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Tenderly Introduces Transaction Simulations on Web3 Gateway to Enable Efficiency for Dapp Developers

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Tenderly Introduces Transaction Simulations on Web3 Gateway to Enable Efficiency for Dapp Developers

Source: news.google.com

The Web3 development platform provides an integrated environment to simulate and submit transactions in one place through the Tenderly Web3 Gateway, with 100% accurate results.

SAN FRANCISCO, December 7, 2022 /PRNewswire/ — gently, creators of an industry-leading Web3 development platform, today announced that it is the first Web3 development platform to offer simulations via RPC on the Tenderly Web3 Gateway, its production-as-a-service node. In fact, Tenderly already processes more than 50 million simulations a month through its Transaction Simulator. Now the company is bringing the same capabilities to the world of JSON-RPC.

Tenderly All-in-One Web3 development platform (PRNewsfoto/Tenderly Technologies Inc)

Tenderly All-in-One Web3 development platform (PRNewsfoto/Tenderly Technologies Inc)

Even though Tenderly recently entered the node infrastructure space with Tenderly Web3 GatewayBuilding on more than four years of developer tools and observability experience, Tenderly rapidly continues to deliver innovations in the node space. Tenderly Web3 Gateway is a tightly integrated part of your development platform that helps engineers streamline the process of creating and deploying smart contracts.

With support for more than 20 EVM (Ethereum Virtual Machine)-based networks, Tenderly gives developers a variety of options to achieve greater speed, improve scalability, and reduce costs. Now, with the addition of simulations to the Tenderly Web3 Gateway, Tenderly enables developers to build smarter and more efficient decentralized applications (dapps) with more powerful and easy-to-use dapp building blocks. Configuring simulations and sending on-chain transactions is possible through a single RPC URL and a custom RPC method.

The importance of simulating transactions before sending them is reflected in the fact that developers have greater insight into the execution of their transactions, including greater visibility into failures and errors, as well as gas consumption issues. Armed with this essential information, developers can build transparency and predictability directly into their dApp, increasing visibility into transactions and reducing the chances of failure and/or costly errors for all of their users. Additionally, beginning developers who are exploring smart contract optimization options can also benefit from the Tenderly Web3 Gateway due to its simple and easy-to-use design.

“Our initial launch of the Tenderly Web3 Gateway last month was just the tip of the iceberg for what we plan to do in the node provider space,” he says. andrej bencic“, CEO and Co-Founder of Tenderly. “By integrating simulations with the Tenderly Web3 Gateway, we set the direction for the evolution of the ecosystem of node providers. We already have the next big thing in sight and in development that will make life even easier for Web3 developers.”

Tenderly Web3 Gateway is a tightly integrated environment for developers to simulate and submit transactions, key features include:

  • Custom RPC endpoint – To run simulations through the Web3 Gateway, all developers need to do is add a single RPC URL to their code and call a custom RPC method. This eliminates the need to integrate separate APIs for simulation and deployment, ensuring a faster development process with no configuration hassle.

  • Ultra-fast response time – Tenderly Web3 Gateway’s multi-region architecture automatically routes simulation requests to the location closest to the user, reducing latency and ensuring simulation results are returned almost instantly.

  • Simulate against real Mainnet data – When simulations are run through the Tenderly Web3 Gateway, a transaction is executed against a copy of the most up-to-date Mainnet data, eliminating the guesswork and manual effort involved in ensuring the success of transactions before they hit the chain of blocks. Web3 developers can integrate this functionality into their dapps to provide a more transparent and predictable experience for their users.

  • 100% accurate simulation results – Since transactions are simulated with the latest state of the blockchain, developers get accurate information about what would happen before sending the transaction. The simulation results received from Tenderly help developers fix bugs and understand the outcome of transactions that are added to the blockchain.

“Developers are at the center of everything we do at Tenderly,” Bencic said. “The simulations are just the first enhancement to our Tenderly Web3 Gateway node as we continue to focus our efforts on making life easier for developers and supporting the community. Thanks to our unique node architecture, we can not only achieve speeds of up to eight times faster for read-intensive workloads, but we can also lean on that same technology and create composite innovation that wasn’t possible before in the node provider space.”

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about tenderly

Tenderly is an all-in-one Web3 development platform for building, testing, monitoring, and operating smart contracts from startup to mass adoption. It provides Web3 developers with a superior development experience by combining essential tools with observability and infrastructure building blocks. Tenderly enables smart contract developers to speed up their process, improve team speed, and build better, more reliable products faster. Founded in belgradeSerbia, as of 2018, the company has a presence on several continents, including an office in San Francisco. Tenderly is funded by Spark Capital, Accel, PointNine Capital, Abstract Ventures, Coinbase Ventures, Uniswap Labs, Daedalus, and angel investors. For more information, visit www.tenderly.co, the Tenderly blog, Twitterand LinkedIn.

Media Contact:
Brands2Life for Tenderly
Tenderly@brands2life.com

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SOURCE Tenderly Technologies Inc.

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