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We are excited to announce Lagrange as our newest EigenLayer AVS client and collaborator! Ankr is now a Lagrange AVS node operator, providing reliable and high-performance validator services. Together, we're enabling hyper-parallel ZK coprocessing to supercharge interoperability for the next generation of Web3 applications and protocols.

## Providing a Complete Solution for EigenLayer AVS Protocols

Ankr is helping make a powerful new generation of Web3 protocols possible by providing the essential infrastructure that unlocks shared security with Ethereum for innovative projects deploying with EigenLayer. Ankr acts as the cornerstone technology behind the EigenLayer, eliminating the limitations that previously hindered growth and scalability. With seamless AVS node operation, innovative liquid staking solutions, and [RaaS platform](https://www.ankr.com/rollup-as-a-service-raas/), Ankr is amplifying the launch of these ambitious Web3 projects.

**[Learn more about Ankr’s role in EigenLayer](https://www.ankr.com/blog/ankr-s-core-role-in-eigen-layer-and-avs-operations/?page=1)**

## What Is Lagrange?

Lagrange is a new protocol and AVS on EigenLayer that offers hyper-parallel ZK coprocessing to enable verifiable computation of blockchain data at a big data scale, directly from smart contracts. Lagrange focuses on leveraging zero-knowledge (ZK) to facilitate interoperability between different blockchains. Their ZK system allows for generating cryptographic proofs of the state of other blockchains, which can be used by DeFi and other dApps to operate seamlessly across multiple networks.

**Lagrange enables advanced capabilities in Ethereum scaling:**

**Parallel Proving:** Lagrange’s hyper-parallel ZK coprocessor is designed to execute computations off-chain and in a distributed and parallelized way, before submitting the results as ZK proofs back on-chain. Backed by Lagrange's Reckle Trees research,  the coprocessor can efficiently parallelize proof computation across hundreds of thousands of storage slots and return a single proof back to smart contracts, thereby giving developers access to computations that would otherwise be too heavy to perform on-chain.

**Lagrange State Committees (LSCs):** This is a specific protocol developed by Lagrange Labs, that has launched on EigenLayer Mainnet. LSCs are a way to securely verify the state of optimistic rollups (like Arbitrum or Optimism) on the Ethereum blockchain. LSCs use a group of client nodes to attest to the finality of blocks, allowing for light client verification without relying on a central authority.

**[Learn more about Lagrange](https://www.lagrange.dev/)**

## How Does Lagrange Benefit the Ethereum Scaling Ecosystem?

Lagrange Labs provides a secure and scalable way for DeFi applications to tap into the liquidity and functionalities of different blockchains, ultimately contributing to a more robust and efficient Ethereum scaling ecosystem.

- **Interoperability:** Blockchains are often siloed, meaning they don't interact well with each other. Lagrange's ZK proofs allow DeFi apps to leverage assets and functionalities from various blockchains, promoting a more interconnected ecosystem. This can unlock new DeFi possibilities and improve capital efficiency.
- **Security:** Lagrange's ZK proofs are designed to be secure without compromising on scalability. Its State Committees support an uncapped set of nodes, which enables super-linear economic security that scales as the protocol grows.
- **Scalability:** By lifting heavy and expensive computations off-chain, Lagrange helps alleviate the inherent scalability challenges of Ethereum. Rollup developers and cross-chain protocols can take advantage of Lagrange’s ZK coprocessing to compute and prove over large amounts of data at blazingly fast speeds.

## How Are Ankr and Lagrange Working Together?

**Ankr Operating Nodes for Lagrange AVS:** By opting in as an AVS node operator for Lagrange State Committees, Ankr commits to providing an essential service for the project. This includes operating validators for Lagrange and ensuring smooth and secure operations for the protocol.

- High-performance node operations for Lagrange State Committees
- Distributed validation
- Around-the-clock support & maintenance

**[Contact Ankr to run your AVS nodes](https://meetings-eu1.hubspot.com/arsalan?uuid=d5726b8b-3c8f-434f-8e69-4db60d6db54d)**

## Final Thoughts

Our collaboration with Lagrange is just one of the ways Ankr is working to support the ecosystem of innovation brought about by EigenLayer. Stay tuned for our work with more AVS protocols coming soon.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)






Learn more about Ankr's node operations for Lagrange and choosing Ankr as a top AVS node provider.

Ankr Teaming Up With Lagrange To Bring Hyper-Parallel ZK Coprocessing To Web3

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Kevin is a business writer, journalist, and avid explorer of the blockchain and tech industry. His work has been covered across crypto and traditional media as Ankr’s Senior Content Writer, with topics spanning the big picture of “web3,” tech breakthroughs, and how blockchain is changing our digital lives. Working with some of blockchain’s most talented engineers daily, Kevin gains unique insight into what advances we can expect next and the implications they hold for us all.

Kevin Dwyer

![decentralized-gpu.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/decentralized_gpu_db9ec430bf.png)

AI has been (loudly) shaking up industries from healthcare to Web3 since ChatGPT presented the instantly usable application of generative AI to the mainstream. The industry’s potential now seems limitless, with the vast majority of companies considering it one of their top priorities and an annual industry growth rate of close to [40%](https://www.forbes.com/advisor/business/ai-statistics/#:~:text=AI%20is%20expected%20to%20see,technologies%20in%20the%20coming%20years.). By 2027, AI business is projected to reach a valuation exceeding [$400 billion](https://www.forbes.com/advisor/business/ai-statistics/#sources_section).

However, scaling AI capabilities to meet the insatiable demand presents a significant challenge: the ever-present bottleneck of GPUs (Graphics Processing Units). Global chip shortages and intricate GPU manufacturing have created a bottleneck, leaving researchers and businesses restricted in their quest to scale and innovate in the realm of AI.

Neura presents an alternative for small and medium AI companies struggling to source affordable resources by providing access to a decentralized marketplace of GPUs. Neura’s GPUs are efficiently sourced from a variety of providers, creating a new alternative for AI startups.

## See How Neura’s Next-Gen AI Stack Can Power Your AI Business

- Global GPU Marketplace 
- Decentralized Data Storage 
- Initial Model Offerings (IMOs)

[See all benefits → ](https://www.neuraprotocol.io/)

## GPU Is Critical In AI Model Creation & Execution
GPUs are crucial during model training and inference. Their parallel processing power accelerates the massive computations needed to train complex AI models, significantly reducing training time. While GPUs can also be used for fine-tuning, which involves retraining parts of the model, they aren't always necessary for deployment and inference where the focus is on efficient model execution.

- **Data Preprocessing:** Raw data gets scrubbed, shaped, and enriched to feed the AI model (think: organizing messy notes for studying).

- **Model Training (GPU intensive):** The AI model learns from the data through complex algorithms, like a student absorbing information (think: studying with a guide).

- **Validation:** We test the model on unseen data to see if it can apply its learnings in the real world (think: taking a final exam).

- **Fine-Tuning:** If the model struggles, we adjust its settings or even change its architecture (think: getting extra tutoring or switching classes).

- **Deployment & Inference:** The fine-tuned model goes live, making predictions on new data (think: graduating and putting your knowledge to work).

## AI Components In a Nutshell
![ai-components.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/ai_components_ee13d270ca.png)
[NVIDIA](https://www.nvidia.com/en-us/data-center/a100/)’s Powerful A100 Tensor Core GPU

Artificial intelligence (AI) development requires a combination of hardware, software, data storage, and more resources for all builders.

