Web3 platform Alchemy has marked its entry into the Polkadot ecosystem, announcing a critical partnership with Astar Network, a parachain of the Polkadot network. Once the deal is finalized and implemented, Astar can utilize Alchemy’s node infrastructure.
Web3 Projects On The Astar Network
According to product manager Mike Garland, integrating Alchemy and Astar will allow developers to create Web3 projects on Astar’s network through the Alchemy application programming interface (API). Alchemy is a powerful blockchain platform that could help advance decentralized application development on Astar through reliable infrastructure and developer tooling.
“Alchemy infrastructure makes it easier for developers to build any dApp with infinite scalability, consistency, and reliability. We’re thrilled to combine forces with Astar to foster the importance of building for today and tomorrow, which marks a significant milestone for both companies, and especially the community.”
Astar also offers a smart contract service that supports dApps based on WebAssembly and the Ethereum Virtual Machine. It also offers interoperability with other Polkadot parachains and hosts several dApps, including Starlay Finance, ArthSwap, AstridDAO, Sirius Finance, Algem, and Zenlink.
Reinforcing The Astar Network
The partnership also allows developers on the Astar network to access several features, including Alchemy’s flagship offering, SuperNode, to help meet infrastructure requirements. SuperNode would function as a middleware platform for decentralized applications on Astar, allowing them to stay connected and prevent downtime.
Additionally, developers will also be able to access other features such as Alchemy’s Explorer and Mempool Visualizer, which would help developers find any bugs quickly and optimize dApp performance. Alchemy SDK would allow developers to connect an application to the blockchain easily, while Alchemy Notify would provide webhook access to alert users to different events such as mined transactions, dropped transactions, and address activity. These features would make dApp development quick and easy and reinforce Astar Network’s position as the platform to build and create the future of smart contracts for multichain.
The partnership will also enable developers to participate in dApp staking, a feature that is native to Astar. The feature allows users to vote for their favorite Astar dApps using the native ASTR token and earn rewards. According to product manager Mike Garland, this feature would allow developers to build applications on the protocol.
“Built-In” Support
Alchemy underlined its enthusiasm to support Astar because it offers built-in support for developers who are looking to build on the chain, with Garland stating,
“Jumping in and helping bootstrap that ecosystem with our product as well, I think, is going to go a long way.”
CEO and Founder of Astar Networks, Sota Watanabe, also underlined the importance of the partnership to support developers and the developer ecosystem, stating,
“Supporting the developer ecosystem is Astar’s driving motivation. By partnering with Alchemy and making their blockchain engine available to Astar developers, we will bring even more innovation and growth to the builder community.”
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2022/08/alchemy-expands-into-polkadot-ecosystem-via-astar-partnership