Alchemy debuts one-stop shop for rollup development

Blockchain infrastructure designer Alchemy has launched an innovation in the crypto ecosystem centered on development kit collection.

Alchemy’s introduction of Alchemy Rollups represents a significant step forward in the crypto ecosystem. It will offer developers a comprehensive toolset for aggregate-centric development and aims to streamline the process of developing, optimizing, launching and growing layer-2 blockchains with a focus on scale, speed and cost efficiency.

Alchemy’s offering provides developers with the same “battle-tested infrastructure” that powers some of the most reliable networks in decentralized finance (DeFi), according to product lead Monica Garde. “Running a node is not that difficult; The hard part is doing this reliably and at scale,” Garde said.

Praised by Ethereum co-founder Vitalik Buterin as crucial to scaling DeFi and improving dapp efficiency, aggregations are designed to alleviate congestion on layer 1 networks. Alchemy Rollups will initially integrate with the Arbitrum Orbit and Optimism Stack frameworks.

Developers can leverage zero-knowledge (ToM) proofs or optimistic systems when building collection-centric chains.

“We plan to explore ZK frameworks later in the year,” Garde told crypto.news via email.

Why Alchemical Gatherings?

While Ethereum is a long-standing identifier with a total value locked of over $66.9 billion, developing Ether’s mainnet can be expensive. L2 ecosystems offer a cheaper option without compromising security and industry trust, but layer 2 networks still struggle to optimize shared resources.

Ethereum TVL | Source: DefiLlama

Giving innovators the tools to build and launch their own chains unlocks monetization corridors for teams and ensures creators have the financial runway to continue creating, Garde said. It also allows developers to customize decentralized solutions to fit the product market and capture value.

Today we are excited to introduce Rollups.

Scaling solutions like Rollups are crucial to Ethereum’s long-term success, and Alchemy provides the most reliable, comprehensive Rollups platform for developers of all sizes.

Here’s why you should roll with us 😎 pic.twitter.com/jTEU7HEvv3

— Alchemy (@AlchemyPlatform) June 6, 2024