Alchemy Profile picture
Jan 17, 2023 8 tweets 6 min read Read on X
Over the last 3 months, we analyzed 10M+ data points across chains, dapps and code repos.

As with every quarter, we’ve summarized everything you need to know about the state of web3 development! 📈

Here’s our Q4 2022 report:

🧵👇 Image
1/ TL;DR

😖 ETH assets held in CEXs were down 29% Q/Q
😁 Smart contracts deployed were up 453% Q/Q

That’s not a typo.

Despite consumer trust in crypto crumbling, Q4 2022 dev activity reached new heights!

REPORT: alchemy.com/blog/web3-deve… Image
2/ Leading indicators pointed to… probably nothing 😉

⬆️ 16% Q/Q: Core Ethereum dev tool installs/week

⬆️ 187% Q/Q: Goerli testnet smart contracts
3/ And our own platform data backed it up:

🚀 Active devs rocketed, despite ETH price falling

🫶 94% devs say they’re committed to building in web3

✍️ 100K+ applied to build skills in Alchemy University Image
4/ Plus, teams building on L2s and chains at least tripled ⚡️

@arbitrum: ⬆️ 718%

@optimismFND: ⬆️ 1,000%+

@0xPolygon: ⬆️ 389%

@solana: ⬆️ 1,000%+ Image
5/ All contributing to a growing ecosystem (with a new hub - Alchemy Dapp Store!)

The one-stop-shop now features 1,300+ web3 projects, including:

@0xProject, @opensea, @phantom, @AaveAave, @chainlink, @Uniswap, @developer_dao and more! Image
6/ Dapps to the moon

@DappRadar shows total dapps deployed were up 32% Q/Q 🚀

With web3 social solutions like @LensProtocol and @farcaster_xyz flying! Image
7/ Get the full picture!

For all the alpha and detailed data, check out the report 👇

alchemy.com/blog/web3-deve…

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More from @Alchemy

Oct 23, 2024
Looking to drive mainstream adoption for your app?

⛓️ These chains are dedicated to helping you bring the world onchain with Account Kit.

👇Let’s hear from a couple…
📈@arbitrum is ushering in the next generation of social apps

"We’re excited to work with Alchemy to help builders in the Arbitrum ecosystem onboard the next million users!"

With Account Kit we anticipate builders will create apps that can both scale and feel seamless to the end user, ushering in the next generation of social apps."Image
@Shape_L2 is the home for the next trillion digital objects

“Shape, the chain for creators, is a culture-first network. An open space where everyone can create whatever they want.

The network is home for the next trillion digital objects & all projects built on it can claim Gasback: 80% of sequencer fees are given back to contract owners!”Image
Read 4 tweets
Jun 6, 2024
Today, we’re thrilled to introduce Rollups.

Scaling solutions like rollups are essential to Ethereum's success in the long run, and Alchemy provides the most-reliable, comprehensive Rollup platform for developers building at any scale.

Here’s why you should roll with us 😎 Image
Alchemy Rollups is more than just a sequencer and a testnet.

In addition, devs get benefits that only we can offer:

✅ Trusted infra that powers billions of transactions

✅ An ‘everything platform’ with all the dev tools you need

✅ Instant distribution to millions of devs Image
To provide the best developer experience, we're partnering with:

@Arbitrum Orbit to enable scale at high throughput

@Optimism OP Stack to support Superchain devs

@CelestiaOrg for permissionless, high-throughput DA Image
Read 4 tweets
Dec 13, 2023
Today, we’re adding the "aa-signers" SDK to Account Kit 💼

With this new package, integrating smart accounts in your app has never been easier👇

🔗🛠️ accountkit.alchemy.com/packages/aa-si…
Image
Signers enable you to secure your accounts with measures like email and social login, passkeys, or a self-custodial wallet.

Until today, if you utilized Account Kit, it was up to you to specify how you wanted to implement signers within your application. 🤔
❓What the aa-signers SDK does:

➡️ aa-signers is a new TypeScript SDK that enables you integrate a signer with a simplified developer experience.

The information you need is available directly in the aa-sdk codebase.
Read 10 tweets
Dec 7, 2023
Community Subgraphs are here!

Query data from commonly used subgraphs or popular protocols

All without ever having to create your own Subgraph

Your ticket to instant, simplified data access Image
2/
Often, you may want to access subgraph data that’s not your own

Maybe to index another DeFi protocol’s data

Or to access specific block-level data

Until today, you would have had to index this data yourself
3/
Now, use Community Subgraphs to query subgraph data and get:

🍊The same enterprise-grade reliability — and a 99.9% API SLA

🍊 Instantly available data

🍊 Ergonomic access, via 2 clicks in your Alchemy Developer Dashboard
Read 5 tweets
Nov 21, 2023
1/ How does ERC-6900 work?

ERC-6900 is designed to achieve two technical objectives:

• Provide standards for designing plugins for smart contract accounts.
• Enable any smart account developer to easily integrate any standardized plugin in their app.
2/ Plugin designers following the standard can work with three standardized components:

1. Validation
2. Execution
3. Hooks Image
3/

1. Validation

Validation functions ensure the validity of external calls to the smart account.
Read 8 tweets
Oct 30, 2023
1/ What is this ERC-6900 that @VitalikButerin has been talking about lately?

Let's dive into Modular Smart Contract Accounts (MSCA), and unpack why this is the "iPhone" moment for Ethereum accounts... Image
2/ First, we need to know about @erc4337 Smart Accounts: the new paradigm of building user accounts from smart contracts, instead of requiring users to create an externally-owned address (EOA) to begin acting onchain.

This enables...
3/ 1. Passkey Support - Login with biometrics (FaceID)

2. Session Keys - Allow dapps to sign certain transactions for you and spend tokens up to a specified limit

3. Enhanced Security - Create execution logic that prevents your most valuable NFTs from being drained

+ more
Read 11 tweets

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