Developers will need a variety of components to build even basic AI, including:

- **GPU:** GPUs are essential for significantly accelerating the training and inference for tasks involving large datasets or complex models.

- **AI Library or Open-Source AI Model:**  These libraries provide pre-built tools and functions for various machine learning tasks, simplifying development. Some common sources are [TensorFlow](https://www.tensorflow.org/), [Scikit-learn](https://scikit-learn.org/stable/), [Keras](https://keras.io/), and [PyTorch](https://opensource.fb.com/projects/pytorch/).

- **Data Storage:** You'll need storage space for your data (the information the AI will learn from). This could even be on your computer's hard drive or an external storage device for small ops.

- **Development Environment:** An Integrated Development Environment (IDE) like PyCharm or RStudio can provide code completion, debugging tools, and other features to streamline the development process.

- **Programming Platform:** Programming platforms like [CUDA](https://developer.nvidia.com/cuda-toolkit) can speed development with NVIDIA GPUs for AI computing tasks. By allowing developers to write code that utilizes a GPU's parallel processing capabilities, CUDA significantly accelerates AI training and inference.

## From PC Gaming To AI Development: Why GPUs Are Essential
![from-pc-gaming-to-ai-development.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/from_pc_gaming_to_ai_development_5e28cddc27.png)
“The Cursed Aesthetic Of Old Graphics Card Boxes” Source: [TheGamer](https://www.thegamer.com/cursed-graphics-card-box-art/)

Originally the hero of high-res gaming from the 2000s to the present, Graphics Processing Units (GPUs) are now the muscle behind artificial intelligence. Their ability to crunch massive datasets in parallel, thanks to thousands of cores, makes them perfect for accelerating AI training and tasks. Let's explore why GPUs outperform CPUs in the world of AI.

- **Parallel Processing Power:** GPUs boast thousands of cores compared to a CPU's handful. This allows them to churn through massive datasets and complex AI computations much faster.

- **Floating Point Operations:** FLOPs measure the number of calculations involving decimals that a computer performs. In AI, FLOPs are a crucial metric as complex AI models rely heavily on these calculations for tasks like matrix multiplication during training and inference. The more FLOPs a system can handle, the faster it can train and process information.

- **Memory Bandwidth:** GPUs have significantly higher memory bandwidth than CPUs. This is essential for AI tasks that require frequent data access during processing, minimizing bottlenecks and speeding up computations.

- **Specialized Hardware:** Many high-end GPUs feature Tensor Cores, hardware specifically designed to accelerate AI workloads and deep learning processes. These cores significantly improve performance for AI-specific tasks.

## Options for Sourcing GPU Resources: What is Best for You?
When beginning AI projects, the question of GPU resources is paramount.  Several options exist to secure the processing power needed to train and run complex models, each catering to different needs:

### Building Compute Infrastructure In-House
For organizations with significant upfront capital and the technical expertise to manage their own infrastructure, building an in-house solution offers the ultimate granular control over hardware and software. This approach allows for complete customization but requires a dedicated team to handle maintenance and upgrades.

### Using A Large Cloud Service To Power AI 
Large cloud service providers like Google Cloud Platform, Amazon Web Services, and Microsoft Azure offer a vast pool of GPUs accessible on-demand. This flexibility is ideal for businesses of all sizes that require scalability and don't mind fluctuating costs and hefty price tags based on usage.  

### Using Specialized Cloud Services To Power AI 
For a more specialized approach, services like Coreweave and Lambda cater specifically to AI workloads.  These services offer optimized infrastructure, potentially leading to more cost-effective solutions compared to general-purpose cloud offerings. This option strikes a balance between affordability and performance for businesses focused on AI development.

## A New Alternative: Using Neura’s **Democratized GPU** Marketplace
The core of Neura is a decentralized marketplace that gives developers open and scalable access to plentiful GPU resources in a way that is more cost-efficient, transparent, and secure. This ecosystem democratizes access to computational power, bridging the gap between GPU providers and developers.

![neuras-mechanism-for-decentrilized-gpu.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/neuras_mechanism_for_decentrilized_gpu_bf5d280e00.png)
[Sign up for early access](https://form.typeform.com/to/y6Mlb6N2?typeform-source=www.neuraprotocol.io)

## Democratized GPU Explained
As a Decentralized GPU provider, Neura offers access to computing power from a network of individual servers and providers rather than from their own data centers. This network utilizes underutilized GPUs from various sources around the world, creating a system similar to peer-to-peer file sharing.

### The benefits of using Neura's GPU marketplace:
- **Cost Efficiency:** Decentralized platforms tap into underutilized resources, offering access to powerful GPUs at a fraction of the cost of traditional cloud services. This can be a game-changer for startups and individual researchers with limited budgets.

- **Democratized AI:** By making powerful GPUs more affordable and accessible, decentralized networks like Neura level the playing field. This allows smaller players to compete with larger companies that have traditionally dominated the AI space due to their access to expensive computing resources.

- **Transparency and Security:** Neura’s blockchain underpins the operation of its decentralized GPU platform. This provides greater transparency in how resources are allocated and used, while also potentially enhancing security compared to some traditional cloud environments.

[Learn more in the Neura whitepaper](https://www.neuraprotocol.io/whitepaper.pdf)

## Final Thoughts On Decentralized GPU
AI's skyrocketing demand exposes a critical bottleneck: GPUs. While Neura's decentralized marketplace offers a solution, the future lies in advancing GPUs and AI computation itself.

Promising avenues include:
- **AI-Optimized Hardware:** Specialized chips outperform GPUs in specific tasks, boosting efficiency and cutting training times.

- **Neuromorphic Computing:** Inspired by the brain, this approach mimics its structure to revolutionize AI learning and processing.

- **Efficient Algorithms:** Researchers are constantly developing algorithms requiring less computational power, making AI development more accessible.

## Join the Conversation on Ankr’s Channels!
[Twitter](https://twitter.com/ankr) | [Telegram Announcements ](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)


Deep dive into decentralized GPUs, the future of scalable AI infrastructure. Part one explores the core concepts. Learn how it works and why it matters.

Decentralized GPUs: Powering the Future AI Stack

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 Democratized GPU: The Future AI Stack Explained Part One

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Ankr is delighted to announce our new integration with Talus, a new AI-focused blockchain network. Through this collaboration, Ankr will provide the Talus Smart Agent Hub access to Bitcoin Liquid Staking Tokens ([LSTs](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/?page=1&search=liquid+staking)). This provides developers on Talus a deep well of previously untapped liquidity for DeFi, allowing for wider DeFi utility, more innovative applications, and expanding the utility of on-chain smart agents on-chain.

## What Is Talus?

Talus Network is an AI Smart Agent Hub that utilizes the Move programming language to build in more smart contract security, performance, and object-oriented programming for on-chain AI applications. [Smart Agents](https://mirror.xyz/0x265a3ef357c6E81594230bE2EEe3cD4Bc0ac4b49/u_Ls7SBxJqxPsKQ5GVl7m_o4IrvnDMEu-lob9gN5U_4) are AI assistants, one of the most hotly anticipated innovations in AI, that have the power to automate more tasks in day-to-day life, such as booking travel, making purchases online, managing portfolios, and executing a variety of tasks that were previously manually performed. Web3 is the perfect “internet native” framework for Smart Agents, offering tokenization, smart contracts, and immutable record-keeping for AI.

