Kategorie: bitcoin
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Secure Blockchain Analytics
Blockchain analytics has become a trending topic in recent years. This topic is of interest not only for public blockchains, such as Bitcoin or Ethereum and their Altcoins, but also for private/permissive blockchains based on various technologies. Nevertheless, there are many challenges involved, such as the large data volumes, the inefficient format for analytics, state…
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Big Data Analytics on Bitcoin‘s first Altcoin: NameCoin
This blog post is about analyzing the Namecoin Blockchain using different Big Data technologies based on the HadoopCryptoLedger library. Currently, this library enables you to analyze the Bitcoin blockchain and Altcoins based on Bitcoin (incl. segregated witness), such as Namecoin, Litecoin, Zcash etc., on Big Data platforms, such as Hadoop, Hive, Flink and Spark. A…
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Leverage the Power of Apache Flink to analyze the Bitcoin Blockchain
The hadoopcryptoledger library has been enhanced with a datasource for Apache Flink. This means you can use the Big Data processing framework Apache Flink to analyze the Bitcoin Blockchain. It also includes an example that counts the total number of transactions in the Bitcoin blockchain. Of course given the power of Apache Flink you can think…
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Spark+Scala+Graphx: Analyzing the Bitcoin Transaction Graph
The hadoopcryptoledger library provides now an example how you can generate a Bitcoin Transaction Graph using the Big Data graph analysis technologies Spark+Scala+Graphx. Basically it demonstrates how to read the Bitcoin Blockchain from HDFS, transform it into a graph with Bitcoin addresses as vertices and transactions between them as edges. The example returns the 5…
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Hive & Bitcoin: Analytics on Blockchain data with SQL
You can now analyze the Bitcoin Blockchain using Hive and the hadoopcryptoledger library with the new HiveSerde plugin. Basically you can link any data that you loaded in Hive with Bitcoin Blockchain data. For example, you can link Blockchain data with important events in history to determine what causes Bitcoin exchange rates to increase or…
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Using Apache Spark to Analyze the Bitcoin Blockchain
The hadoopcryptoledger library provides now a simple example how you can analyze the Bitcoin Blockchain with Apache Spark. Previously, I described how you can use Hadoop MR or any other Hadoop ecosystem-compatible application to analyze it. Basically, it leverages the HadoopRDD API to read the Hadoop File Format of the hadoopcryptoledger library. Afterwards you can…
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Analyzing the Bitcoin Blockchain using the Hadoop Ecosystem – A first Approach
Bitcoin and other crytocurrencies have drawn a lot of attention of companies, public organizations and individuals. While many use cases exists there is still a long road ahead to make them part of everybody’s life. The recently released first version of the open source hadoopycryptoledger library is a first attempt to make this happen. It…