In this guide, we’re going to demonstrate how to write and run the simplest script for tracking Ethereum wallet balance with GetBlock’s RPC API. What is Token Ownership? Token ownership is just a digital version of holding an asset. It is similar to holding stocks, currencies, or commodities like gold or silver. Each token is linked to an account (or wallet address), and the balance of tokens in that account reflects ownership. When you acquire tokens, whether you are buying them on an exchange through trading, getting them as staking rewards, or someone giving you as a gift, they are transferred to the respective wallet addresses and you become their…
-
-
Getting started with On-chain Data Analysis in Python using getblock.io
On-chain data analysis involves studying the information recorded on a blockchain to gain insights into transaction patterns, market trends, and network behavior. By examining the data stored on the blockchain, analysts can uncover valuable information about user behavior, market sentiment, and the overall health of a blockchain network. In this post, I am going to discuss some basics about on-chain data analysis for blockchain and then will be discussing how we can leverage the getblock.io platform to perform on-chain analysis of transactions using Python language. What is On-chain Data Analysis? On-chain data analysis refers to the process of studying the information recorded on a blockchain. It involves analyzing transaction details,…