Talus provides Web3 capabilities for tomorrow’s Smart Agents with advanced capabilities for applications in:

- Decentralized AI consumer applications
- Data and model ownership/management
- ML-parameterized DeFi apps
- Smart Intent Solver Networks
- Autonomous Liquidity Balancing
- Evolving-NPCs for Gaming
- Automated Governance and DAOs
- Multi-Agent Systems
- Move language x AI apps

**[Learn more about Talus](https://twitter.com/TalusNetwork)**

## Ankr: Unlocking BTC Liquidity for Smart Agents On Talus

Talus is creating a thriving on-chain economy for smart agents and the value they create. These smart agents will transact based on specified user preferences, opening up a vast range of blockchain use cases. To realize this vision, smart agents need access to diverse pools of capital.

Ankr provides the infrastructure to source this capital across networks, most recently expanding to Bitcoin. Bitcoin is not only the oldest blockchain but also continues to have the highest liquidity. Unfortunately, this liquidity has traditionally been trapped within the Bitcoin L1. With the aid of Ankr’s liquid staking service, Bitcoin can be staked through various Bitcoin restaking protocols. This enables users on the Bitcoin network to earn additional staking rewards while providing other ecosystems access to Bitcoin liquidity.

Via Ankr, smart agents on Talus will be able to tap into this influx of Bitcoin liquidity.

**Here’s how it works:**

1. BTC holders delegate their stake to an operator in a restaking protocol.
2. Ankr creates LSTs (liquid staking tokens) for the staked BTC.
3. LSTs are bridged to Talus Network.
4. LSTs are available to be used to power smart agents and smart agent-driven applications.

## Empowering the Future of AI-Driven DeFi On Talus

For Talus, sufficient liquidity is required for DeFi maneuvers like atomic swaps, in which smart agents execute multi-step transactions as a single transaction. Each step must be executed simultaneously, or the entire transaction will fail. For example, an agent can take out a flash loan, use the borrowed funds in other protocols, and repay the loan, all in one transaction. Without atomic swaps, an agent could take out a flash loan for an arbitrage opportunity, but then find out that the arbitrage opportunity is no longer available, making the initial loan meaningless. Ankr’s BTC liquid staking unlocks a massive amount of liquidity to ensure that smart agents on Talus can execute simultaneous DeFi transactions like atomic swaps seamlessly.

## Final Thoughts

Together, Talus and Ankr are unlocking the true potential of AI smart agents by providing them with extensive liquidity. This will usher in a new era of innovative activity across the on-chain economy.

## Learn More About Talus

Talus is building AI smart agents for the people. They are creating a decentralized protocol where individuals can freely exchange data, models, and computational power to make AI transparent and verifiable. By leveraging the security, performance, and developer experience of Move, Talus is the foundation of the Smart Agent Revolution and a new era of consumer AI.

To learn more about Talus, follow them on [Twitter](https://twitter.com/TalusNetwork), check out our [GitHub](https://github.com/Talus-Network), and read their [Mirror](https://mirror.xyz/0x265a3ef357c6E81594230bE2EEe3cD4Bc0ac4b49).

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn more about how Ankr and Talus are teaming up to inject BTC liquidity into the world of blockchain-powered AI agents and apps.

Ankr x Talus: Delivering BTC Liquidity To Onchain AI & Smart Agents

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**gRPC**, or Google Remote Procedure Call, is an open-source RPC framework initially developed by Google. It allows efficient communication between distributed systems using a variety of programming languages and environments.

## What is  gRPC: Core Components
### gRPC comprises several core components:
- **Protocol Buffers (Protobuf):** Protobuf is a language-agnostic mechanism for serializing structured data. It's used to define the structure of messages exchanged between clients and servers in gRPC services.
- **Service Definition:** gRPC services are defined using Protobuf's Interface Definition Language (IDL), specifying the methods that clients can call and the message types used for communication.
- **Client Stub:** The client-side stub generated from the Protobuf definition provides a simple API for invoking remote methods. It abstracts the network communication details, making it easy for developers to interact with remote services.
- **Server Implementation:** On the server side, gRPC provides a framework for implementing service methods. It handles incoming requests, executes the corresponding business logic, and sends back responses to clients.

## Differences between gRPC vs RPC
While both gRPC and traditional RPC systems facilitate remote procedure calls, they differ in several aspects:

- **Efficiency:** gRPC uses binary serialization and the HTTP/2 protocol, offering better performance and efficiency compared to text-based RPC systems like XML-RPC or JSON-RPC over HTTP.
- **Strong Typing:** gRPC enforces strong typing of message structures using Protobuf, providing better type safety and documentation compared to dynamically typed RPC systems.
- **Bidirectional Streaming:** Unlike traditional RPC, gRPC supports bidirectional streaming, allowing clients and servers to send multiple messages asynchronously over a single connection, enabling more efficient communication patterns.

## Why gRPC Matters in Blockchain Infrastructure
In the realm of blockchain infrastructure, efficient and secure communication is crucial for the network's operation. gRPC could offer some advantages for blockchain applications:

- **Efficiency:** With its binary serialization and multiplexing capabilities, gRPC reduces latency and bandwidth usage, making it suitable for high-performance blockchain networks.
- **Interoperability:** Blockchain ecosystems often involve diverse components written in different programming languages. gRPC's language-agnostic nature facilitates seamless communication between these components.
- **Scalability:** As blockchain networks scale, the need for efficient communication becomes more critical. gRPC's support for multiplexing and streaming enables scalable communication even in large-scale blockchain deployments.

## Compatibility Features of gRPC
**gRPC** provides various compatibility features for seamless integration with existing blockchain systems:

- **Language Independence:** gRPC allows communication between components written in different programming languages, enabling interoperability within diverse blockchain ecosystems.
- **Framework Agnosticism:** Whether building on Ethereum, Hyperledger Fabric, or other blockchain frameworks, developers can integrate gRPC into their projects with ease.
- **Flexible Communication Patterns:** gRPC supports various communication patterns, including unary, server streaming, client streaming, and bidirectional streaming, catering to different requirements of blockchain applications.

### Ensuring gRPC Safety
Security is paramount in blockchain networks, and gRPC offers features to enhance safety:

- **Transport Security:** gRPC supports Transport Layer Security (TLS) to encrypt communication channels, preventing unauthorized access and tampering of data.
- **Authentication:** gRPC enables mutual authentication between clients and servers, ensuring that only authorized parties can access blockchain services.
- **Authorization:** With support for custom authentication mechanisms and access control policies, gRPC allows fine-grained authorization of RPC calls within blockchain applications.

## How to Use gRPC in Blockchain: A Walkthrough
Integrating gRPC into a blockchain project involves the following steps:

- **Define Protobuf Service:** Define the service interface and message types using Protobuf's IDL, specifying the methods and data structures required for communication.
- **Implement Server:** Implement the server-side logic to handle incoming requests, execute business logic, and send back responses using the gRPC framework.
- **Generate Client Stub:** Use the Protobuf compiler to generate client stub code in the desired programming language, providing a convenient API for invoking remote methods.
- **Deploy and Test:** Deploy the gRPC server alongside the blockchain infrastructure and thoroughly test the integration to ensure functionality, performance, and security.

