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Blockchain Node Provider — What is it? And why you need it?

Introduction

What is required for application development?

Why is it difficult to work with your own node?

  • Setting up a node takes a long time. It’s not uncommon for it to take up to two weeks to get everything set up and running properly.
  • Once you’ve finished setting up your node, you’ll need to keep an eye on it in order for it to work properly. Nodes usually require constant maintenance because they’re often running on machines that aren’t very powerful or reliable.
  • There are many different types of nodes out there so if something goes wrong with one type of node, there’s no guarantee that another type will work better for you — you could end up having to start over again!
  • Automatic load scaling. If your application starts consuming more resources while working with a node provider, you won’t notice any deviations.

Running a node

Analyzing node clients and determining server requirements.

Node management

Scaling solutions

Sounds like having your own node is difficult, expensive, and not always necessary?

  • When you want to launch a new product on the market, but you’re not sure about how to choose the right node provider.
  • When you need assistance in managing projects and teams of developers.
  • When you want to find a partner who will help you build a scalable platform for your business.
  • High stability. Without high stability, you won’t be able to build your applications.
  • Constant access to nodes. Nodes must be current and updated so that the user does not have to worry about forks or any other changes in the network.
  • Access to historical data so that you can add any history of blockchain interactions to your app.
  • Reliability and trustworthiness of data — you must broadcast only reliable and correct information to your customers, otherwise you could lose them!
  • Automatic load scaling — if your application starts consuming more resources while working with a node provider, you won’t notice any deviations!
URL: <https://ethereum.api.watchdata.io/node/jsonrpc?api_key=your_api_key>
RequestType: POST
Body:
{
"jsonrpc":"2.0",
"method":"eth_blockNumber",
"params":[],
"id":0
}
{
"jsonrpc": "2.0",
"id": 0,
"result": "0xa1c054"
}
URL: <https://ethereum.api.watchdata.io/node/jsonrpc?api_key=your_api_key>
RequestType: POST
Body:
{
"jsonrpc":"2.0",
"method":"eth_sendRawTransaction",
"params":["0xd46e8dd67c5d32be8d46e8dd67c5d32be8058bb8eb970870f072445675058bb8eb970870f072445675"],
"id":1
}
{
"id":1,
"jsonrpc": "2.0",
"result": "0xe670ec64341771606e55d6b4ca35a1a6b75ee3d5145a99d05921026d1527331"
}
URL: <https://ethereum.api.watchdata.io/node/jsonrpc?api_key=your_api_key>
RequestType: POST
Body:
{
"id": 1,
"method": "watch_getTransfersByAddress",
"jsonrpc": "2.0",
"params": [
{
"addresses": "0x6a73eb4e8EA2068ec539D2f0D15d757766E247E4",
"contractAddresses": "native",
"transferDirection": "from",
"fromBlock": 14046400,
"toBlock": "latest",
"offset": 0,
"limit": 10
}
]
}
{
"jsonrpc": "2.0",
"id": 1,
"result": [
{
"blockNumber": 14133136,
"blockTimestamp": "2022-02-03T12:58:13",
"transactionHash": "0x7b778a9135fd37703c089f7dd9e4f54e165b6c5334de5f9e125635682022447a",
"transactionIndex": 10,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xd9e1ce17f2641f24ae83637ab66a2cca9c378b9f",
"value": 230000000000000000,
"fee": 10275082740798368,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14133182,
"blockTimestamp": "2022-02-03T13:06:15",
"transactionHash": "0x66d768ff5482909b9ef2a72b9d701568216070ab760b1f53382b30740a023072",
"transactionIndex": 312,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xe6cd4727a1058e6973e973986d0493f1e7975ef8",
