Bitcoin
$64,505.55+1.71%
Ethereum
$3,104.43+1.29%
Binance Coin
$562.51+1.91%
Solana
$145.64+3.40%
XRP
$0.51008518+1.61%
Dogecoin
$0.15640061+2.33%
Toncoin
$6.22-4.35%
Cardano
$0.47461731+4.00%
Shiba Inu
$0.00002308+1.17%
Avalanche
$35.43+1.43%
Wrapped Bitcoin
$64,662.61+1.83%
Tron
$0.11072778+1.21%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Consensus 2024Price Increase Extension Ends In
00
DAYS
21
HR
37
MIN
38
SEC
Finance

Alchemy Launches Product to Help Developers Monitor Blockchain Apps

Launched Thursday, Alchemy Monitor has already been put to use by crypto firms 0x, MyEtherWallet, Lucid Sight and Zerion.

By Jaspreet Kalra
AccessTimeIconJul 16, 2020 at 7:02 p.m. UTC
Updated May 9, 2023 at 3:10 a.m. UTC
Alchemy CEO Nikil Viswanathan (Pantera Summit 2019)
Alchemy CEO Nikil Viswanathan (Pantera Summit 2019)
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Blockchain infrastructure firm Alchemy announced the launch of its Alchemy Monitor product on Thursday.

In an email to CoinDesk, the firm said the tool would help blockchain developers easily access information associated with user behavior and app performance.

VolumeMuteUnmute

World Chain Is a Blockchain 'Designed for Humans': Tools for Humanity Exec

  • Why Worldcoin Is Launching a Layer 2
    20:07
    Why Worldcoin Is Launching a Layer 2
  • Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak
    02:17
    Polymarket Traders Bet on Fed Rate Cuts; Bitcoin Spot ETFs Register Five-Day Withdrawals Streak
  • Base Monthly Active Addresses Increased by 160% in March: Nansen
    00:50
    Base Monthly Active Addresses Increased by 160% in March: Nansen
  • Bitcoin Halving: We Answer Your Questions
    04:16
    Bitcoin Halving: We Answer Your Questions
    • Alchemy Monitor is already being used by crypto firms including 0x, MyEtherWallet, Lucid Sight and Zerion, according to Alchemy.
    • “Developers are used to this kind of tooling in the Web2 world (think New Relic) but are left to fend for themselves in Web3,” Alchemy software engineer Mike Garland said in an email. There aren’t really any alternatives for the firm’s product in the current market, he said, “which is why a product like this is so crucial to the success of the industry.”
    • According to Alex Bashlykov, CTO of Zerion, a fintech firm based in Moscow, Alchemy’s product has helped better identify errors on the Zerion platform and has provided “new insights into the health and performance” of its products.
    • Last month, Alchemy also announced the launch of a notification system for blockchain developers that provides push alerts for transactions and events on the blockchain. 

    Read more: Alchemy Notify Wants to Simplify Blockchain UX With a Single Push

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.