1bfb2306 As you're looking to monitor all transactions on the Bitcoin network, you've stumbled upon a promising solution. The provided URL ` is indeed a valid API endpoint that allows you to subscribe to real-time updates from the Bitcoin blockchain.
In this article, we'll break down what this API offers and how you can use it to monitor all transactions on the Bitcoin network.
Subscribe to transaction updates: By subscribing to specific channels (e.g., `tx`, `block`, or `transaction`) and adding your client's Ethereum address as a listener, you'll receive updates when new transactions are broadcast or mined.
Monitor addresses and their corresponding transaction history: You can subscribe to channels for individual addresses and receive real-time updates on their transaction history, including the time of each transaction and its value
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 required permissions to access the Bitcoin blockchain data.
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

What can I do with this API?
The ` API provides a WebSocket endpoint that enables real-time streaming of data from the Bitcoin blockchain. With this API, you can:Prerequisites
Before diving into this API, ensure that:Setting up the API connection
To use the ` API, you'll need to:Sample Code (JavaScript)
< pre> javascript
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 for
ws.on('message', (data) => {
console.log(`Received transaction data from ${address}: ${data}`);
// Process and display the received data in real-time
});
});
// Subscribe to transactions channel
wss.on('open', () => {
const subscription = {
channel: 'tx',
address,
};
wss.subscribe(subscription, (err) => {
if ( error ) {
console.error(`Error subscribing to ${subscription.channel}: ${error}`);
} else {
console.log(`Subscribed to ${subscription.channel} at ${address}`);
} }
});
});