## Examples of gRPC Implementation in Blockchain
Several blockchain projects leverage gRPC for communication:

1. **Ethereum 2.0:** The Ethereum 2.0 beacon chain uses gRPC for inter-node communication, facilitating efficient data exchange within the network.
2. **Hyperledger Fabric:** Hyperledger Fabric utilizes gRPC for communication between peer nodes, orderers, and client applications, ensuring secure and scalable blockchain deployments.

## How gRPC Shapes the Future of Blockchain Communication
gRPC is poised to play a significant role in shaping the future of blockchain communication:

- **Standardization:** As gRPC becomes a standard choice for communication in blockchain networks, it fosters interoperability and collaboration across different projects and platforms.
- **Scalability:** The scalability of gRPC enables blockchain networks to handle growing transaction volumes and diverse use cases, supporting the growth and adoption of blockchain technology.
- **Innovation:** By providing a robust foundation for building distributed systems, gRPC empowers developers to innovate and experiment with new blockchain applications and protocols, driving the evolution of the technology landscape.

In conclusion, gRPC offers a powerful framework for building efficient, secure, and interoperable communication channels within blockchain infrastructure. By leveraging its core components and compatibility features, stakeholders can unlock new possibilities for decentralized applications and accelerate the adoption of blockchain technology across industries.

## Ankr's RPC vs gRPC
Ankr's crypto RPC offers several advantages over gRPC, particularly in the context of blockchain applications. 

1. **Tailored for Blockchain:** Ankr's RPC service is likely tailored specifically for interacting with blockchain networks. This specialization may result in optimizations and features designed to streamline blockchain-related operations, such as querying blockchain data, executing transactions, or accessing smart contracts.
2. **Simplified Integration:** Similar to Ankr's other services, our RPC solution may prioritize ease of use and simplicity. It might offer straightforward integration methods, clear documentation, and intuitive APIs, making it accessible for developers to interact with blockchain networks without extensive setup or configuration.
3. **Blockchain-specific Security:** Ankr's RPC service may include built-in security features specifically tailored for blockchain applications. These features could include encryption, authentication mechanisms, and access control policies to ensure secure communication between clients and blockchain nodes, protecting sensitive data and transactions.
4. **Scalability and Reliability:** Given the importance of scalability and reliability in blockchain networks, Ankr's RPC service may be designed to handle large transaction volumes and adapt to changing network conditions. It might offer features to ensure reliable performance, such as load balancing, fault tolerance, and automatic scaling to accommodate growing demands.
5. **Integration with Ankr's Ecosystem:** Ankr's RPC service may seamlessly integrate with other services offered by Ankr, such as node hosting, blockchain analytics, or decentralized storage solutions. This integration could provide developers with a comprehensive toolkit for building, deploying, and managing blockchain applications more efficiently within the Ankr ecosystem.

Overall, Ankr's RPC service aims to provide developers with a reliable, secure, and user-friendly solution for interacting with blockchain networks. For specific details about Ankr's RPC implementation, including features, capabilities, and use cases, I recommend consulting Ankr's official documentation or contacting their support team for assistance. They can provide accurate and up-to-date information tailored to your needs.

**Read these other three articles and further increase your knowledge of blockchain infrastructure.**

1. [What are RPC Nodes](https://www.ankr.com/blog/what-are-rpc-nodes-and-endpoints-the-complete-guide-2023/)
2. [RPC vs Rest](https://www.ankr.com/blog/rpc-vs-rest/)
3. [RPC vs API](https://www.ankr.com/blog/rpc-vs-api/)
4. [gRPC vs RPC](https://www.ankr.com/blog/grpc-vs-rpc/)


Dicover what is gRPC! This guide explores gRPC for developers, explaining its benefits, pros and cons & use cases (microservices, mobile dev) for building modern applications.

What is gRPC? Benefits & Use Cases for Developers

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What is gRPC: A Comprehensive Guide [2024]

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As deploying a new rollup becomes easier than ever with Ankr’s Rollup as a Service, we are thrilled to introduce our latest integration that makes interoperability just as seamless. Hyperlane makes building interoperability into rollups a smooth process that is destined to change the Web3 user experience for the better.

**[Build an interoperable rollup now with Ankr RaaS](https://www.ankr.com/rollup-as-a-service-raas/)**

## What is Hyperlane, and How Does It Work With Rollups?

Hyperlane is the first Permissionless Interoperability framework, enabling anyone to connect any blockchain, out-of-the-box. This makes interoperability accessible to any team building a rollup, as they no longer need to petition and wait for the “permissioned” interoperability teams and protocols to implement support for their chain.

Modular blockchains have become much easier to launch but still begin their lifecycle isolated from existing chains. Hyperlane is breaking the barriers to interoperability, creating a seamless path forward to connect every chain and app while abstracting away the complexity of interchain interactions and serving users on any connected chain.

**[Learn more about Hyperlane](https://www.hyperlane.xyz/)**

## Why Did Ankr Choose To Integrate Hyperlane With Our RaaS?

The strategic collaboration with Hyperlane aligns with Ankr's vision of fostering the most versatile blockchain creation stack possible. Hyperlane's suite of features, including permissionless interoperability and bridging, modular security, and multi-VM support, seamlessly integrates with Ankr RaaS, significantly expanding the platform's capabilities and reach.

Hyperlane unlocks new development for builders as they can seamlessly connect and operate across diverse blockchain ecosystems. This critical interoperability framework empowers the creation of intricate, responsive applications that can interact with any blockchain network, shattering previous limitations.

**Ankr RaaS Developer Benefits**

- **Creating Cross-Chain Applications:** Developers can build dApps on their rollup that leverage the strengths of multiple blockchains simultaneously. For instance, a DeFi app/protocol built with Ankr RaaS can utilize Ethereum for its robust smart contract capabilities while handling transactions on a faster, lower-cost network like Binance Smart Chain or Solana, all facilitated by Hyperlane.

- **Enhancing Dapp Functionality:** With Hyperlane, dApps developed on Ankr RaaS can offer features such as cross-chain asset transfers, multi-chain governance, and data sharing across blockchains. This is particularly beneficial for applications requiring high throughput and those that operate in decentralized finance and gaming.

- **Enhanced Yield Routes Via Hyperlane’s Bridge:** Ankr’s RaaS stack will support the Hyperlane Warp Routes and Yield Routes. Warp Routes enable permissionless bridging of any token to any chain without the need for whitelisting, creating powerful composable interchain DeFi benefits. And Yield Routes take it to another level by automatically staking or depositing bridged assets to generate passive yield on top.

- **Improving Scalability:** The combination of Ankr’s decentralized infrastructure and Hyperlane’s bridging capabilities allows applications to scale effectively by offloading transactions to appropriate chains depending on cost, speed, and security requirements.

**End User Benefits**

- **Behind-the-Scenes Interoperability:** Users of applications built on Ankr RaaS with Hyperlane can interact with multiple blockchains in a seamless, secure manner. This means they can take advantage of different blockchain features without managing multiple wallets or interfaces.

- **Cost Efficiency:** By intelligently routing transactions and interactions through the most efficient blockchain available, developers can significantly reduce the costs associated with high gas fees, benefiting end-users who will experience lower transaction costs.

