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Data Science for Web3

You're reading from   Data Science for Web3 A comprehensive guide to decoding blockchain data with data analysis basics and machine learning cases

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Product type Paperback
Published in Dec 2023
Publisher Packt
ISBN-13 9781837637546
Length 344 pages
Edition 1st Edition
Languages
Concepts
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Author (1):
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Gabriela Castillo Areco Gabriela Castillo Areco
Author Profile Icon Gabriela Castillo Areco
Gabriela Castillo Areco
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Table of Contents (23) Chapters Close

Preface 1. Part 1 Web3 Data Analysis Basics
2. Chapter 1: Where Data and Web3 Meet FREE CHAPTER 3. Chapter 2: Working with On-Chain Data 4. Chapter 3: Working with Off-Chain Data 5. Chapter 4: Exploring the Digital Uniqueness of NFTs – Games, Art, and Identity 6. Chapter 5: Exploring Analytics on DeFi 7. Part 2 Web3 Machine Learning Cases
8. Chapter 6: Preparing and Exploring Our Data 9. Chapter 7: A Primer on Machine Learning and Deep Learning 10. Chapter 8: Sentiment Analysis – NLP and Crypto News 11. Chapter 9: Generative Art for NFTs 12. Chapter 10: A Primer on Security and Fraud Detection 13. Chapter 11: Price Prediction with Time Series 14. Chapter 12: Marketing Discovery with Graphs 15. Part 3 Appendix
16. Chapter 13: Building Experience with Crypto Data – BUIDL 17. Chapter 14: Interviews with Web3 Data Leaders 18. Index 19. Other Books You May Enjoy Appendix 1
1. Appendix 2
2. Appendix 3

Dissecting a block

A block is formed by combining a list of transactions with a header. As depicted in the flow diagram in Figure 2.7, when transactions are added to a block, they alter the state of the blockchain:

Figure 2.7 – How a blockchain evolves (adapted from https://ethereum.org/en/developers/docs/blocks)

Figure 2.7 – How a blockchain evolves (adapted from https://ethereum.org/en/developers/docs/blocks)

The preceding diagram illustrates the progressive evolution of blockchain state data, one block at a time. Blocks are strictly ordered, allowing us to trace the history of each state variation.

In the Ethereum Yellow Paper, a block is defined as “the collection of relevant pieces of information (known as block header) [...], together with information corresponding to the comprised transactions, [...] and a set of other block headers [...] that are known to have a parent equal to the present’s block’s parent (such blocks are known as ommers).

Therefore, a block consists of three main components:

    ...
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