• bitcoinBitcoin(BTC)$23,913.003.68%
  • ethereumEthereum(ETH)$1,832.728.27%
  • tetherTether(USDT)$1.000.09%
  • binancecoinBNB(BNB)$331.903.59%
  • rippleXRP(XRP)$0.3786983.60%
  • cardanoCardano(ADA)$0.535.47%
  • polkadotPolkadot(DOT)$9.599.23%
  • litecoinLitecoin(LTC)$61.814.71%
  • UniswapUniswap(UNI)$9.1510.05%
  • Home
  • Coins
    • Bitcoin
    • Ethereum
  • Blockchain
  • Regulation
  • Mining
  • Guides
What's Hot

Tether Formally Supports Ethereum’s Merge

August 10, 2022

Nvidia ups its metaverse bet with new developer tools

August 10, 2022

Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses

August 10, 2022
Facebook Twitter Instagram
Facebook
Cryptovot Cryptovot
  • Home
  • Coins
    • Bitcoin
    • Ethereum
  • Blockchain
  • Regulation
  • Mining
  • Guides
Cryptovot Cryptovot
Home»Coins»Blockchain dev suite Alchemy adds support for Polkadot hub Astar
Coins

Blockchain dev suite Alchemy adds support for Polkadot hub Astar

CryptoNewsBy CryptoNewsAugust 5, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

Alchemy, a blockchain development platform, announced it now supports Polkadot parachain Astar Network, delivering developers more tools and services to build on the multi-chain smart contract hub.

“Supporting the developer ecosystem is Astar’s driving motivation. By partnering with Alchemy and making their blockchain engine available to Astar developers, we will bring even more innovation and growth to the builder community.”
– Sota Watanabe, Founder & CEO, Astar Network

EVM Compatibility + WASM Functionality

Astar is built on Parity Substrate, a framework that facilitates easy custom blockchain development. Substrate offers Astar built-in security benefits while it enables the Polkadot ecosystem to connect to all major layer-1 blockchains, including Ethereum, Acala, and soon Cosmos.

By bridging the Polkadot and EVM webs, Astar fosters shared security, interoperability, and cross-consensus messaging (XCM), expanding the benefits past cross-chain asset transfers.

It is through these advantages, Astar aims to become a hub of inventive and interoperable dApp projects, written in various languages.

Beyond EVM compatibility, Astar is looking to the future with WASM. Often dubbed Ethereum 2.0, WASM, (short for WebAssembly), is a binary instruction format for a stack-based virtual machine, that supports the benefits of EVM while providing enhanced speed and interoperability.

Astar’s support for both EVM and WASM also means developers can build on either Solidity or Rust.

dApp Staking Initiative

Noteworthy, Astar’s dApp staking initiative allows developers to get paid for the code that they write. Astar token holders can stake their tokens to nominate dApps, as long as a developer’s dApp has been nominated, the developer can earn a basic income, boosting the incentive to keep building.

Developers on Astar now have access to Alchemy products, which include:

  • Alchemy Supernode: a blockchain engine that ensures infinite scalability, the strongest web3 reliability, and 100% data accuracy. Alchemy Supernode means developers never have to spend time managing their blockchain connection.
  • Alchemy SDK: the easiest way to connect a dApp to the blockchain, with just two lines of code.
  • Alchemy Notify: provides webhook access to alert users about every type of event, including address activity, mined transactions, and dropped transactions.
  • Developer Tools: including WebSockets, usage analytics, composer, explorer, and mempool visualizer, which makes it simple to subscribe to events, monitor app health, explore new methods, optimize performance, and view the real-time state of transactions.

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleBitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook
Next Article Voyager Digital Receives Court Approval To Return $270 Million Worth Of Funds To Its Customers
CryptoNews
  • Website

Related Posts

Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses

August 10, 2022

Magic Eden Proposes to Build “ApeCoinDAO,” An NFT Marketplace Catering To ApeCoin Holders

August 10, 2022

Troll Sends Celebs ETH From Tornado Cash

August 10, 2022

Bitcoin Reaches $24K for First Time in August;  Ethereum undergoes The Merge

August 9, 2022

Leave A Reply Cancel Reply

Recent Posts

  • Tether Formally Supports Ethereum’s Merge
  • Nvidia ups its metaverse bet with new developer tools
  • Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses
  • Magic Eden Proposes to Build “ApeCoinDAO,” An NFT Marketplace Catering To ApeCoin Holders
  • Troll Sends Celebs ETH From Tornado Cash
Don't Miss
Regulation

Tether Formally Supports Ethereum’s Merge

By CryptoNewsAugust 10, 20220

Tether formally supports Ethereum’s Merge according to a recent announcement. Stablecoin juggernaut Tether has now…

Nvidia ups its metaverse bet with new developer tools

August 10, 2022

Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses

August 10, 2022

Magic Eden Proposes to Build “ApeCoinDAO,” An NFT Marketplace Catering To ApeCoin Holders

August 10, 2022
About Us
About Us

CryptoVot is a Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi and digital finance news with analysis, pictures, video and live price updates.

Check out our other website:
Newsvot.com
Funnyvot.com
Healthvot.com
Gamesvot.com
Contact us: contact@vot.media

Facebook
  • Home
  • PRIVACY POLICY & CCPA
  • Do not sell my personal information
  • Opt out / Unsubscribe
© 2022 VotMedia

Type above and press Enter to search. Press Esc to cancel.