- **Innovation and Choice:** The integration opens up a broader array of possibilities for developers to innovate without being limited to the constraints of a single blockchain. This means more creative and effective blockchain solutions for end-users, enhancing their experience and satisfaction.

- **Security and Trust:** Modular security enables developers to customize their security to their needs. For example, a cross-chain game moving trading cards between chains can have a more lightweight security model versus a $10m transfer between chains.

## Final Thoughts

Ankr RaaS and Hyperlane infrastructures create a powerful combination that delivers enhanced functionality, security, and efficiency. This integration leverages both platforms’ strengths—Ankr’s robust, decentralized physical infrastructure and Hyperlane's advanced interoperability framework—to provide developers and enterprises with comprehensive tools to build, deploy, and manage next-generation blockchain applications.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn more about the next-level interoperability benefits offered by the fusion of Ankr's Rollups as a Service and Hyperlane.

Ankr RaaS Integrates Hyperlane for Permissionless Interoperability

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As blockchain technology continues to evolve, the choice of communication protocols plays a crucial role in determining the efficiency, security, and scalability of blockchain infrastructure. In this article, we dive into the comparison between gRPC and RPC (Remote Procedure Call) in the context of blockchain networks, exploring their functionalities, compatibility features, security implications, and best practices for implementation.

## A Brief Explanation of Communication Protocols in Blockchain
Communication protocols serve as the backbone of interactions within blockchain networks, facilitating the seamless exchange of data and instructions among nodes. These protocols define the rules and standards for communication, ensuring interoperability and reliability across distributed systems.

## How RPC Powers Blockchain Interactions
RPC, or Remote Procedure Call, is a communication protocol commonly used in blockchain networks to enable nodes to request and execute procedures or functions on remote servers. RPC facilitates direct communication between nodes, allowing for the invocation of methods and retrieval of data across the network.

In the realm of blockchain, RPC is instrumental in enabling nodes to interact with the blockchain network, submitting transactions, querying blockchain data, and executing smart contracts. Traditional RPC implementations, such as JSON-RPC (JavaScript Object Notation Remote Procedure Call), have been widely adopted in blockchain infrastructures for their simplicity and ease of integration.

## gRPC in Blockchain Infrastructure
gRPC, a high-performance, open-source RPC framework developed by Google, is revolutionizing communication in blockchain networks. Unlike traditional RPC protocols, gRPC leverages HTTP/2 as its underlying transport protocol, offering features such as multiplexing, flow control, and header compression, which enhance performance and scalability.

gRPC's support for protocol buffers, a language-agnostic serialization format, enables efficient and platform-independent communication between nodes. With its built-in support for bidirectional streaming and asynchronous communication, gRPC facilitates real-time interactions and efficient data exchange in blockchain applications.

## gRPC vs RPC
When comparing gRPC vs RPC in the context of blockchain infrastructure, several factors come into play, including performance, scalability, compatibility, and security.
Compatibility Features of gRPC and RPC
Both gRPC and RPC offer compatibility features that cater to the diverse requirements of blockchain projects. While traditional RPC protocols like JSON-RPC are widely supported across various blockchain platforms, gRPC's adoption is growing rapidly due to its performance advantages and modern features.

## gRPC and RPC in the Blockchain Security Landscape
Security is paramount in blockchain networks, and the choice of communication protocol can significantly impact the overall security posture of the ecosystem. While RPC implementations may pose security risks such as unauthorized access and injection attacks, gRPC offers built-in support for transport security mechanisms such as TLS (Transport Layer Security), ensuring secure communication between nodes.

## Implementing Best Practices: gRPC and RPC in Blockchain Projects
Incorporating best practices is essential for the successful integration of gRPC and RPC in blockchain projects. This includes implementing transport layer security, enforcing authentication and authorization mechanisms, and conducting thorough security audits to identify and mitigate potential vulnerabilities.

## How to Choose the Right Protocol
When selecting between gRPC and RPC for blockchain infrastructure, it's essential to consider factors such as performance requirements, compatibility with existing systems, security considerations, and the specific use case of the blockchain project. Conducting a comprehensive evaluation and benchmarking of both protocols can aid in making an informed decision that aligns with the project's objectives and technical requirements.

In conclusion, the choice between gRPC and RPC in blockchain infrastructure depends on various factors, including performance, scalability, compatibility, security, and project-specific requirements. By understanding the functionalities, compatibility features, security implications, and best practices associated with each protocol, blockchain enthusiasts can make informed decisions to optimize their blockchain infrastructure for efficiency, reliability, and security.

## Why use Ankr's RPC?
When considering the choice between Ankr's RPC and gRPC for blockchain infrastructure, several factors make Ankr's RPC a preferred option. Ankr's RPC not only offers seamless integration with Ankr's comprehensive blockchain infrastructure platform but also prioritizes user experience by providing a user-friendly interface and extensive support services. Additionally, Ankr's RPC stands out for its dedicated focus on the blockchain community, offering tailored solutions and personalized support to address the specific needs and challenges of blockchain enthusiasts. By choosing Ankr's RPC, users benefit from a holistic approach to blockchain infrastructure management, backed by a team of experts committed to driving innovation and empowering users to realize their blockchain applications.

**Read these other three articles and further increase your knowledge of blockchain infrastructure.**
- [What are RPC Nodes](https://www.ankr.com/blog/what-are-rpc-nodes-and-endpoints-the-complete-guide-2023/)
- [RPC vs Rest](https://www.ankr.com/blog/rpc-vs-rest/)
- [RPC vs API](https://www.ankr.com/blog/rpc-vs-api/)




Disentangled! gRPC vs. RPC for Web3 devs: Understand the distinctions, benefits, and drawbacks to pick the ideal API approach for your project.

gRPC vs. RPC: Differences, Pros and Cons Web3 Dev!

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Ankr’s collaboration with Optimism for Rollups as a Service is well underway, giving every organization or developer the opportunity to customize and deploy dedicated OP Stack Chains that will inherit the technical and governance benefits of the ecosystem’s Superchain. Read on to discover the unique benefits of deploying your own OP Stack Chain below!

**[Discover Ankr RaaS](https://www.ankr.com/rollup-as-a-service-raas/)**

## Build With the Trust Of An Optimism-Approved Rollup Vendor

Imagine a custom-built Layer 2 solution, powered by the security of Optimism and tailored exclusively for your application's needs. With Ankr's RaaS, this vision becomes reality. As an official implementation partner of the Optimism Foundation, Ankr empowers you to customize and easily create an L2 built on the OP Stack. This dedicated environment handles your project's traffic seamlessly, removing scalability bottlenecks and ensuring frictionless user experiences.

*“Working with Ankr has made it even easier for developers to help bring new users onchain in a thriving Superchain ecosystem. Ankr is a trusted partner that provides Optimism with node infrastructure, so providing high-quality RaaS is a natural extension of our collaboration.”*

*– Tess Rinearson, Head of Emerging Products at OP Labs*

## What Does Ankr’s OP Stack Launch Service Offer?

Ankr's RaaS goes beyond just infrastructure. We provide a comprehensive suite of developer-friendly features to streamline the launch and management of your rollup. This includes:

- **Full Blockchain Engineering:** Ankr provides end-to-end engineering for new rollups with customization at every level to meet client specifications for consensus mechanisms, programming languages, throughput, gas fees, and much more.

