Back to the list

Blockchain dev platform Alchemy adds support for layer-2 scaling solution Optimistic Ethereum

www.cryptoninjas.net 23 June 2021 07:10, UTC
Reading time: ~2 m

Alchemy, a blockchain development platform, today announced that Optimistic Ethereum, one of the most highly anticipated layer-2 solutions for Ethereum, will officially be supported on the platform. This will enable developers to dependably leverage Optimism’s scaling capabilities.

Optimistic Ethereum

The Optimism team, as pioneers of Optimistic Rollups, designed a system that enables instant transactions on Ethereum. With higher throughput, lower latency, and lower costs; their network will help Ethereum teams reach a new scale. Besides, Optimism gas costs are up to 35x cheaper than Ethereum’s.

Optimistic Virtual Machine (OVM) is compatible with the Ethereum Virtual Machine (EVM); which allows Ethereum developers to migrate existing smart contracts without breaking them.

“Optimistic Ethereum is poised to have a massive impact on the blockchain world with transformational tech, and has a talented team making it a reality. We’re excited to help power the ecosystem’s growth.”
– Nikil Viswanathan, CEO, Alchemy

Once live, users will be able to create an Optimism-powered app on Alchemy in just a few clicks. Furthermore, devs will instantly unlock Alchemy’s Supernode and developer tools that power some of the most successful projects on Ethereum today.

“Alchemy is a world class engineering team providing critical infra support to the Ethereum ecosystem.”
– Jinglan Wang, CEO, Optimism

The Optimism team continues to roll out their product on testnet and mainnet. However, users can sign up now for the waitlist for early access opportunities.

Back to the list

Similar news
Suggest news