Bitcoin.com: Optimizing EVM Fee Estimation with Quicknode Streams
How Quicknode created new efficiencies with emerging tech to save Bitcoin.com hundreds of engineering hours.
- 6x fasterReceipts and webhook delivery after implementing Streams
- 60-80 engineering hours savedBy automatically routing data to destination
- 5x fasterIndexing of receipts datasets with Streams
과제
Bitcoin.com, a leading crypto wallet, faced challenges in accurately estimating Ethereum Virtual Machine (EVM) transaction fees. They often underestimated fees which led to stuck transactions. Their existing options relied on third party APIs with limited insight into how fees were predicted, or RPC websockets which were prone to disconnection and difficult to backtest.
해결책
By leveraging Quicknode Streams, Bitcoin.com could ingest blocks in real-time and filter for fee-specific data efficiently. This integration allowed them to index new block data directly into their backend, ensuring real-time updates and improved accuracy in their EVM fee estimator. Additionally, given the dynamic nature of fees, Bitcoin.com could easily run replays and back test models and algorithms on fee predictions in periods of high volatility to ensure accuracy.
결과
Improved Accuracy
By filtering fee-specific data in real-time, Bitcoin.com achieved more accurate EVM fee estimations, enhancing their user experience.
Increased Efficiency
Streams automatically routing data to its destination reduced the manual effort required from the data team.
Scalable Solution
Streams multi-chain support enabled Bitcoin.com to backfill and remain real-time at the tip with multiple EVM chains needed for their wallet.
"Quicknode Streams는 신규 및 기존 개발자 모두가 훨씬 더 우수한 블록체인 처리 파이프라인을 활용할 수 있게 해주는 유망한 기술입니다. 제한된 사용 사례에 대한 개념 증명(PoC)을 성공적으로 마친 후, 이제 잔액, 거래 내역 등 핵심 기능을 위해 전체 스택 전반에 걸쳐 Streams를 확대 적용할 계획입니다."안드레이 테렌티예프, 최고기술책임자(CTO)Bitcoin.com