Blockchain infrastructure company Alchemy has launched a new product, Alchemy Monitor, which will help developers track the dynamics of their applications on the blockchain.
Alchemy said the tool will help blockchain developers easily access information related to user behavior and application performance. Alchemy Monitor is already being used by various cryptocurrency firms such as 0x, MyEtherWallet, Lucid Sight, and Zerion, the company says.
"Developers are used to these kinds of tools in the Web 2.0 world, but they have to tackle the task themselves in Web 3.0," said Mike Garland, Alchemy software engineer.
According to him, there is no alternative for this product in the current market, "which is why it is so important to the success of the industry." As noted by the technical director of the fintech company Zerion, Aleksey Bashlykov, the Alchemy product helped to better identify errors on the Zerion platform and provided "new information about the quality and performance" of the firm's products.
As Web 3.0 evolves, more and more developer tools are available. Figment Networks recently launched Data Hub, a service that simplifies the development of Web 3.0 protocols including Tezos, Cosmos, and Coda. It allows you to access the blockchain without running your own node.