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Blockchain Developer Platform Alchemy Launches Public Support | Crypto News Source

Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup Starknet

Alchemy, which provides tools for software developers to build apps for blockchains, released a public version of its platform for Starknet – seen as a project to watch because of the combination of two hot technologies, zero-knowledge cryptography and account abstraction. Although Alchemy's dapp store lists 39 blockchains, the company said that the Starknet integration is key because of its “fast-growing developer community”.

Starknet is a ZK rollup, which scales a main blockchain by bundling transactions and processing them for faster and cheaper on a separate one. ZK Rollups use some cryptography known as “zero-knowledge proofs,” to ensure that a transaction is valid by only showing a small amount of information about that transaction before posting it back to the main blockchain (in this case Ethereum.) “Developers can incorporate customizable account permissions, build in safeguards to run at the wallet level, and create simple transaction flows. This empowers developers to build for a world where end users and businesses are always represented by a smart-contract wallet.”

Source

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