The Block Crypto News22 minutes ago

Published on June 06, 2024 16:00 GMT+00:00edited on June 06, 2024 16:04 GMT+00:00

The blockchain tech firm Alchemy launched a new tool called Alchemy Rollups, the company announced Thursday. 

Alchemy Rollups let developers launch and scale their own chain, according to a release shared with The Block. The tool uses rollups, which bundle data together into a single transaction. Alchemy Rollups is available on a waitlist. 

"We’ve been watching the industry shift towards rollups over and are excited to see leaders in this space begin to operate their own chains. Our mission is to bring access to web3 to billions of users, and enabling developers to run their own chains is a critical step towards that goal," Alchemy Product Lead Monica Garde told The Block. "We’re thrilled to help developers harness the power of our entire developer platform and our …