Ethereum token browser Ethplorer launches Bulk API Monitor, the industry’s first developer tool capable of tracking millions of addresses

Ethereum token browser Ethplorer launches Bulk API Monitor, the industry’s first developer tool capable of tracking millions of addresses

Ethereum token browser Ethplorer launches Bulk API Monitor, the industry’s first developer tool capable of tracking millions of addresses

SINGAPORE, November 25, 2020 (GLOBE NEWSWIRE) – Ethplorer is a well-known provider of free Ethereum token analysis and is used by cryptocurrency investors, traders and developers around the world. Its new developer tool Bulk API Monitor takes blockchain development to a new level, allowing users to track an unlimited number of addresses and token wallets, something that smaller cryptocurrency exchanges, wallets and brokers have struggled with. long.

Why introduce the bulk API?

Existing Ethereum API providers do not offer an efficient way to monitor a large number of addresses. They involve continuously sending requests to all addresses on the list, which could mean thousands or hundreds of thousands of calls, almost all returning blank responses. This is a major challenge for active cryptocurrency exchanges, wallets or exchanges that need to monitor thousands of addresses and hundreds of tokens.

In response to the demand for larger crypto projects, Ethplorer has released a brand new product: Bulk API Monitor.

Unlimited addresses and ready-to-use answers

The Bulk API monitoring is designed to track transactions and balances for an unlimited number of token addresses and contracts, up to thousands, hundreds of thousands or even millions. The service generated a lot of interest during the testing phase and is already being used as the basis for Ethplorer’s popular Watching Service.

The monitor is designed for cryptocurrencies, exchanges, small and medium sized trading platforms, wallet trackers, token sales projects and so on. Once all the required addresses have been added to a tracking list, the service monitors all their transactions on the Ethereum blockchain in real time to check for new address-related activity. The whole process runs at high speed and without any unnecessary overhead.

Specifically, with Bulk API Monitor, developers can:

– Track all ERC20 or ETH transactions for selected addresses: Bulk API will return your transactions, amounts, and even wallet balances, so you don’t need to make additional API calls to get them.

– Track all transactions with specific ERC20 tokens for all addresses: Whenever someone on the Ethereum network receives one of the selected tokens – be it USDT, COMP, LINK, etc. – the monitor will return information about the transaction.

Customers can then easily filter and export Bulk API Monitor results, depending on their needs. For example, you can analyze the flow of cryptocurrency to an exchange to predict price movements, monitor whale activity, and so on.

Thanks to the tool’s flexible range of premium pricing plans, crypto projects can take their development power to a new level with Bulk API Monitor. Subscription costs range from $ 0 to $ 699 per month, depending on the number of addresses to monitor and their level of activity. For many smaller services, the free starter plan is likely to be sufficient, while large projects may appreciate the ability to monitor the entire blockchain for a fixed monthly fee.

Of Ethplorer

Ethplorer is an Ethereum token browser that allows users to track wallets, transactions, and wallet balances for any ERC20 token. It is used by dozens of major blockchain projects, including MEW, MyCrypto, STORJ, CoinTracking, AmbiSafe, Status, and Coinbooks.

Bulk API Monitor by Ethplorer is the first solution specifically designed to monitor a large number of Ethereum addresses and tokens. It provides exchanges, wallets and other crypto projects with a faster, more efficient and more reliable alternative to regular APIs.

For more information, see the Bulk API Monitor Documentation Page. For more information on Ethplorer or to check out an ERC20 token transaction, please visit https://ethplorer.io/.

Contact with the media

Company: Ethplorer

Alexi Lane

Email: [email protected]

Website: https://ethplorer.io/

Phone: +44 (0) 20 8133 1735

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/24ea825c-e535-42d7-b08a-c6f7c1c8d6d4