diff --git a/README.md b/README.md index 5b993fe..2b4bd44 100644 --- a/README.md +++ b/README.md @@ -1,8 +1,8 @@ # Blockchain Commons Spotbit -**Spotbit** is a portable Flask API for Bitcoin price data and candles. Spotbit can aggregate data from over 100 exchanges and serve them from a single url or onion hidden service. The user can curate the list of exchanges and fiat currencies that the API will store data for, and decide how much data history to keep in storage. Users may choose to run their own local service, or simply connect to another user's already running service. Spotbit can be easily used with Tor and served as a hidden service. +**Spotbit** allows a wallet or remote client to request price data privately from a server of their choice, or host their own price data server, leveraging the anti-correlation features of Tor. Each server automatically supports dozens of exchanges and can provide data more quickly and at higher rates than directly polling an exchange API due to Spotbit's use of a local database. Even if one does not host their own Spotbit node, the use of Tor V3 makes interacting with spotbit far more secure than other price data services. -**Spotbit** allows a wallet or remote client to reuqest price data from a server of their choice, or host their own server. Each server automatically supports dozens of exchanges and can provide data more quickly and at higher rates than directly polling an exchange API due to Spotbit's use of a local database. Even if one does not host their own Spotbit node, the use of Tor V3 makes interacting with spotbit far more secure than other price data services. +**Spotbit** functionally is a portable Flask API for Bitcoin price data and candles. Spotbit can aggregate data from over 100 exchanges and serve them from a single url or onion hidden service. The user can curate the list of exchanges and fiat currencies that the API will store data for, and decide how much data history to keep in storage. Users may choose to run their own local service, or simply connect to another user's already running service. Spotbit can be easily used with Tor and served as a hidden service. **Spotbit** is extremely flexible software. The user can decide which base currencies to use (USDT, USD, EUR etc), which exchanges to keep data for, and how much data to keep. Spotbit can be used as a repository of historical data that allows for more frequent API requests than exchanges, or as a simple wrapper around exchange APIs that allows the user to collect information over tor.