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How to do data analytics on-chain (alien.top)

submitted 9 months ago by --leockl--@alien.top to c/ethereum@blockchained.world

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Hey guys, as I understand it, data analytics (like calculating averages etc) on blockchain data is usually done off-chain (ie. you obtain data from the blockchain via say a third party API call or directly from the blockchain and then do the data analytics off-chain someone else).

Is it possible and/or if it is possible, how do we do data analytics on-chain itself (which I assume would involve doing the data analytics on the smart contract itself)?

Would really appreciate any help or input. Thanks!

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[–] hanniabu@alien.top 1 points 9 months ago (1 children)

It'd likely be a very large transaction and depending on how large of a dataset you're working with you can potentially fill up an entire block with that one transaction. Granted, in reality a transaction that size will probably never make it into a block unless you pay a good validator tip since it'd be more profitable to leave that transaction out and get MEV from a bunch of smaller transactions.

[–] --leockl--@alien.top 1 points 9 months ago

Ok thanks for your input.