Cashmere Labs and Alchemy: Omnichain is Accelerating
Cashmere Labs partners with Alchemy to power user-friendly Cross chain-Dex Aggregator without bridge
About Cashmere
Cashmere Labs offers users some insight into the future of cross-chain. There are a lot of L1 and L2 services available in the Crypto industry today. Users experience some difficulties while switching between these networks. Cashmere labs emerged to facilitate the transfer of users between networks. You can now swap your native assets from one network to another without using a bridge. Bridges are unsecured and not decentralized. Users who want to have a 100% decentralized and fast experience will be able to use Cashmere Labs. We agreed with Alchemy to create this structure and make it more user friendly. In addition, Cashmere Labs achieved another success by winning the Alchemy Grant program.
About Alchemy
Alchemy provides the leading blockchain development platform powering millions of users for 99% of countries worldwide. Our mission is to provide developers with the fundamental building blocks they need to create the future of technology and lower the barrier for developers to create blockchain applications. Alchemy currently has 70% of Ethereum best practices and over $30 billion in on-chain transactions, and has been featured in TechCrunch, Wired, Bloomberg, and many other media outlets. The Alchemy team draws on decades of deep expertise in massively scalable infrastructure, artificial intelligence, and blockchain, from leadership roles at technology pioneers like Google, Microsoft, Facebook, Stanford, and MIT.- cited from Alchemy articles
Why Alchemy
If you’re using native ethereum client methods, you’re probably querying every block to get ETH transfers, then parsing thousands of logs, filtering for ERC20 and ERC721 transfers, and keeping all that information in some underlying datastore. The process of building this infrastructure in a scalable and consistent manner, besides being a mouthful, requires a lot of engineering resources and is extremely slow.
After learning about this tedious process for such a simple and universal use case, we decided to use Alchemy’s Transfer API, which does all the work behind the scenes. Now all we have to do is call a single endpoint and watch the ETH, ERC20 and ERC721 transfers arrive. As an added benefit and optimization, this API supports pagination so you can reduce network latency and fetch results. in order without timing out or having to merge the results yourself.
Building robust applications for Ethereum is much more than just writing good code. Equally important is having the right tools, support and resources to power this code. Cashmere Labs has chosen Alchemy to deliver a world-class experience to its users and to power the systems that make Cashmere Labs possible.
As Cashmere Labs continues to build, Alchemy is proud to support its products and team by bringing a best-in-class Ethereum & Blockchain development platform that meets their every need, from developer tools to scalable infrastructure.
