Building a Bitcoin API and query system.



Summary:

C++ and Node.js developer, Sumit Lahiri, is proposing the creation of a new Bitcoin API that will allow for fast querying of Bitcoin blocks and transactions without requiring synchronization with all previous nodes. Currently, in order to build a full-fledged Bitcoin explorer cum wallet system with external APIs, developers must first sync their node before querying the necessary information. Lahiri proposes a unified method of finding and querying blockchain data with a standardized template that contains minimal information about the actual mined block or transaction while still satisfying the developer's needs. He is working on creating this template and support mechanism on Node.js and plans to propose it as an improvement (BIP). If implemented, this could greatly benefit future web developers looking to create similar systems.


Updated on: 2023-06-13T14:17:28.352480+00:00