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Fantom Foundation Along with Sonic Labs Collaborate with Alchemy

source-logo  blockchainreporter.net 19 July 2024 03:05, UTC

Fantom Foundation, an L1 using just one consensus layer, has announced a new joint initiative. As per the platform, Sonic Labs and Fantom Foundation are collaborating with Alchemy, a resilient forum that improves and streamlines the creation of blockchain-based apps. The company disclosed this partnership on its official X account.

We're excited to announce our partnership with @AlchemyPlatform 🎉

Alchemy will serve as a key launch partner for #Sonic and offers the following on Opera immediately and Sonic when it launches:

⚙️ Robust blockchain infrastructure and expertise for developers

🌐 Access to… pic.twitter.com/W0ZL95f6B1

— Fantom Foundation (@FantomFDN) July 18, 2024

Fantom Foundation as well as Sonic Labs Join Forces with Alchemy

Additionally, it also shared a blog post on its official Website to discuss the initiative. The platform expressed its enthusiasm about this collaboration. It mentioned that Alchemy is instantly offering RPC support as a part of this endeavor. In addition to this, it also offers the chief development instruments to the Opera-based developers. The top Web3 infrastructure-providing firm will also back Sonic at the same level.

Partnership Enables More Effective Scaling and Development of dApps

This will reportedly improve the scalability and performance of the network at the launch in the next months. Alchemy has obtained a significant position in the case of delivering blockchain infrastructure as well as development instruments. These facilities permit the developers to scale and develop dApps more effectively. Both Sonic and Opera will benefit from the proven infrastructure of Alchemy.

In this way, it will leverage Alchemy’s improvements concerning the rapid transfer speeds, network reliability, and stability of dApps. Sonic Labs’ Sam Harcourt stated that the platform intends to guarantee they possess a dependable network. The collaboration with Alchemy reportedly enables Sonic Labs to guarantee the combination of its cutting-edge technology and industry-leading infrastructure.

blockchainreporter.net