Bitcoin Transaction Tracking via WebSocket
Since you are looking to track all transactions on the Bitcoin network, you have stumbled upon a promising solution. The provided URL is actually a valid API endpoint that allows you to subscribe to real-time updates from the Bitcoin blockchain.
In this article, we will look at what this API offers and how you can use it to track all transactions on the Bitcoin network.
What can I do with this API?
The API provides a WebSocket endpoint that allows real-time streaming of data from the Bitcoin blockchain. With this API, you can:
- Subscribe to transaction updates: By subscribing to specific channels (e.g.,
tx,block, ortransaction) and adding your client’s Ethereum address as a listener, you will receive updates when new transactions are broadcast or mined.
- Tracking addresses and corresponding transaction history: You can subscribe to channels for individual addresses and receive real-time updates on transaction history, including the time of each transaction and its value.
Prerequisites
Before diving into this API, make sure that:
- Your Bitcoin client is connected to the network.
- Your Ethereum client is configured to send transactions to the specified address (if applicable).
- You have the necessary permissions to access Bitcoin blockchain data.
Setting up the API connection
To use the API, you will need to:
- Register for an API key on the Blockchain.info website.
- Create a new WebSocket endpoint with your client's Ethereum address as the listener.
- Configure the channel subscription parameters (e.g. transaction type and address) in your JavaScript code.
Sample Code (JavaScript)
Transaction data received from ${address}: ${data}const WebSocket = require('ws');
const wss = new WebSocket.Server({ port: 8080 });
wss.on('connection', (ws) => {
const address = 'your_ethereum_address'; // Replace with the Ethereum address you want to listen to
ws.on('message', (data) => {
console.log(
);Error subscribing to ${subscription.channel}: ${error}// Process and display the received data in real time
});
});
// Subscribe to transaction channel
wss.on('open', () => {
const subscription = {
channel: 'tx',
address,
};
wss.subscribe(subscription, (error) => {
if (error) {
console.error(
);Subscribed to ${subscription.channel} at ${address}} else {
console.log(
);}
});
});
Bitcoin Transaction Tracking
To track all Bitcoin transactions on the network, you can subscribe to multiple channels and update your client view in real time. For example:
- Subscribe to the tx
channel for individual addresses
- Subscribe to theblock
channel for block creation events
- Subscribe to thetransaction
channel for transaction updates
Using this API, you will be able to monitor all Bitcoin transactions on the network, including new blocks, mining events, and transaction updates.
Conclusion
The API provides an exciting solution for real-time monitoring of Bitcoin transactions. By following these steps and examples, you can set up your client’s WebSocket endpoint and start receiving updates from the Bitcoin blockchain. Remember to replace the Ethereum address in the example code with your own address and configure channel subscriptions as needed. Happy monitoring!