"value": 11682235338506250,
"fee": 22314053230899568,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14145122,
"blockTimestamp": "2022-02-05T09:14:55",
"transactionHash": "0x2b89ac24371d7938728b365cdc56140321095e23d4a47e4ea58d7d357d1642cc",
"transactionIndex": 196,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xd9e1ce17f2641f24ae83637ab66a2cca9c378b9f",
"value": 115498399326596663,
"fee": 5267950395018750,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14145138,
"blockTimestamp": "2022-02-05T09:19:35",
"transactionHash": "0xeb97ff4306efe3ef9c95229b9ac34e6b441c79ae265a4ad5d0be807a3ac084e3",
"transactionIndex": 115,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xe6cd4727a1058e6973e973986d0493f1e7975ef8",
"value": 5720494316456640,
"fee": 16532150415218226,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14145167,
"blockTimestamp": "2022-02-05T09:25:33",
"transactionHash": "0x8efc515d6d6440dc02f938b93162762c73e1fd1b24b8cbe70bf0929a3e21e72d",
"transactionIndex": 325,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xa5409ec958c83c3f309868babaca7c86dcb077c1",
"value": 0,
"fee": 22320578599734744,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14145175,
"blockTimestamp": "2022-02-05T09:27:08",
"transactionHash": "0x1ff0025dc6fe1408b42b8655ff05de4158e5a8a94478a7517873cd79994f9883",
"transactionIndex": 560,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xc71a726d390bf02b4af8920c0820970310d0f367",
"value": 0,
"fee": 2760413994607680,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14145253,
"blockTimestamp": "2022-02-05T09:45:32",
"transactionHash": "0x226847bb385b2600cfc9bae11dc207a5a397a757cee5aab6380e40148463d508",
"transactionIndex": 158,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xef8c662114494e2c7999e5deab46c25ebd2c7e68",
"value": 0,
"fee": 2622120687456424,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14145400,
"blockTimestamp": "2022-02-05T10:16:17",
"transactionHash": "0xd16f57eed01a4edca7bca41bc5de100caca5265fecbe0bb4d84080754af695dc",
"transactionIndex": 66,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xd9e1ce17f2641f24ae83637ab66a2cca9c378b9f",
"value": 100040960961230628,
"fee": 5403373540925517,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14145408,
"blockTimestamp": "2022-02-05T10:19:13",
"transactionHash": "0x8ce35ed7dfd9d5e2eb68a70632cad083dfc0a3bc87317b7199582ade6f38b230",
"transactionIndex": 126,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xe6cd4727a1058e6973e973986d0493f1e7975ef8",
"value": 5106850519666560,
"fee": 19907523574730646,
"asset": "ETH",
"decimals": 18
},
{
"blockNumber": 14190133,
"blockTimestamp": "2022-02-12T08:20:31",
"transactionHash": "0x7944031ad46e604607aca5fd97fd2feaeaf580b0df3e0e0658196dac24954f7b",
"transactionIndex": 266,
"logIndex": null,
"contractAddress": null,
"transferType": "trx",
"from": "0x6a73eb4e8ea2068ec539d2f0d15d757766e247e4",
"to": "0xb03b54093225be141bd5527aeba7289057e44244",
"value": 160000000000000000,
"fee": 972908623281000,
"asset": "ETH",
"decimals": 18
}
]
}
URL: <https://ethereum.api.watchdata.io/node/jsonrpc?api_key=your_api_key>
RequestType: POST
Body:
{
"jsonrpc":"2.0",
"method":"watch_getStatsByDay",
"params":[1645170803],
"id":0
}
{
"jsonrpc": "2.0",
"id": 0,
"result": {
"transactionCount": 1252754,
"averageGasPrice": 99672209984.26283,
"totalGasUsed": 99200040530,
"uncleBlockReward": 676500000000000000000,
"minersReward": 13594383283569909503493,
"blockCount": 6418
}
}
{
"base_symbol": "BTC",
"quote_symbol": "ETH"
}
{
"base_symbol": "BTC",
"quote_symbol": "ETH",
"price": 13.745515525559787,
"created_at": "2022-05-04T09:36:51+00:00"
}

Conclusion

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