In mid-December in Singapore happened a good day, and something puzzled Allen day, 41-year-old scientist in the field data. Using the tools developed at Google, he saw a mysterious coordinated the work of artificial intelligence on the blockchain Ethereum.
The Ethereum, the second largest cryptocurrency in the world after Bitcoin, which today has a market capitalization of about 14.6 billion dollars, despite 83 percent loss in 2018. Looking at the blockchain — a distributed database transaction, the underlying cryptocurrency — day found “a whole bunch” of “Autonomous agents” that move means “automated way”. Although experts still didn’t know who created this AI, it is suspected that it may be agents of cryptocurrency exchanges, trading among themselves to artificially inflate the price of ETH.
“It’s not just individual agents, making it your own. They are organized with other agents that generates a large group effect.”
The official position of the Dai as a senior developer on Google Cloud, however, he describes his role as a “zero client” cloud computing company. His job is to anticipate demand before the appearance of the product, and he believes that it is important to make the blockchain more accessible. Just as Google was able to make the Internet more convenient to use 20 years ago and received a profit in the end, his next billions can appear due to the “illumination” of the block chain. If the idea of the day will be crowned with success, the world will know whether the real use of the blockchain the hype around it.
Danish researcher Thomas Sinclair uses Google BigQuery to display public information about XRP cryptocurrency addresses. Craters represent some of the largest cryptocurrency exchanges.
Last year day and a small team of developers, open source has quietly started data download the entire block chain in Bitcoin and Ethereum analytical platform for big data of Google BigQuery. Then use a third-party vendor Evgeny Medvedev, he created a set of sophisticated software to search through data.
Despite the complete lack of publicity, the news of the project spread rapidly among cryptocode. Last year was established more than 500 projects using new tools that tried to do everything from predict the price of Bitcoin to the analysis of the distribution of wealth among the owners of ETH.
When it comes to cloud computing, Google lags far behind Amazon and Microsoft. Last year the company received about $ 3 billion of income from cloud services. Meanwhile, Amazon and Microsoft earned about 27 billion dollars and 10 billion dollars respectively.
Day hopes that his project, known as the Blockchain ETL (“extract, transform, load”) will help even the playing field. But here Google is trying to catch up. In 2018, Amazon actively went to the blockchain with a set of tools for the creation and management of distributed registries. Microsoft has entered this area in 2015, releasing tools for Ethereum blockchain. Currently, the company provides a range of services through its Azure Blockchain Workbench. However, while Amazon and Microsoft are trying to simplify the creation of applications for the blockchain, day focused on how to show, how and by whom actually use the blockchain.
“In the future movement of economic activity at the chain would not require a consensus level of confidence,” says day, referring to the primary mechanism of validation of the underlying technology of the blockchain. — “It will take some trust in someone you actually interact”. In other words, if the blockchain will become widely distributed, from some of his favorite anonymous properties have to give.
A native of the County of Placer, California, day received his first computer at the age of 5 years, and a few years later began to write simple programs. Fascination with volcanoes and dinosaurs drew his interest to the life Sciences, and he eventually graduated from the University of Oregon with a degree in biology in 2000. From there he went to the University of California in Los Angeles to get a doctorate in human genetics and to help in the creation of software to view the genome.
At the University the day started distributed computing, a concept that lies at the basis of the block chain, which store their data in a large network of individual computers. In the early 2000s, the day it was necessary to perform huge amount of data that make up the human genome. To solve this problem, he hooked a lot of small computers, significantly increasing their capacity.
Distributed systems have long been in my Toolkit. I saw that the block chain has interesting characteristics, which can provide the global supercomputer.
Company Deya hired in 2016 to work in health and bioinformatics Google, moved on to bacanal most popular experience in the field of distributed computing on the planet. But the talents that he had honed — sequencing the genomes of infectious diseases in real time and the use of artificial intelligence to increase the yield of rice was hard to use to decrypt the blockchain.
Before dey and Medvedev have released their tools to perform a simple search on the blockchain had to get special software — block explorer — which allowed the user to see only certain transactions, marked with a unique hash of the 26-digit or more alphanumeric characters. Blockchain ETL from Google, by contrast, allows users to perform a more General search at the entire ecosystem of the transaction.
To demonstrate how customers can use the Blockchain ETL to improve cryptoeconomy, dey used their tools to examine so-called hard forks, or irrevocable branching database of the blockchain, which has a new currency: in the summer of 2017 separated from Bitcoin Bitcoin Cash.
This particular split was a result of the “war” between the two groups balinovac community, one of which wanted to leave the coin as is and the other is to create a cryptocurrency that would be cheaper, faster and more convenient for small payments. Using Google’s BigQuery, dey found that Bitcoin Cash instead of to increase the so-called microtransactions, referred to by the developers, in fact just accumulated among the big holders of coins.
“I was curious to quantitatively show what is happening, so we can see the honest use of the blockchain,” says dey. — “Then we can proceed to the next use and so find out what these technologies really fit”.
Work day inspires others. Tomasz Kolinko — Warsaw programmer and the Creator of the service, analyzing smart-contracts typical of some of the block chain that provide transparent compliance with Treaty obligations, without requiring the intervention of third parties. Kolinko was disappointed with the queries to the blockchain.
In December Kolinko met day at the hackathon in Singapore. A month after meeting Kolinko used the Google tools to search for smart contract “self-destruct”, is intended to limit the term of the contract. Using our own software in conjunction with gaevskim, Kolinko found 23 seconds 1.2 million smart contracts — previously it would take hours. As a result, almost 700 of them left the self-destruction function open, which would immediately destroy any smart contract regardless of whether executed or not.
“In the past it was not possible to simply check all contracts that use it,” said Kolinko. — “This tool is both the most frightening and the most inspiring of all that I created”.
Now dey deals not only with Bitcoin and Ethereum. Litecoin, zcash for, Dash, Cash, Bitcoin, Ethereum Classic, Dogecoin — have also been added to BitQuery. Independent developers upload their own sets cryptogenic to Google. Last August, Dutch developer Wietse Wind loaded into BigQuery all 400 gigabytes of data transactions from the blockchain, Ripple (XRP). Data Windows prompted Danish designer Thomas Sinclair to create a heat map of cryptoprotocol. As a result, more than a million of cryptocurrency wallets with a magnificent view.
“Google has always been something of a sleeping giant in the blockchain,” says CEO BlockApps Kieren James-Lubin, they cooperate with Google in the sale of enterprise applications for the blockchain.
In addition to the work day, Google has filed many patents related to Baccano. The company also encourages its developers to create applications on the Ethereum blockchain, and the venture capital division of Google — GV — has made a number of significant investments in cryptocurrency startups.
The giant seems to Wake up.
The post Longed about the relationship of Google and the blockchain appeared first on FineCrypto.