How to load Bitcoin into Neo4j in one day
Details
Bitcoin can arguably be better understood as a graph data structure than as a table. Outputs are created when new blocks are mined and locked to a specific address. These outputs are used (or unlocked) as inputs to new transactions, which will in turn generate their own sets of outputs. Bitcoin is a big network of transactions which use outputs from other transactions to generate their own outputs.
At TokenAnalyst, we believe that although modelling the Bitcoin domain knowledge on a tabular format has its value (and we in fact do it for different use cases), modelling it as a graph gives us extra power to perform analyses that would be otherwise very difficult to achieve on a regular database. Analyses such as Network Centrality, Paths Analysis, Community Detection, and many many more. This is why we decided to implement a Neo4j database for our Bitcoin data store.
In the first part of our talk, we will explain the general architecture of our solution and how after a series of optimisations, we managed to reduce the bootstrap time of a new deployment, to under one day. In the second part, we will discuss some of the advanced analytics that Neo4j enables on the Bitcoin blockchain.
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YOUTUBE LIVE LINK:
We'll be hosting this session on YouTube live:
https://www.youtube.com/watch?v=ndH6VZ1KFUg
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ABOUT THE SPEAKERS
Cesar Pantoja
Cesar is a Software Developer with more than 11 years of experience designing and developing large scale software systems using numerous technologies, Frameworks and methodologies.
He has PhD in Electronic Engineering and Computer Science from Queen Mary University of London on large scale semantic exploitation of forensic data and probabilistic reasoning for the semantic web, finished May 2017.
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ONLINE DISCUSSIONS
We'll be taking questions live during the session, but if you have any questions before or after be sure to post them in the project's thread in the Neo4j Community Site (https://community.neo4j.com/t/how-to-load-bitcoin-into-neo4j-in-one-day/5273).
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TIME
08:00 PDT (UTC - 7 hours)
11:00 EDT (UTC - 4 hours)
15:00 UTC
16:00 BST (UTC + 1 hours)
17:00 CEST (UTC + 2 hours)
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How to load Bitcoin into Neo4j in one day