Analyze the Bitcoin blockchain
Blockchain data is time-series data. You can use TimescaleDB to ingest, store, and analyze data on blockchain transactions. This tutorial focuses on Bitcoin analysis, but you can apply the same principles and TimescaleDB features on any blockchain data. This includes Etheruem, Solana, and others.
This tutorial shows you one approach to Doing Your Own Research in the blockchain space. Any conclusions made from the data are illustrative examples only. They're meant to help you learn about TimescaleDB features, and to inspire your own data analysis and conclusions. To read about the conclusions we made from analyzing 5 years' worth of Bitcoin transactions, see our blog post.
This tutorial teaches you to ingest and analyze blockchain data in TimescaleDB. Follow these two sections to learn how:
Before you begin, make sure you have:
- A TimescaleDB instance running locally or on the cloud. For more information, see installation options
psql, DBeaver, or any other PostgreSQL client
The easiest way to get a new TimescaleDB instance up and running and complete this tutorial is to sign up for a free Timescale Cloud account (no credit card required).
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