- **Complete Rollup Infrastructure:** Ankr collaborates with various third-party vendors best suited to operate the underlying node infrastructure needed to run a rollup, such as full nodes, validators, sequencers, and aggregators.

- **Strong DePIN Node Ops:** Our DePIN harnesses a blend of bare metal servers and cloud-based nodes deployed in over 20 different countries from top-tier partners, guaranteeing decentralized, low-latency, secure, and robust node operations for rollups.

- **Comprehensive Development Tools:** Ankr will provide various development tools and frameworks to help developers build their rollups, such as SDKs and other tools.

- **Ironclad Security and Auditing:** Ankr will assist developers in securing their rollups and will consult on security auditing by third-party security firms.

- **Unfailing Support:** Ankr will offer ongoing support to developers, such as troubleshooting, performance optimization, and continued node operations.

**[Talk With Ankr’s Expert RaaS Team Now](https://meetings-eu1.hubspot.com/arsalan/?uuid=734db1ae-0ebc-4923-a550-4ec4e1348841)**

## Why Choose the OP Stack for Your Rollup?

There are several compelling reasons to choose the OP Stack for building your dedicated Layer 2 rollup with Ankr's RaaS:

- **Faster, Cheaper Transactions:** By leveraging optimistic rollup principles, data compression, and optional shared sequencers, the OP Stack facilitates exceedingly fast and efficient transactions due to reduced workload on the mainnet, lightweight fraud proofs, and potential resource optimization.

- **Security Built-in:** The OP Stack leverages Ethereum's security, utilizes honest behavior assumptions with fraud proofs, and offers a lighter economic burden for security compared to some ZK-Rollups.

- **Customizable Environment:** The OP Stack offers a modular design, giving developers the power to tailor rollups to fit their specific application's needs with greater control and optimization.

- **Open-Source Frameworks:** The OP Stack is an open-source project, fostering a collaborative developer community. This translates to ongoing development, access to a wealth of resources, and a future-proof solution for your rollup.

- **Thriving Ecosystem & Community:** Some of the highest-profile projects in Web3 have chosen to build with Optimism including [Base](https://www.base.org/), [Farcaster](https://www.farcaster.xyz/), [Synthetix](https://staking.synthetix.io/), [Rainbow](https://rainbow.me/), and many more.

**[Learn more about OP Stack](https://docs.optimism.io/stack/getting-started)**

## Use Modular Scaling Advantages To Supercharge Your OP Stack Chain

Ankr’s Rollup as a Service is [integrated with the leading modularity solutions](https://www.ankr.com/blog/ankr-raa-s-collaborations-reshaping-web3-modularity-and-performance/?page=3) and offers clients the ability to integrate with their choice of modular collaborators to offer the highest levels of scalability, efficiency, and decentralization possible.

![Ankr Modular Scaling Stack_UPD2.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Ankr_Modular_Scaling_Stack_UPD_2_6a12fe93c1.jpg)


## Unlock New Economics For L2 Chains With Liquid Tokens

Ankr’s RaaS gives clients the opportunity to create and use innovative new tokens as their native currency. Imagine every token on your Ethereum-based rollup offers constant rewards for holders. This is the power of using Ankr’s Ethereum liquid staking token, ankrETH, as your optional gas token.

- **Shared Security:** Unlock the massive capital base of staked ETH to be utilized secure securing your rollup with Ankr’s liquid staking assets.
- **24/7 Rewards:** Using ankrETH as your rollup token means a constant stream of ETH staking rewards is delivered to all holders.
- **TVL on Autopilot:** Multiply the TVL potential of your rollup as the value of tokens on the network grows daily to support every financial function.
- **Gasless UX:** Use the ankrETH liquid staking token as your gas token to cover operational costs or subsidize gas fees.

**[Learn More](https://www.ankr.com/rollup-as-a-service-raas/)**

## Build Your Rollup With the Strongest Infrastructure

Since 2017, Ankr has distinguished itself as the leading Web3 developer hub, providing extensive tools and connections to 46+ blockchains. Via our Rollups as a Service offering, Ankr seeks to redefine Web3 performance by leveraging our Decentralized Physical Infrastructure Network [(DePIN)](https://www.ankr.com/blog/ankr-s-new-de-pin-partners/?page=1) to ensure unmatched reliability and security with global node infrastructure. This supports a wide range of services, including dApp development, RaaS, blockchain scaling, and staking solutions, positioning Ankr as a key player in facilitating scalable and secure Web3 development.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Discover the benefits of launching a new OP Stack Chain with Ankr's Rollup as a Service!

Customize & Launch OP Stack Chains Fast With Ankr

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**JSON-RPC (JavaScript Object Notation Remote Procedure Call)** is a lightweight remote procedure call protocol. It enables communication between a client and a server over a network by using JSON as the data format for both request and response messages. This protocol allows for the invocation of methods and functions on a remote server, similar to traditional remote procedure calls, but with the simplicity and flexibility of JSON.

## Introduction to JSON-RPC
JSON-RPC serves as a protocol for communication between a client and a server, allowing them to exchange data in a structured manner. It is widely used in various applications, including web development, microservices architecture, and notably in blockchain networks.

## JSON-RPC Applications in Blockchain Networks
In the realm of blockchain technology, JSON-RPC plays a crucial role in facilitating communication between clients, such as wallets or decentralized applications (dApps), and blockchain nodes. By leveraging JSON-RPC, developers can interact with blockchain networks programmatically, enabling functionalities like querying blockchain data, submitting transactions, and managing smart contracts.

## JSON-RPC Empowers Blockchain Transactions
Blockchain transactions involve sending data to the network for processing and validation. JSON-RPC streamlines this process by providing a standardized interface for crafting and submitting transactions to blockchain nodes. Developers can utilize JSON-RPC libraries in various programming languages, including Python, to interact with blockchain networks seamlessly.

## Unpacking JSON-RPC’s Essential Features for Blockchain
Key features of JSON-RPC for blockchain applications include its simplicity, flexibility, and compatibility with different programming languages. Its lightweight nature makes it suitable for resource-constrained environments, such as embedded systems or mobile devices. Additionally, JSON-RPC supports batch requests, allowing multiple operations to be combined into a single request for improved efficiency.

## JSON-RPC’s Role in Promoting Interoperability
Interoperability is vital in the blockchain ecosystem, where multiple networks and protocols coexist. JSON-RPC contributes to interoperability by providing a standardized communication protocol that can be implemented across various blockchain platforms. This interoperability fosters collaboration and integration between different blockchain projects, enabling seamless interaction between disparate systems.

How does JSON-RPC’s Security work?
Security is paramount in blockchain applications to protect sensitive data and assets. JSON-RPC incorporates security measures such as authentication, encryption, and access control to ensure the integrity and confidentiality of communication between clients and servers. Implementing secure communication protocols, such as HTTPS, further enhances the security of JSON-RPC-based interactions, safeguarding against potential threats and attacks.

## What Is Ankr's JSON-RPC Service?
Ankr’s JSON-RPC Service is a critical component for blockchain developers to connect their dApps and blockchain projects to blockchain nodes for data requests and transaction execution.

