Blockchain infrastructure designer Alchemy has launched a development kit rollup-centric innovation in the crypto ecosystem.
Alchemy’s introduction of Alchemy Rollups represents a notable step forward in the crypto ecosystem. It will offer developers a comprehensive toolkit for rollup-centric development and aim to streamline the process of developing, optimizing, launching, and growing layer-2 blockchains with a focus on scale, speed, and cost-efficiency.
According to product lead Monica Garde, Alchemy’s offering affords developers the same “battle-tested infrastructure” that powers some of the most trusted networks in decentralized finance (DeFi). “Running a node is not that difficult; the hard part is doing it reliably, and at scale,” said Garde.
Rollups, praised by Ethereum co-founder Vitalik Buterin as crucial for scaling DeFi and improving dapp efficiency, are designed to alleviate congestion on layer-1 networks. Alchemy Rollups will initially integrate with Arbitrum Orbit and Optimism Stack framewors.
Developers can either 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 over email.
You might also like: What are zk-rollups? Solving Ethereum’s scalability issue
Why Alchemy Rollups?
While Ethereum is the long-standing defi hub with over $66.9 billion in total value locked, building on Ether’s mainnet can be expensive. L2 ecosystems offer a cheaper option without abandoning security and industry trust but layer-2 networks still struggle with optimizing shared resources.
Ethereum TVL | Source: DefiLlama
Garde noted that providing innovators with the tools to build and launch their own chains unlocks monetization corridors for teams, ensuring creators have the financial runway to keep building. It also allows developers to customize decentralized solutions for 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
Read more: Ethereum’s Buterin voices caution on Layer 2 risks amid scalability push