Chapter 6
Parsing Blockchain Data and Building the Analysis Dataset
IN THIS CHAPTER
Comparing in-place and external data analysis
Relating external data
Deciding what data you need
Assembling the data your models will need
In Chapter 5, you learn how to connect to an Ethereum blockchain and read data that smart contracts manage. Blockchain data consists of more than just smart contract state data, and over the next few chapters you learn how to identify and access transaction details and logs as well. No hard rules exist for accessing blockchain data for analytics; each project may have different requirements and need different types of data.
One important aspect of blockchain analytics to understand is the nature of blockchain apps and data. Blockchain technology is not just a new type of database. In fact, storing data in a blockchain that doesn’t need to be there is expensive. Because a fee is required to store data in a blockchain, the only data that should get stored is data that benefits from transparency, integrity, and immutability.
In this chapter, you learn how to fetch ...
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