This week the Bitcoin Cash (BCH) developer Unwriter has launched the second iteration of Bitdb, a world NoSQL database backed by BCH and carried out with Mongo-DB. Unwriter’s newest Bitdb 2.Zero permits the protocol to constantly synchronize itself with not solely the BCH op-return database however now the autonomous database syncs with each bitcoin transaction.
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Want to Query Every Transaction on the BCH Chain? Bitdb 2.0 Provides a Bitcoin Cash Powered Database for Mongo-DB
A number of months in the past the software program developer Unwriter launched a program referred to as Bitdb 1.0. The program mainly works as an autonomous database that may crawl, index, and question the blockchain for each op-return transaction. So basically Bitdb takes the transaction and information it in a structured doc and shops the finish end in Mongo-DB. This permits anybody to make the most of this knowledge to assist them construct customized Bitcoin Cash-powered purposes. So far a bunch of platforms has used Bitdb resembling Memopay, Simpleledger.money, Bookchain.money, Matter.money, and extra. But this week Unwriter particulars after constructing Bitdb 1.Zero it was simply the begin of one thing a lot greater.
“After all, op-return is only one of many opcodes in Bitcoin — If op-return alone may carry this a lot innovation, think about what can be doable while you open up the database to the complete Bitcoin universe,” Unwriter explains throughout the Bitdb 2.Zero announcement.
Unwriter provides:
I imagined — And then I constructed.
Bitdb 2.0 Can Help Bolster Smart Contracts, Bitcoin Powered Bots, Autonomous Programs, and More Creative Applications
The newest model, Bitdb 2.Zero crawls each single transaction on the BCH chain and shops all of the data in real-time. Unwriter particulars that the platform “indexes every single push data in every single bitcoin script.” This consists of all output scripts like timelock, P2PKH, multi-sig and it indexes inputs as nicely.
“Things like smart contracts, bitcoin powered bots, autonomous programs, and many more creative applications no one has even imagined yet become significantly easier to build with Bitdb,” Unwriter states. “At the end of the day, everything is data, and all data fit into a database.”
Additionally, Unwriter explains that each one the Bitdb indexes may be related so analysts and builders can construct a transaction graph. “You could even combine a graph query with a script query,” the developer provides. Adding extra icing to the cake, Unwriter says a developer may construct tokens that talk with different tokens. “A token that interoperates with other protocols, and an application protocol that talks to another application protocol,” Unwriter says.
There have been many new purposes constructed on the BCH community this 12 months and Unwriter has created a big portion of platforms for fairly a while. The developer hopes different BCH programmers use the newest 2.Zero model of Bitdb if they’re considering constructing a BCH software. Some time again the quantity of knowledge wanted to construct a dependable platform might be overwhelming, however Unwriter says Bitdb 2.Zero supplies a “high-level framework” that makes it simple for anybody to gather machine-readable knowledge and question the Bitcoin Cash blockchain.
What do you consider Bitdb 2.0? Let us know what you consider this challenge in the remark part below.
https://www.bitscoins.net/bitdbs-global-database-now-crawls-the-entire-bch-transaction-universe/
