Architecture
Alchemy Chain is designed to address the unique challenges of stablecoin payments.It consists of four layers. Each layer serves a distinct purpose and works together to create a secure, efficient, and scalable payment ecosystem:
Infrastructure Layer: Contains decentralized peer-to-peer nodes, including full nodes, RPC nodes, and validator nodes. Price validation is done in validator nodes. Data storage is handled in two parts.
Consensus Layer: Utilizes the EVM for execution and settlement, with an integrated price feed mechanism supporting real-time stablecoin conversions. Once a transaction is validated and settled on Alchemy Chain, the complete transaction data is stored off-chain. The hash of this data is stored on-chain, balancing data integrity and efficient blockchain size.
Account Layer: Each EOA (Externally Owned Accounts) acts as an identity on Alchemy chain, owned by different entities including merchants and users. Identities are used in gas fee calculation.
Application Layer: Designed for end users, this layer includes real world applications from our merchants, banks, and partners. And tools including:
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