Features and benefits of BigQuery for on-chain data analysis
Analyzing on-chain data can pose significant challenges due to the sheer volume and complexity of data. Google BigQuery, with its powerful features and capabilities, can transform these challenges into opportunities. Let’s explore the specific features and benefits of BigQuery when it’s used for on-chain data analysis, as illustrated in the following figure:
Figure 12.5 – Features and benefits of BigQuery for on-chain data analysis
Let’s expand each feature and provide more details:
- Public datasets: Google Cloud maintains a program where public blockchain data is regularly updated in BigQuery format. This feature makes a wealth of on-chain data readily available for analysis.
- Machine learning: BigQuery’s integration with Google’s machine learning tools allows analysts to create predictive models directly from on-chain data. This can help with...