Quicknode

August 14, 2024 — 4 min read

As blockchain adoption grows, so too does the sheer volume of data generated. This makes it more vital than ever for developers and businesses to have robust and efficient blockchain data tools and practices.

Streams, combined with Functions, create a powerful blockchain ETL solution capable enough to process web3 data with the efficiency and speed developers are used to in web2. In fact, the solution is so powerful that we want all Quicknode users to see for themselves what it can do for their projects and business.

This means all users across all tiers will have a free included monthly allocation of Streams and Functions, available to use for free (monthly free allocation amount depending on plan tier).

Before you start setting up your powerful new blockchain ETL pipeline for free, let’s explore the tools and how they can improve your bottom line.

Streams: Real-Time Data, Fresh Off the Chain

Streams provides a continuous, push-based data flow that simplifies your data ingestion process, eliminating the need for complex ETL pipelines and constant polling

This real-time capability is crucial for applications that require up-to-the-minute information, such as financial services, gaming, and supply chain management.

By using Streams, developers can ingest a variety of datasets and filter only the specific data they need, reducing overhead and improving efficiency.

This targeted data ingestion is a game-changer for blockchain ETL processes, as it allows for precise data extraction tailored to the needs of the application, leading to tremendous savings and gains:

See for yourself by getting started with Streams, for free, in seconds.

Functions: Your Data, Supercharged

Functions seamlessly integrate with Streams and Key-Value Store to revolutionize app and data pipeline building by providing a robust, high-performance, serverless solution to all data challenges.

With Functions, you can automate complex workflows, perform data enrichment, and integrate with external services seamlessly. This capability is essential for transforming raw blockchain data into actionable insights, making it a perfect complement to Streams. We've assembled some ready-to-use examples in the Functions Library for you to explore.

Functions allow developers to write and execute code in response to events, making it possible to process and transform data on the fly. This serverless approach eliminates the need for maintaining dedicated servers, reducing costs and operational complexity.

See for yourself by getting started with Functions, for free, in seconds.

Best-In-Class Blockchain ETL, Now Free for Everyone

When combined, Streams and Functions offer an unrivaled solution for blockchain ETL processes. Here’s how they work together to enhance data processing:

Real-Time Data Ingestion and Processing:

• Streams provide a continuous feed of blockchain data, ensuring that your application is always up-to-date with the latest information.

• Functions can be triggered by Streams events, enabling real-time data processing and transformation.

Automated Workflows:

• With Streams capturing data and Functions handling processing, you can automate complex ETL workflows. For instance, you can filter transactions, enrich data with external sources, and store the processed data in a database, all without manual intervention.

Cost and Resource Efficiency:

• Streaming blockchain can be much more compute and cost-efficient than pulling with RPC calls.

• By using Filters for your Stream, you can minimize the amount of data you ingest, further reducing costs and improving performance.

Scalability:

• Both Streams and Functions are designed to scale with your needs. Whether you’re handling a few transactions per second or thousands, the combined solution can scale effortlessly to meet demand.

• This scalability is crucial for applications that experience variable loads, such as decentralized finance (DeFi) platforms or NFT marketplaces.

Quicknode's Powerful ETL Suite In Practice:

Get Started with Streams and Functions for Free Today

We’re excited to see what our community of developers can dream up with the power of Streams and Functions — now for free!

Get started today and let us know what you think of free Streams and Functions on our socials.

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