Alchemy Partners with Optimism to Power Developer Ecosystem

Alchemy Team
June 22, 2021
Partnership

Optimistic Ethereum, one of the most highly anticipated layer 2 solutions for Ethereum, will officially be supported on the Alchemy developer platform, enabling developers around the world to reliably tap into Optimism’s scaling capabilities.

Why Optimistic Ethereum?

The Optimism team is at the forefront of building innovative technology to solve some of the greatest challenges facing blockchain developers. Today, those challenges are often the constraints and costs around gas and the speed of transactions.

As pioneers of Optimistic Rollups, the team has designed a system that enables instant transactions on Ethereum. With greater throughput, lower latency, and lower costs, their network will help Ethereum teams reach brand new scales. Even at the time of writing this post, Optimism gas costs are up to 35X cheaper than Ethereum gas costs.

The Optimistic Virtual Machine (OVM) is compatible with the Ethereum Virtual Machine (EVM), allowing 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

For these reasons, we are excited to provide access to Optimistic Ethereum for current developers in the Alchemy ecosystem and new teams that are looking for scaling solutions.

“Alchemy is a world class engineering team providing critical infra support to the Ethereum ecosystem. We’re so stoked to have their support on this insane journey to the wild west of technology.” -Jinglan Wang, CEO, Optimism

What’s next?

Once live, users will be able to create Optimism applications on Alchemy with just a few clicks, instantly unlocking Alchemy’s Supernode and the developer tools that already power the most successful projects on Ethereum today.

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

--

Ready to start building? Sign up on our waitlist and you’ll one of the first to get access!

More articles