Leveraging QuickNode's Single Flight RPC for Efficient Blockchain Interactions

Introduction

Blockchain networks are often compared to mines, dark and complex. The data stored on these chains is like gold, but extracting it can be a challenging task. Blockchain networks consist of various processes that make extracting data a complex and time-consuming endeavor. However, with QuickNode's Single Flight RPC, the process of extracting blockchain data becomes much easier and more efficient. In this guide, we will explore how to leverage QuickNode's Single Flight RPC for efficient blockchain data extraction.

What is QuickNode's Single Flight RPC?

QuickNode's Single Flight RPC is a powerful add-on available on the QuickNode Marketplace. It simplifies the process of retrieving block and transaction data from blockchain networks. By using Single Flight RPC, developers can significantly reduce the number of calls or interactions with the blockchain, making the data extraction process faster and more cost-effective.

The Importance of Block and Transaction Data

Block data and transaction receipts are crucial components of blockchain data. Blocks contain all the transactions processed by the network and are linked together using unique hashes. Transaction receipts provide proof that a particular transaction has been processed, allowing users to track the progress of their transactions through the network. These data sets are essential for maintaining the transparency, integrity, and security of the blockchain network.

Challenges of Traditional Data Extraction Methods

Extracting block and transaction data from blockchain networks using traditional methods can be a time-consuming and expensive process. Organizations and developers often spend months gathering the required data to start their initiatives. Once the data is obtained, significant engineering efforts are required to post-process and analyze the large amounts of data. Depending on the blockchain network, retrieving transaction details can be extremely costly, sometimes reaching hundreds of thousands of dollars.

Introducing QuickNode's Single Flight RPC

QuickNode's Single Flight RPC add-on simplifies the process of retrieving block and transaction data from blockchain networks. By using Single Flight RPC, developers can significantly reduce the time, engineering efforts, and costs associated with traditional data extraction methods. The add-on leverages an off-chain database to store and index blockchain data, reducing the number of calls or interactions with the blockchain. This results in faster and more efficient data extraction.

Backfilling: Making Data Retrieval More Efficient

Backfilling is a process that involves pulling all data from the genesis to the tip of the blockchain. This process reduces the need for frequent calls to the blockchain network, making data retrieval more efficient. By having all the data readily available, organizations and developers can save time and resources by minimizing the number of interactions with the blockchain.

Leveraging QuickNode's Single Flight RPC for Data Retrieval

To leverage QuickNode's Single Flight RPC for efficient data retrieval, developers need a QuickNode Ethereum endpoint with the Single Flight RPC add-on. This can be easily set up by visiting the QuickNode Marketplace and installing the add-on during the endpoint configuration process. Once the endpoint is set up, developers can start retrieving block and transaction data using the Single Flight RPC methods.

Retrieving Block and Transaction Data

Traditionally, retrieving block and transaction data from Ethereum and other EVM-based chains involves making block or transaction-level method calls to blockchain nodes. This process can be time-consuming and inefficient. However, with QuickNode's Single Flight RPC, developers can simplify the data retrieval process and improve efficiency.

Traditional Method

The traditional method of retrieving block data from Ethereum involves using the eth_getBlockByNumber or eth_getBlockByHash method. Similarly, transaction data can be obtained using the eth_getTransactionReceipt method. These methods require making individual requests for each block or transaction, resulting in multiple calls to the blockchain network.

curl QUICKNODE_HTTPS_URL_HERE \
  -X POST \
  -H "Content-Type: application/json" \
  --data '{"method":"eth_getBlockByNumber","params":["0xc5043f",false],"id":1,"jsonrpc":"2.0"}'

curl QUICKNODE_HTTPS_URL_HERE \
  -X POST \
  -H "Content-Type: application/json" \
  --data '{"method":"eth_getBlockByHash","params":["0x829df9bb801fc0494abf2f443423a49ffa32964554db71b098d332d87b70a48b",false],"id":1,"jsonrpc":"2.0"}'

curl QUICKNODE_URL_HERE -X POST \
  -H "Content-Type: application/json" \
  --data '{"method":"eth_getTransactionReceipt","params":["0x04b713fdbbf14d4712df5ccc7bb3dfb102ac28b99872506a363c0dcc0ce4343c"],"id":1,"jsonrpc":"2.0"}'

QuickNode's Single Flight RPC Method

With QuickNode's Single Flight RPC, developers can streamline the data retrieval process. The Single Flight RPC add-on provides two RPC methods that simplify the extraction of block and transaction data:

• qn_getBlockWithReceipts: This method retrieves all transaction receipts along with the block data for the queried block.

curl QUICKNODE_URL_HERE -X POST \
  -H "Content-Type: application/json" \
  --data '{"method":"qn_getBlockWithReceipts","params":["0xEDA8CE"],"id":1,"jsonrpc":"2.0"}'

• qn_getReceipts: This method retrieves all transaction receipts for the queried block.

curl QUICKNODE_URL_HERE -X POST \
  -H "Content-Type: application/json" \
  --data '{"method":"qn_getReceipts","params":["0xEDA8CE"],"id":1,"jsonrpc":"2.0"}'

These methods allow developers to retrieve block and transaction data more efficiently by reducing the number of calls to the blockchain network.

Supported Blockchain Networks

QuickNode's Single Flight RPC is supported on various blockchain networks, including Ethereum and other EVM-based chains. This add-on provides developers with a seamless experience for retrieving block and transaction data, regardless of the supported blockchain network. As of the latest update, here are some of the blockchain networks supported by SFRPC:

• Ethereum

• Binance Smart Chain

• Polygon (Matic)

• xDai

• Avalanche

• Fantom Opera

• Arbitrum

• Optimism

• Celo

• Fantom

Please note that the list of supported networks may evolve over time as QuickNode continues to expand its offerings.

Conclusion

QuickNode's Single Flight RPC is a powerful tool for efficient blockchain data extraction. By leveraging this add-on, developers can simplify the process of retrieving block and transaction data from blockchain networks, resulting in significant time and cost savings. With the ability to backfill data, QuickNode's Single Flight RPC offers a streamlined approach to blockchain data extraction. Whether you're working with Ethereum or other supported blockchain networks, QuickNode's Single Flight RPC is a valuable tool for efficient data retrieval.

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