In an initiative that started in 2018, Google Cloud is adding blockchain data to BigQuery public datasets. The company added six more data sets in 2019. Now, in line with the demands of the industry, it includes the 11 most in-demand altcoin networks…
Google Cloud wants a comprehensive altcoin network
With this addition, Google meets the wishes of the crypto community. Blockchain fundamentals, Web3 analytics firms, developers, and customers want a more comprehensive look at the crypto landscape. Specifically, “How many NFTs were mined today across three specific networks?” or “How do cross-chain transaction fees change?” They are looking for answers to complex questions such as.
This service provided by Google allows users to answer their questions without the need to operate a node or maintain a directory. Users will be able to query the full on-chain transaction history to understand the flow of assets between wallets, which tokens are popular, and how they interact with smart contracts.
Google Cloud added eleven blockchains to the BigQuery public datasets in preview and will make improvements to existing datasets in the program: Avalanche Arbitrum Cronos Ethereum (Görli) Fantom (Opera) Near Optimism Polkadot Polygon Mainnet Polygon Mumbai and Tron.…
— Wu Blockchain (@WuBlockchain) September 22, 2023
Which altcoin networks have been added?
According to the official announcement, Google has added the following eleven altcoin networks to BigQuery public datasets:
- Avalanche
- Arbitrum
- Cronos
- Ethereum (Görli)
- Phantom (Opera)
- Near
- Optimism
- Polkadot
- Polygon Mainnet
- Polygon Mumbai
- tron
More data access
Improvements have also been made to the existing Bitcoin BigQuery dataset. Google has added Satoshis (sats)/Ordinals to its open source Blockchain-ETL datasets for developers to query. Ordinals are basically a numbering system for sats. This means more use cases for altcoin networks.
As reported by Kriptokoin.com, Google announced its collaboration with LayerZero Labs last week. The collaboration was of particular interest to the Web3 altcoin sector.
Enhancing Google Cloud’s blockchain data offering with 11 new chains in BigQuery https://t.co/NofK6En3aY #devops #devsecops #googlecloud #gcp #ctotips #ciotips
— Inside DevOps (@inside_devops) September 21, 2023
What’s next?
This latest move by Google represents a big step forward for the altcoin and Blockchain world. These altcoin networks added to BigQuery public datasets are a reflection of Google’s serious investment in blockchain technology. But this is just the beginning. In the future, we can expect technology giants such as Google to increase their integration with cryptocurrencies and make more innovations in this field.
The advantages that integration will bring for the altcoin world cannot be underestimated. There will be very valuable opportunities for users, especially regarding analysis and data query. This will enable investors and developers to more accurately track market movements, make strategic decisions and minimize their risks.
In summary, this move by Google helps altcoins reach wider audiences. Such a large-scale integration of a mainstream platform is also an indication of how integrated cryptocurrencies can be into our daily lives. As a result, we can say that a new era has begun in the crypto world with this latest step by Google. The rapid advancement of technology and integrations are very promising for the future of cryptocurrencies.
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