- Ankr’s JSON-RPCs (Remote Procedure Calls) connect wallets, command-line interfaces, and dApps with an array of different blockchains. They act as messengers or blockchain routers that relay on-chain information between blockchain nodes, dApps, and ultimately end-users so they can execute necessary tasks like making transactions, populating wallet balances, fetching ownership information, and much more.
- Ankr’s JSON-RPC endpoints are a gateway for developers to interface directly with the variety of blockchain networks — a portal to communicate easily, remotely, and with no need to go through the DevOps of establishing their own nodes.
- Ankr provides a geo-distributed JSON-RPC service comprised of blockchain nodes running worldwide for incredibly low latency and reliable connections.

[Use JSON-RPC Connections to 46+ Blockchains For Free!](https://www.ankr.com/rpc/)

## Ankr’s RPC service solves the following developer troubles: 

- Eliminates complex node ops - Ankr’s JSON-RPCs will completely remove the need for many developers to set up their own nodes, removing hours of time spent building, calibrating, and fixing node issues. 
- Grants access to advanced tools -  Ankr’s Premium RPC Plan instantly grants access to the best tools to build applications quickly, including:

1. High request priority
2. Global node locations
3. Telemetry
4. Debug mode
5. Support Portal
6. WebSockets (WS) capabilities

- Powers apps and open-source software - Connect with a cluster of high-performance nodes that holds the information you need to build and operate dApps with blockchain capabilities.

## How to Implement JSON-RPC in Blockchain Projects
Implementing JSON-RPC in blockchain projects involves integrating JSON-RPC libraries or frameworks into the client-side applications. For Python-based projects, developers can leverage libraries like jsonrpcclient and jsonrpcserver to interact with JSON-RPC endpoints. By following the JSON-RPC specifications and utilizing appropriate libraries, developers can streamline the integration of blockchain functionality into their applications, enabling seamless interaction with blockchain networks.
In conclusion, JSON-RPC serves as a versatile protocol for facilitating communication between clients and servers in blockchain networks. Its simplicity, flexibility, and interoperability make it an ideal choice for building robust and scalable blockchain applications. By understanding the fundamentals of JSON-RPC and its applications in the blockchain space, developers can leverage its capabilities to enhance the functionality and usability of their projects.

## Read these other three articles and further increase your knowledge of blockchain infrastructure.

- [What are RPC Nodes](https://www.ankr.com/blog/what-are-rpc-nodes-and-endpoints-the-complete-guide-2023/)	
- [RPC vs Rest](https://www.ankr.com/blog/rpc-vs-rest/)
- [RPC vs API](https://www.ankr.com/blog/rpc-vs-api/)

Discover how JSON-RPC enables applications to call functions on other programs. Explore its benefits, use cases, and how it simplifies communication across technologies.

What is Json-RPC and What is used for? All you need to Know!

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What is JSON-RPC, and what is used for?

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Ankr’s newly announced layer 1 blockchain for AI, Neura, has officially launched its public testnet. The testnet launch gives all developers the green light to build innovative dApps that blend AI and blockchain technology. This marks the beginning of our Road To Mainnet, a program that will encompass participation for both developers and token holders as we anticipate the launch of Neura’s live network later this year.

[**Apply to build on Neura now**](https://form.typeform.com/to/Txb6Kfqb)

**The Road To Mainnet includes:**

- **A developer competition to create innovative AI apps to launch on the testnet and future mainnet with $100k in rewards.**
- **ANKR token holder rewards program offering participants first dibs on joining IMOs from independent projects and AI models launching new tokens on the chain.**
- **The migration of ANKR tokens to the Neura layer 1 blockchain for securing the network**

**[Learn more about Neura](https://www.neuraprotocol.io/)**

## AI Innovators Competition

“We are thrilled to announce the launch of Neura's public testnet. As we roll out the AI Innovators competition, we anticipate the emergence of groundbreaking projects leveraging Neura's cutting-edge capabilities. This competition sets the stage for the Mainnet journey, poised to be enriched with innovative AI models that enhance our ecosystem. ANKR token holders will be granted the first opportunity to engage with and invest in these developments, experiencing firsthand the transformative potential of AI models and applications built on Neura."

– Kev Silk, Senior PM, Neura

The AI Innovators Competition is a developer contest for builders eager to explore Neura’s unique capabilities as both a blockchain and AI model launch platform. The competition targets developers and AI researchers to boost innovation on the Neura blockchain with the creation of decentralized AI models and apps. These applications will utilize Neura's advantages: a decentralized GPU marketplace, an Initial Model Offering (IMO) framework, and built-in functionalities specifically designed for AI.

The competition will focus on key areas like improving efficiency in developing, deploying, and operating AI models, increasing user engagement, and fostering positive network effects across both AI and blockchain sectors. Top developer projects will split $100,000 in ANKR token grants, with additional funds available for projects with high potential for ecosystem growth, exceptional innovation, or significant user adoption.

[**Sign up for the competition now!**](https://form.typeform.com/to/Txb6Kfqb)


## Neura’s Tech Stack Empowering Advanced dApp Development

The Neura blockchain is designed to provide a next-generation stack offering solutions to critical AI startup challenges like securing funding, obtaining GPU resources, and storing data efficiently. It does so with a blend of cloud computing, AI, and Web3 solutions built to democratize AI models and resources at every level.

Neura is an independent Cosmos SDK-based blockchain that utilizes its own consensus mechanism (CometBFT) rather than PoS like Ethereum. Ankr chose to build Neura based on the Cosmos SDK because it allows for superior scalability and interoperability to be built into the chain. This also allows us to easily bring in liquidity from other Cosmos-based chains.

**[Read the full Neura whitepaper](https://www.neuraprotocol.io/whitepaper.pdf)**

## ANKR Token Holder Rewards Program

An additional aspect of Neura’s Road To Mainnet is a program for ANKR token holder participation. As the ANKR token is Neura's universal currency, Road To Mainnet will incorporate a rewards system for ANKR holders, with special benefits granted when the Mainnet is released later in the year. Token holders will be given the first chance to invest in AI model tokens for shared ownership and revenue, among other advantages and reward opportunities.

**[Follow Ankr’s Twitter account for reward quests!](https://twitter.com/ankr)**

## Migrating ANKR To the Neura Blockchain

When the Neura mainnet is launched later this year, a portion of the ANKR token supply will be migrated to the new chain. Neura is EVM compatible, meaning that ERC 20 tokens (like ANKR) can operate on it. This is why Ankr didn’t need to create a new token for Neura, as ANKR tokens satisfy all the functionality needed to run Neura, like paying for GPU resources, participating in IMOs, and distributing GPU rewards for serving AI tasks.

Ankr will create a bridge for ANKR tokens to be transferred from Ethereum to Neura by locking a certain amount of ANKR tokens on the Ethereum blockchain and minting an equivalent amount on the Neura blockchain, so transactions on Neura using ANKR don’t require a direct Ethereum transaction each time. This ensures a gas-efficient experience with low fees for the whole Neura ecosystem.

## Stay Tuned for More Road To Mainnet Details

Keep an eye out for Ankr’s Twitter announcements, which will contain more information on how to participate in the Road To Mainnet as a developer or ANKR token holder. We hope you’re as excited as we are to take the first step in a new era of AI x blockchain innovation.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn more about Neura's Road To Mainnet for AI x Blockchain developers and ANKR token holders.

Neura Testnet and Road To Mainnet Program Launch

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We are proud to unveil our second AVS provider case study in Omni Network – an interoperability network that connects all Ethereum rollups securely through the use of restaking!

