Blockchain

Solana teamed up with Alchemy after the 4th “failure” this year

Alchemy is bringing its blockchain node infrastructure to Solana

Solana’s network crashed 4 times this year.

According to this block explorer pages, this blockchain network has not generated a new block for 6 hours. However, this number is not precise whether Solana’s system clock is running behind the actual clock by about 2 hours, which seems to have not been fixed since it happened on May 27. Yesterday after 4.5h, the problem was fixed.

As of the time of the update, has not announced the cause of the problem.

This is the 4th time in 2022 Solana has had blockchain operations interrupted, namely from January 6 to January 12, January 21 to January 22, April 30 to May 1, and the current time. Before that, in August 2021, the world’s 9th largest cryptocurrency network also “stood still” for more than 16 hours, followed by ongoing problems in December.

Solana collaborates with Alchemy.

Alchemy, an Ethereum-based node infrastructure provider, said that it is expanding to this blockchain.

The company will allow Solana developers to expand their blockchain infrastructure requirements with this expansion. Currently, Alchemy provides a node API service for Ethereum and Polygon applications.

Popular applications like 0x, Aave, dYdX, OpenSea, and Nifty Gateway use Alchemy’s service, called Supernode, to connect to blockchains, a process known as Remote Procedure Call (RPC).

In the coming weeks, Supernode will provide Solana applications in DeFi, NFT, and wallet services with a gateway linking to clusters. It will compete with other node infrastructure players, such as QuickNode, Triton, and Syndica.

Phantom, the leading wallet based on this platform, has confirmed that it will have Alchemy integration.

“We are delighted that Alchemy will now support Solana. Their infrastructure and product suite have a proven track record of performance benefits. This will be a game-changer for Phantom and other Solana developers who choose to start using Alchemy.”

FRANCECO AGOSTI, CTO & Co-Founder of PHANTOM

Alchemy raised $200 million in February 2022 in a funding round led by Silver Lake. 

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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