opera), Near, Optimism, Polkadot, Polygon Mainnet and Polygon Mumbai.
Big Data Analysis and Queries in the Blockchain World: Nansen, ChatGPT and The Graph
Over the years, the thriving development of the Web3 community has led to the emergence of a number of services, centralized and non-centralized, intended to perform big data analysisjust like Google Cloud’s BigQuery does, in order to offer developers increasingly powerful solutions for performing interactive analysis of cryptographic information.
Tron’s inclusion in Google’s data warehouse represents just the tip of the iceberg of a a world that is evolving at an impressive pace.
Testifying to the development of this trend, we cite the news of a few days ago in which Nansen Querya service that provides reliable programmatic access to blockchain data, added the Nearby network dataset to extend its reach in the decentralized domain.
In May this year, Tron data was also integrated into it.
Two days ago, ChapGPT also added a connect which allows its users to exploit Coinmarkecap’s internal data to query the chatbot and obtain analysis, reprocessing and export of data.
This allows even those who are less “technical” in the field of data analysis to obtain interesting insights in real time and conduct in-depth research on the selected topic.
Beyond the last mentioned integrations, it is worth noting the rise in power strong presence of open source software created exclusively to track the activities present in the different blockchain applications, which could put obstacles in the way of Google Cloud and its expansion projects.
We are talking about The graphica cryptographic AI project that aims to help developers make innovative use of the data they deem relevant to improve the efficiency of their applications.
The Graph indexes different data in “subgraphs”, allowing its users to send query requests while receiving immediate and accurate responses.
Many people, called indexers and delegators, help the project process the large amount of information and deliver it to end users with a crypto reward from network commissions.
To act as indexers or delegators, it is necessary to stake an amount of GRT, a protocol utility token, which is “lost” in the event of misconduct.
This technique, consistent with game theory and the mechanism behind block validation in The point of sale of Ethereumensures that the service works perfectly.
Currently, The Graph is used by famous applications such as Aave, Curve and Uniswap and is based on data from more than 45,000 projects, relying on more than 200 indexers.
In The Graph it is not yet possible to obtain data from Tron and the cryptos that revolve around it, but we can count an integration from over 40 crypto networks.