Bitcoin, Blockchains and APIs: The Decentralization Spectrum - Josh Cincinnati, Block Cypher
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Transcript of Bitcoin, Blockchains and APIs: The Decentralization Spectrum - Josh Cincinnati, Block Cypher
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Bitcoin, Blockchains, and APIs
The Decentralization SpectrumJosh Cincinnati, Developer Advocate, @acityinohio,
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> whoamiBitcoin-obsessed Developer AdvocateSkeptical in 2010, Incepted in 2012
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Inception
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BlockCypher: The Dream TeamWe build infrastructure, you build ideas (inceptions?)
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BlockCypher: The Biggest Little Bitcoin Company
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curl https://api.blockcypher.com/v1/btc/main{ "name": "BTC.main", "height": 401197, "hash": "00000000000000000585f3575edf5acde608c0ae17f8d6988f10aaa4cfedbcf9", "time": "2016-03-05T00:44:11.720094856Z", "latest_url": "https://api.blockcypher.com/v1/btc/main/blocks/00000000000000000585f3575edf5acde608c0ae17f8d6988f10aaa4cfedbcf9", "previous_hash": "000000000000000004e1027953a537d7b30557b34c4207c7af7b2e63bcadc378", "previous_url": "https://api.blockcypher.com/v1/btc/main/blocks/000000000000000004e1027953a537d7b30557b34c4207c7af7b2e63bcadc378", "unconfirmed_count": 33216, "high_fee_per_kb": 66566, "medium_fee_per_kb": 25874, "low_fee_per_kb": 22589, "last_fork_height": 399886, "last_fork_hash": "000000000000000006a553939f586b491f63d3158b3baee1fbdf06bd3c41becc"}
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curl https://api.blockcypher.com/v1/eth/main{ "name": "ETH.main", "height": 1681232, "hash": "48015b512d94182bd3915f460a63f52ef246d0cbacd6d79156d7c6bdb6efe0e4", "time": "2016-06-10T23:57:24.898560671Z", "latest_url": "https://api.blockcypher.com/v1/eth/main/blocks/48015b512d94182bd3915f460a63f52ef246d0cbacd6d79156d7c6bdb6efe0e4", "previous_hash": "10ce2f9c63b2259289b797d65627ec04164cce2792b0c7e21875c22620d1a5ec", "previous_url": "https://api.blockcypher.com/v1/eth/main/blocks/10ce2f9c63b2259289b797d65627ec04164cce2792b0c7e21875c22620d1a5ec", "peer_count": 71, "unconfirmed_count": 12735, "high_gas_price": 40000000000, "medium_gas_price": 20000000000, "low_gas_price": 5000000000, "last_fork_height": 1678736, "last_fork_hash": "91b80c1dbe1c8aa4a29f2cbfccfb5228a238eb80b2e686f16a25eb0e4f0c117f"}
(wow)
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curl https://api.blockcypher.com/v1/doge/main{ "name": "DOGE.main", "height": 1248677, "hash": "9c598635b2095980d435df4a005954fe7f813f92dcd6fa43f83d9094fa9b622d", "time": "2016-06-11T01:26:06.628346687Z", "latest_url": "https://api.blockcypher.com/v1/doge/main/blocks/9c598635b2095980d435df4a005954fe7f813f92dcd6fa43f83d9094fa9b622d", "previous_hash": "0070e475102eeed30c5267ab497f746481d16db2d5b5ddf3126ce4da83dcb5a6", "previous_url": "https://api.blockcypher.com/v1/doge/main/blocks/0070e475102eeed30c5267ab497f746481d16db2d5b5ddf3126ce4da83dcb5a6", "peer_count": 535, "unconfirmed_count": 42, "high_fee_per_kb": 72275, "medium_fee_per_kb": 27720, "low_fee_per_kb": 25000, "last_fork_height": 1248054, "last_fork_hash": "593acb70259eee108bc19b64fbd69a4c6a57e3db51a2e88c379c549da506fc4f"}
(such wow)
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https://api.blockcypher.com/v1/btc/main/txs/302d18e6576a0cde20e5729a547dc782ca496923d443c334009f8cea0401c85e/confidence{ "age_millis": 12405, "receive_count": 937, "confidence": 0.927205463977282, "preference": "low", "txhash": "302d18e6576a0cde20e5729a547dc782ca496923d443c334009f8cea0401c85e", "txurl": "https://api.blockcypher.com/v1/btc/main/txs/302d18e6576a0cde20e5729a547dc782ca496923d443c334009f8cea0401c85e"}
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Base Protocol (Bitcoin, Ethereum, etc.)
MiningApplications/Services
Users/Usage
Middleware
Blockchain Cake
Infrastructure
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...from our IaaS perch, lots of demand
2016: 2+million
API calls/day
2014: 0 calls
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bitcoinj
C-ethereum
Why?
btcdBitcoinCore
ethereum-JPythonethereumGo-ethereum
● Steps: 15● Time: 3 - 6 months● Resources: SysAdmin, Developer,
Ops, DevOps, machines ● Cost: $44k - $700k yearly
● Step: 1● Time: 1 hour ● Resource: Developer ● Cost: starts ~$1k yearly,
scales with you
Do It Yourself (basic set-up):
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Blockchain-as-a-Service (BaaS)
Locally...
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btcd
The Decentralization Spectrum
BitcoinCore
Go-ethereum
bitcoinj
PermissionedBlockchain
A single bank /lawyer
SPV
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Centralization vs SpecializationMobile environmentsCost/memory-restricted VPSsComplexity simplifiedReliable bitcoin sandboxMany Trust, some Verify
RUNNING BITCOIN NODE
USING APIs
graciously modified from https://xkcd.com/1319/
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How to Trust and Verify
bitcoind btcd
bitcoinj
Many Data CentersGo/Cassandra/RedisCustom Node
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Some Examples from Customers
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Q&A/Thanks!Check out http://dev.blockcypher.com/ for
moreJosh Cincinnati, [email protected],
@acityinohio