Announcement from Google Concerning 9 Altcoins: Support Provided! - Coinleaks
Current Date:September 21, 2024

Announcement from Google Concerning 9 Altcoins: Support Provided!

Google Cloud announced that it has significantly expanded its BigQuery open data program by including data from 11 leading blockchains. This move aims to empower developers and researchers in the crypto community by providing them with valuable information about these Blockchain networks. Additionally, 9 native altcoin projects of the 11 blockchain networks in question may also come under the spotlight with these developments. Here are the details…

Google statement drew attention to altcoin projects

Blockchains newly integrated into Google Cloud’s BigQuery open data program are as follows. Also, next to Blockchains, you can also see the native tokens of the networks:

  1. Avalanche (AVAX)
  2. Arbitrum (ARB)
  3. Cronos (CRO)
  4. Ethereum (ETH – Dependent)
  5. Phantom (PHM – Opera)
  6. Near (NEAR)
  7. Optimism (OPT)
  8. Polkadot (DOT)
  9. Polygon Mainnet (MATIC)
  10. Polygon Mumbai (MATIC)
  11. Tron (TRX)

In addition to these additions, Google Cloud has also enhanced the Bitcoin BigQuery dataset and added the Satoshi (sats)/Ordinals network to open source Blockchain datasets. This expansion aligns with growing demand from the cryptocurrency community for broader access to blockchain data.

What is the significance of this expansion?

James Tromans, Google Cloud’s global Web3 manager, emphasized the importance of this expansion in meeting the needs of the crypto community. “Blockchain foundations, Web3 analytics firms, partners, developers and customers have always said they want to examine more chains and need a more inclusive perspective,” Tromans said. “We added these Blockchains, which are in demand, to the system,” he said. One of the key benefits of this expansion is the increased ability to gather insights from multiple blockchain networks. Tromans continued his words as follows:

Generally people ask ‘How many NFTs were created on these 3 chains today?’ or ‘How many active wallets are there on EVM chains?’ he asks. Having access to more threads in BigQuery will enable the Web3 community to find many answers much more easily.

Google Cloud’s BigQuery serves as an analytics data store that can scale to petabyte capacities. It enables organizations to analyze large amounts of data quickly and efficiently. This expanded dataset is expected to be a valuable resource for crypto developers, researchers and analysts looking to gain deeper insights into these Blockchains. As the cryptocurrency industry continues to evolve and diversify, Google Cloud’s commitment to providing comprehensive data sources reflects its commitment to supporting innovation and discovery in the Blockchain and Web3 space. This expansion of the BigQuery open data program will significantly contribute to the growth and development of the crypto ecosystem.