DeFi
Alchemy Launches One-Stop Shop for Rollup Development
Blockchain infrastructure designer Alchemy has launched an innovation focused on SDK rollup in the crypto ecosystem.
Alchemy’s introduction of Alchemy Rollups represents a notable advancement in the crypto ecosystem. It will offer developers a comprehensive toolkit for stack-centric development and aims to streamline the process of developing, optimizing, launching and growing Layer 2 blockchains with a focus on scale, speed and profitability.
According to Product Manager Monica Garde, Alchemy’s offering gives developers the same “proven infrastructure” that powers some of the most trusted networks in decentralized finance (DeFi). “Running a knot is not that difficult; the hardest part is doing it reliably and at scale,” Garde said.
Accumulationshailed by Ethereum co-founder Vitalik Buterin as key to scaling DeFi and improving dapp efficiency, are designed to reduce congestion on layer 1 networks. Alchemy Rollups will initially integrate with the Arbitrum Orbit and Optimism Stack frameworks.
Developers can leverage zero-knowledge (ZK) proofs or optimistic systems when building rollup-centric chains.
“We plan to explore ZK frameworks later in the year,” Garde told crypto.news via email.
Why alchemy rollups?
While Ethereum is the long-standing defi hub with a total value of over $66.9 billion locked, building on the Ether mainnet can be expensive. Layer 2 ecosystems offer a lower cost option without sacrificing security and industry trust, but Layer 2 networks still struggle to optimize shared resources.
Ethereum TVL | Source: DéfiLlama
Garde noted that providing innovators with the tools to create and launch their own channels opens up monetization corridors for teams, ensuring creators have a financial runway to continue building. It also allows developers to customize decentralized solutions based on product-market fit and capture value.
Today, we’re thrilled to introduce Rollups.
Scaling solutions like rollups are essential to Ethereum's success in the long run, and Alchemy provides the most-reliable, comprehensive Rollup platform for developers building at any scale.
Here’s why you should roll with us 😎 pic.twitter.com/jTEU7HEvv3
— Alchemy (@AlchemyPlatform) June 6, 2024