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Home»Blockchain»Fantom Foundation collaborates with Sonic Labs with Alchemy
Blockchain

Fantom Foundation collaborates with Sonic Labs with Alchemy

2024-07-20No Comments2 Mins Read
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Fantom Foundation, an L1 that uses only one consensus layer, has announced a new joint initiative. According to the platform, Sonic Labs and Fantom Foundation have partnered with Alchemy, a resilient forum that improves and streamlines the creation of blockchain-based apps. The company announced this partnership on its official X account.

We’re excited to announce our partnership with @AlchemyPlatform 🎉
​
Alchemy will serve as a key launch partner for #Sonic, offering the following immediately on Opera and Sonic when it launches:
​
⚙️ Robust blockchain infrastructure and developer expertise
​
🌐 Access to… pic.twitter.com/W0ZL95f6B1

— Fantom Foundation (@FantomFDN) July 18, 2024

Fantom Foundation and Sonic Labs join forces with Alchemy

In addition, it also shared a blog post on its official website to discuss the initiative. The platform expressed its enthusiasm about this collaboration. It was mentioned that Alchemy will provide immediate RPC support as part of this effort. In addition, it also provides the main development tools to the Opera-based developers. The top company providing the Web3 infrastructure will also support Sonic at the same level.

Partnership enables more effective scaling and development of dApps

This will reportedly improve the network’s scalability and performance when it launches in the coming months. Alchemy has established a significant position in providing blockchain infrastructure and development tools. These facilities enable the developers to scale and develop dApps more effectively. Both Sonic and Opera will benefit from Alchemy’s proven infrastructure.

In this way, it will leverage Alchemy’s improvements regarding the high transfer speeds, network reliability and stability of dApps. Sam Harcourt of Sonic Labs stated that the platform wants to guarantee that they have a reliable network. The partnership with Alchemy reportedly allows Sonic Labs to ensure the combination of its cutting-edge technology and industry-leading infrastructure.

See also  Terraform Labs cites SEC's alleged misrepresentations in DEBT box case in its own bid for summary judgment



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