Coder Social home page Coder Social logo

diadata's Introduction

DIA: Technical Introduction

Welcome to the DIAdata.org platform. DIA is an ecosystem for open financial data in a financial smart contract ecosystem. The target of DIA is to bring together data analysts, data providers and data users. In general, DIA provides a reliable and verifiable bridge between off-chain data from various sources and on-chain smart contracts that can be used to build a variety of financial dApps. DIA Overview

Decentralized Financial Data

All DIA data points can be used in Ethereum Smart Contracts. We provide oracle solutions to use this financial information in any smart contract. The correctness of oracle data can always be verified by monitoring our off-chain real-time API and the data published in the oracle.

Methodology Documentation

Currently, DIA collects several classes of data. Separate documentation exists for each of these different use cases.

  • Exchange Scrapers are the components that get trade data from various exchanges and use these trades to construct average prices.
  • Supply Scrapers are used to determine circulating supply numbers for cryptocurrency assets.
  • Oracles show how our oracles can be accessed. This information varies for each currency and is highly specific.

Coinhub Oracles

The Coinhub oracles are located in a single smart contract. This smart contract holds mappings from an index to an asset's name, its price, and supply data. By using getParameters(asset_index) it is possible to retrieve this data. Along with the actual data there is a metadata field for the timestamp of the last update.

Updates are supplied by the DIA Oracle service that periodically supplies updates into the smart contract. In the event view, the latest updates can be seen. The event fields show the values in the following locations:

  • Price in Cent is in the second field (display as number)
  • Supply is in the third field (display as number)
  • UNIX Timestamp of last update is displayed in the fourth field (display as number)
  • Name is displayed in the sixth and last field (display as text).

API Access

You can find documnentation for our live API on our swagger site. Several endpoints exist that show the different kind of data we collect:

When referencing currencies, {TLA} has to be replaced by the acronym for an asset (e.g., BTC for Bitcoin).

Currently, DIA collects data from several crypto exchanges. To get an overview, the latest information about these exchanges can be found in this table:

Name Number of Pairs API link
Binance 47 Binance API Documentation
Bitfinex 25 Bitfinex Websocket Documentation
Coinbase 3 Coinbase v2 API
GateIO 42 Gate.io API Documentation
HitBTC 43 HitBTC API Browser
Huobi 40 Huobi API Documentation
Kraken 8 Kraken Public API Documentation
LBank 20 LBank API Documentation (Chinese)
OKEx 27 OKEx API Documentation (Chinese)
Simex 14 Simex API Documentation
ZB.com 127 Zb.com API Documentation (Chinese)

Here you can find the introduction to the structure of the system and first steps to contribute.

DIA Technical Structure

DIA is setup as a hybrid system with off-chain components for storing and proceccing large amounts of data and on-chain components providing data sources for financial smart contracts. Currently, Ethereum is used as smart contract plaform because of its widespread use and technical quality, but the DIA system is not limited to one blockchain technology.

Centralized Backend

For collecting financial data, we use a centralized backend that runs collectors for all kinds of financial data. All collected data is processed by a database setup consisting of a stream-oriented kafka instance and a key-value store for faster access of certain intermediate results. These collectors are separated in different classes:

  • Exchange Scrapers: These collect data from exchanges for cryptocurrencies and other assets (like stocks, futures, and rare earth metals). Every exchange scraper is run independently and is structured around the idea of pairs that are used to indicate the pair of assets that is used in a trade. For example, a trade from Bitcoin to US-Dollar is stored under BTCUSD.
  • Blockchain Scrapers: These scrapers are used to determine attributes of blockchains. The most prominent attribute is the circulating supply of a cryptocurrency, for which various scrapers already exist. Depending on the expected update rate of a blockchain, these scrapers update the backend periodically about their data. Blockchain scrapers are run as docker containers that can be managed independently. Often, these collect Gigabytes of data over time (they are dealing with ever-growing blockchains) and thus should be managed in a separate way not directly baked in the database executable.
  • Quotation Scrapers: They are used to collect official quotations from central trusted providers. The first quotations in our database are daily exchange rates from the European Central Bank (ECB) against various international currencies.

How to contribute

DIA is open for anyone to contribute and we always welcome pull requests. We also provide tasks on Gitcoin, a collaboration tool focused on cryptocurrency projects.

Alpha Version - dApp Registry

diadata's People

Contributors

kaythxbye avatar frranck avatar mul1sh avatar diamw avatar mestorlx avatar michuadam avatar pumpkingwok avatar miguelpires avatar raimondskazuss avatar eristoddle avatar montanaflynn avatar paddymc avatar sajal avatar bounty-js avatar

Watchers

 avatar

Recommend Projects

  • React photo React

    A declarative, efficient, and flexible JavaScript library for building user interfaces.

  • Vue.js photo Vue.js

    ๐Ÿ–– Vue.js is a progressive, incrementally-adoptable JavaScript framework for building UI on the web.

  • Typescript photo Typescript

    TypeScript is a superset of JavaScript that compiles to clean JavaScript output.

  • TensorFlow photo TensorFlow

    An Open Source Machine Learning Framework for Everyone

  • Django photo Django

    The Web framework for perfectionists with deadlines.

  • D3 photo D3

    Bring data to life with SVG, Canvas and HTML. ๐Ÿ“Š๐Ÿ“ˆ๐ŸŽ‰

Recommend Topics

  • javascript

    JavaScript (JS) is a lightweight interpreted programming language with first-class functions.

  • web

    Some thing interesting about web. New door for the world.

  • server

    A server is a program made to process requests and deliver data to clients.

  • Machine learning

    Machine learning is a way of modeling and interpreting data that allows a piece of software to respond intelligently.

  • Game

    Some thing interesting about game, make everyone happy.

Recommend Org

  • Facebook photo Facebook

    We are working to build community through open source technology. NB: members must have two-factor auth.

  • Microsoft photo Microsoft

    Open source projects and samples from Microsoft.

  • Google photo Google

    Google โค๏ธ Open Source for everyone.

  • D3 photo D3

    Data-Driven Documents codes.