Alchemy Aims to Transform Blockchain Development with New Build Tools
Some blockchain companies provide significant bug bounties to white hat hackers who seek flaws and escapades in their code; some postpone launches for months as their developers track down possible attack vectors and frailties. And in the prospect, some will use Alchemy Build — a suite of developer tools meant to take some of the money, time, and uncertainty out of developing blockchain applications.
“For the Ethereum ecosystem to thrive, developers need to spend less time fixing the same issues repeatedly and more time building products that provide value to end-users. Alchemy Build enables hundreds of teams to focus on building great blockchain products, helping push the ecosystem months or years ahead,” Joey Krug, co-founder of Augur and co-CIO of Pantera Capital said in a statement.
Ethereum goes further mainstream.
Mike Garland, Product Lead at Alchemy, explained the recent situation as a “frustrating process full of complicated investigations and tribal knowledge.” He told that when it comes to debugging on Ethereum, “whether it’s a nonce issue, Solidity bug, or otherwise — these kinds of bad experiences with debugging can exclude great developers from adopting new technologies, so we’re hoping to help fix them with Alchemy Build.”
Shipping products, not just ideas
Because the Alchemy team predicts that 70% of the top blockchain apps are utilizing their developer tools, this could symbolize a major step forward in both quality and time-to-market for application developers. The Build suite of tools is claimed to need “no code, no configuration” and “it works out of the box,” according to an Alchemy spokesperson.
The tools involve Explorer, which recognizes bugs and optimization opportunities by searching via historical requests; Mempool Visualizer enables the developer to view the status of live transaction on-chain; Composer, for prototyping and modeling; and Debug Toolkit, which incorporates a real-time query visualizer. At ShapeShift, Head of Research and Development, Kent Barton said in a statement, “As we roll out Microtick, a new product on our own blockchain, it’s crucial that our attention is focused on the right areas. Alchemy Build helps us maintain that focus, thanks to extensive tooling that takes the hassle and guesswork out of crafting Web3 infrastructure.”
Alchemy’s blockchain developer platform is recently employed by a wide variety of crypto-native applications, including Binance Wallet, CryptoKitties, Gods Unchained, OpenSea, and the Opera browser; and DeFi players like Kyber, Maker, and 0x. Its team has been sourced from tech-industry Goliaths like Facebook, Google, and Microsoft, as well as academia, including MIT and Stanford.