Blockchain
Alchemy, which provides tools for software developers to build apps for blockchains, has released a public version of its platform for StarkNet – seen as a project to watch due to the combination of two hot technologies, zero-knowledge cryptography and account abstraction.
While the new offering represents just one of 39 blockchains that Alchemy supports, the company said the StarkNet integration is key because of the “fast-growing developer community” and the project’s “pioneering approach to zero-knowledge rollups.”
StarkNet is a ZK package, which scales a main blockchain by bundling transactions and processing them 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 showing only a small amount of information about that transaction before being posted back to the main blockchain (Ethereum in this case) .
StarkNet also has native account abstraction, allowing users to access blockchains through smart-contract wallets, making the experience easier.
StarkNet’s integration into Alchemy’s suite could be a sign of developers’ demand to build more with account abstraction.
“Native AA unlocks a ton of flexibility and room for innovation for wallet UX,” Alex Miao, a software engineer at Alchemy, told CoinDesk in an email. (“UX” is short for user interface.) “Developers can build in customizable account permissions, build in protections to work at the wallet level, and create simple transactional flows. This empowers developers to build a world where end users and businesses are always represented by a smart contract wallet.”
Read more: Ethereum upgrade can make it more difficult to lose all your crypto
