Bitcoin is growing in notoriety around the world, as more people become aware 
of the cryptocurrency and the vast community that’s mining and trading 
the virtual coins on a daily basis.
Until now, it’s been quite hard to comprehend how fast it’s been adopted by the international community. Mike van Rossum, a student in Amsterdam who also works at Mobypicture, has created a site that shows every Bitcoin transaction and newly minted “block” in real-time.
It was built using the WebGL Globe,
 which van Rossum then altered so that it would rotate and zoom-in 
automatically as new blocks are created in different countries. The 
Bitcoin data was is sourced from blockchain.info, although its creator admitted it wouldn’t be too difficult to gather this information directly from the Bitcoin network.
The process of mining and transferring Bitcoins
 is represented across the virtual globe using the participant’s IP 
address, which van Rossum was able to convert into basic geo coordinates
 using an open source project stored on GitHub.
The result? A virtual representation of Earth that spins back and forth in real-time, displaying a series of orange
 squares that change in size depending on the number of Bitcoins that 
have been traded. Every ten minutes, Bitcoin transactions are then 
grouped together into a block, represented by a yellow square, which forms part of the block chain.
Using the tables in the top left and right-hand corners of the page, 
it’s possible to keep track of the most recent transactions and blocks, 
as well as when the next block is expected to be produced.
The site has its flaws – at maximum speed, the globe will only move 
every 0.3 seconds to show a new transaction. If something new occurs 
within that timeframe, the globe will skip it to avoid sudden movements 
that make the site look buggy. Less than 1 percent of blocks and 
transactions are missed this way though, according to van Rossum.
Nevertheless, it’s a mesmerizing site that we would happily watch for
 hours on end. Bitcoin is phenomenon and this site highlights the reach 
it has globally. It’s also interesting to see where the majority of 
blocks and transactions take place in different time zones throughout 
the day. Top work, van Rossum.
➤ http://blocks.wizb.it/
Tuesday, February 4, 2014
This virtual globe shows (almost) every Bitcoin transaction and freshly minted block in real-time
 Tuesday, February 04, 2014
Tuesday, February 04, 2014
 Unknown
Unknown
 


0 comments:
Post a Comment