Polkadot in the Making After Alchemy and Astar Network Join Forces.

Estimated read time 2 min read
  • Astar network collaborates with Alchemy making it the first project in the Polkadot ecosystem planned to let its users create dApps using Alchemys’ supernode APIs.
  • The supernode used by Ethereum, Polygon, Arbitrum, and Solana will now be joined by Polkadot.

Astar Network announced that it will join the Polkadot ecosystem with layer-1 blockchains such as Ethereum and Cosmos with the help of Alchemy, a blockchain development platform.

This collaboration will let developers use APIs from Alchemy making it easier for them to create decentralized applications  (dApps). Better scaling will be made possible since Alchemys’ supernode enables loading large amounts of information resulting in better data analytics.

Developers will be able to gain access to features unavailable to Polkadot. Astar’steam stated in an announcement saying;

Supporting the developer ecosystem is one of Astar’s core values and our collaboration with Alchemy will help bring even more incentives and innovation to the community,” Sota Watanabe founder and CEO of Astar Network said in a statement. “Our collaboration will provide the resources needed to grow the builder community in Web3 on Astar, Polkadot, and beyond.”

The collaboration will also take in Build2Earn. A newly launched dApp staking initiative for Astar, allows its stakers/ nominators to nominate their tokens on dApps they solely support. This means at every block a portion of the reward will go to dApp staking which is later shared among the operators and nominators. This creates a powerful will for developers to build dApps on Astar who get paid for their creation.

“The idea is about distributing basic income for developers based on their performance from the block rewards.

CMO Valeria Kholostenko of Astra told Decrypt;

It is one of the unique features that Astar offers. It is already available on mainnet and dApp developers in our ecosystem can earn tokens while making smart contracts.”

 

 

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