How using Alchemy tools can enhance your Web3 journey

As an engineer in the Web3 space, you are going to come across several tools to further smoothen your development process.

Amongst the countless of tools you are going to use through out your career, Alchemy is one you should definitely learn more about.

In this article, we'll take a deeper dive about what Alchemy is, and the tools you can make use of.

What is Alchemy?

Alchemy offers one of the biggest library of tools for Web3 developers all over the world. Offering a massive set of APIs for creating several different types of Web3 products for over 190 countries.

Alchemy introduces several core products that all serve several different purposes for different parts of Web3 development, most especially facilitating the rapid rise of dApps in the Web3 industry.

With the amount of users it currently manages, and over 100 billion in digital assets, it is mostly dubbed as the AWS of the Web3 industry, and 10 billion in overall market valuation.

Now that we know how much of a big deal Alchemy is, let's discuss the core products and more importantly how you can utilize it to enhance your Web3 journey.

Alchemy core products

Alchemy has several products that makes Web3 development a breeze, this includes Alchemy supernode, Alchemy build, Alchemy monitor, Alchemy notify, and Alchemy Transact.

Let's break each and every one of these down, give you a better understanding of each product and how knowing about them can help you build better.

Alchemy Supernode

Supernode is an Ethereum API that has all of the existing functionalities of a node but with supercharged reliability and scalability.

When it comes to traditional web, the approach to scaling is quite exhausting and frankly; hard. Scaling infrastructure uses multiple different servers managed by what we call a load balancer.

Blockchain applications are incapable of treating nodes indistinguishably because each node stores data from the Blockchain asynchronously.

With supernode new architecture, infrastructure for decentralized applications are more correct when it comes to data that each node carries. Supernode also ensures that each piece of node functionality are powered with a dedicated and distributed system.

Which means? It's more scalable.

Alchemy Build

When it comes to debugging in the Web3 space, there's practically no tools that offers easy debugging process, which means a developer would have to go through the process manually.

Alchemy build offers a no-configuration suite of developer tools that essentially allows you to prototype, debug and ship Web3 products faster.

With Alchemy build you can easily navigate bugs in your code; you also get clear and human readable activity update about your product, and ofcourse prototype with immediate UI feedback.

Alchemy Monitor

Now that we have some of the most important tools in place for your decentralized app, it wouldn't be so bad if there was a dashboard to monitor all moving parts of your app.

Alchemy Monitor is basically a suite of dashboards that helps keep an eye on apps health performance, and user behavior. It provides you with data insights that you can factor in to make changes, updates and more informed decision.

There are multiple advantages of having a suite of dashboards that provides valuable insights on the current state of your app, primarily making informed decisions and preventing issues even before the arise.

Traditional analytical tools isn't quite built to the Web3 standards and there are information that simply will not be displayed since tools like that aren't tailored for Web3 apps.

Alchemy Notify

Notification are part of good UX, and that's what Notify aims to do, by using timely notification to increase user engagement.

Most decentralized apps will require extra resources and even more development time to fully integrate a timely notification feature. Alchemy Notify cutes the dev time and offered easy integration to your apps so your application's engagement will improve.

Alchemy Transact

Perhaps one of the most common feature in the Web3 ecosystem is carrying out transactions.

Typical to the Web3 ecosystem, transactions are extremely slow and not reliable. Some transactions can fail and there would be no way of retrieving information or funds, some transactions need constant refreshing before an update is given.

Alchemy Transact offers a solution that eliminates all of those transaction hassle, by optimizing and providing clarity, simplicity and reliability when it comes to Web3 transactions. With features like gas optimized transactions coming in the future, Alchemy Transact is providing a 100% success rate compared to the 43% industry standard.

How can these tools help?

At some point in your Web3 journey there are tools that you need to know exist that can essentially make your work easier. Alchemy suite of tools provide you with improved user experience, scalability, and a solution to transaction uncertainty, amongst others.

Familiarizing yourself with the tools means you get a headstart in making your Web3 product the best there is out there.

There are more Alchemy resources out there that provide more in depth tutorials on how you can make use of the tools, the tutorial on alchemy docs is a great place to start!

You can find me on Twitter, if you have any questions! Let's continue building.

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Written by

Oluwatise Okuwobi
Oluwatise Okuwobi

Technical Writer