As a cornerstone technology behind Eigen Layer, Ankr provides the essential infrastructure that unlocks the power of Ethereum security for a new generation of Web3 protocols. This robust foundation eliminates scaling bottlenecks, enabling streamlined launch and operations for AVSs:

- Secure Node Operations: Ankr ensures the seamless operation of nodes, the backbone of any blockchain network.
- Innovative Liquid Staking Solutions: Ankr offers flexible staking options that allow users to participate in securing the network while maintaining access to their assets.
- Streamlined Scaling Services: Ankr simplifies the development process, expediting the launch of ambitious AVS projects.

**[Learn more about Ankr’s role in Eigen Layer](https://www.ankr.com/blog/ankr-s-core-role-in-eigen-layer-and-avs-operations/?page=1)**

## What Is Omni Network? Uniting Siloed Rollup Ecosystems

Omni Network is a layer 1 blockchain designed specifically to connect all rollups while solving the existential threat facing Ethereum: the fragmentation caused by so many disparate Layer 2s.  Here's the key takeaway:

- **Unifying Rollups:** Omni aims to fix the fragmentation issue caused by rollups on the Ethereum network. By creating a cohesive network, Omni Network allows users and their capital to move freely between different rollups. Think of the Omni L1 as a bridge between isolated rollup ecosystems, promoting network effects within the Ethereum ecosystem.

- **Restaking for Security:** Omni utilizes a unique concept called restaking to establish a high-performance interoperability network. This combines the security of Ethereum with the speed of a dedicated chain.

- **Low Latency:** This focus on speed allows for fast communication between different rollups on the network.

Overall, Omni Network aims to be the connective tissue for the entire rollup ecosystem on Ethereum, fostering a more unified and efficient Web3.

**[Learn more about Omni Network](https://omni.network/)**

## How Does Omni Benefit the Ethereum Rollup Ecosystem?

Omni Network acts as a bridge between different rollups, allowing them to work together and creating a more unified and user-friendly experience for everyone involved in the Ethereum rollup ecosystem.

- **Interoperability:** Omni Network allows for seamless communication between different rollups. This means users can transfer assets and interact with applications built on any rollup, regardless of which one they're currently using.

- **Unified Market:** By enabling interoperability, Omni creates a unified market for users and developers. Developers can build applications that work across all rollups, reaching a wider audience and benefiting from the combined liquidity of the entire ecosystem. Users have access to a broader range of applications and assets.

- **Global Applications:** Omni's infrastructure allows developers to create “global” applications that can dynamically deploy across all rollups, inheriting the security of Ethereum and the scalability benefits of rollups.

- **Reduced Fragmentation:**  By enabling communication and a unified market, Omni Network helps reduce fragmentation within the Ethereum rollup ecosystem. This strengthens the network effect and fosters a more vibrant and interconnected environment.

## How Are Ankr and Omni Working Together?

**Ankr Operating Nodes for Omni:** By opting in as an AVS node operator for Omni, Ankr commits to providing an essential service for the project. This includes operating validators for Omni and ensuring smooth and secure operations for the protocol.

- High-performance node operations for AVS
- Distributed validation
- Around-the-clock support & maintenance

**[Contact Ankr to run your AVS nodes](https://meetings-eu1.hubspot.com/arsalan?uuid=d5726b8b-3c8f-434f-8e69-4db60d6db54d)**

**Integrating Omni with Ankr RaaS:** Ankr’s Rollup as a Service will integrate Omni to provide developers with the choice of having enhanced interoperability for their new rollup.

- Enhanced interoperability for new L2s
- Offers additional tool for Ankr RaaS
- Provides new opportunities for L2s

**[Learn more about Ankr RaaS](https://www.ankr.com/rollup-as-a-service-raas/)**

## Final Thoughts

Our collaboration with Omni is just one of the ways Ankr is working to support the ecosystem of innovation brought about by Eigen Layer. Stay tuned for our work with more AVS protocols coming soon.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn more about Ankr's solutions for Omni's interoperability protocol and the Eigen Layer AVS ecosystem.

Ankr Supporting the Omni AVS To Unite All Rollups

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Brevis coChain has become our newest Eigen Layer AVS client and collaborator on Day 1 of their mainnet launch. Together, we're enabling smart contracts to utilize the full historical on-chain data from any chain, and run customizable computations in a completely trust-free way.

## Providing a Complete Solution for Eigen Layer AVS Protocols

Ankr is helping make a powerful new generation of Web3 protocols possible by providing the essential infrastructure that unlocks shared security with Ethereum for innovative projects deploying with Eigen Layer. Ankr acts as the cornerstone technology behind the Eigen Layer, eliminating the limitations that previously hindered growth. With seamless AVS node operation, innovative liquid staking solutions, and Rollups as a Service platform, Ankr is expediting the launch of these ambitious Web3 projects.

**[Learn more about Ankr’s role in Eigen Layer](https://www.ankr.com/blog/ankr-s-core-role-in-eigen-layer-and-avs-operations/?page=1)**

## What Is Brevis Network and Brevis coChain AVS?

Brevis is a smart zero-knowledge coprocessor that empowers smart contracts to read from and utilize the full historical on-chain data from any chain and run customizable computations in a completely trust-free way. Using Brevis, developers can create a multitude of data-driven features — DEXes are able to build [VIP loyalty programs](https://twitter.com/UniswapFND/status/1719760883965149501) based on a user’s past trading volume; active liquidity management protocols can trigger predefined user intents with ZK-verified on-chain states and events; AMMs can have strong LVR protection and more robust farming reward distribution programs; protocols can utilize [multi-dimensional ZK-reputation](https://twitter.com/TrustaLabs/status/1768114687089295770) metrics to segment users and provide a personalized UX based on an address’s on-chain footprint.

Initially, Brevis operated only via a "pure-ZK" model, wherein ZK proofs were always generated upfront and verified on-chain before coprocessing results could be used. While the pure-ZK model provides simplicity and a trustless framework, many dApps seek a more flexible solution that can be cost-effective across different scenarios based on the value and time sensitivity of a request, while still ensuring security through robust ZK guarantees.

To meet this demand, Brevis introduced the coChain AVS powered by EigenLayer restaking, marking the beginning of a novel ZK Coprocessor architecture that **combines the strengths of crypto-economic security and ZK fraud proof**. Upon receiving a request, the Brevis coChain first produces crypto-economically secured coprocessing "proposals", which are open to "challenges" through ZK fraud proofs. In the majority of cases where challenges are not initiated, the results can be used directly in smart contracts without incurring the steep costs associated with ZK proof generation and verification. In addition to significantly lower costs, the introduction of the coChain AVS also supports essential features like proof of non-existence and proof of completeness, which were previously very difficult to attain using the pure-ZK framework.

**[Learn more about Brevis](https://brevis.network/)**

## How Does Brevis Benefit Ethereum and Other Blockchains?

Brevis can reduce on-chain workloads, enhance security, and unlock new functionalities, positioning it as a valuable tool for developers building scalable and secure blockchain applications.

- **Migrating Heavy Computation Off-chain:** Smart contracts require an infeasible amount of computational resources to execute data-driven or complex logic, resulting in impractical fees and wait time on the users’ end. To resolve that, Brevis migrates the computation off-chain and allows smart contracts to access full historical on-chain data and run customizable computations in a trust-free manner. With advanced ZK cryptographic algorithms and large-scale parallel computing, Brevis can process complex computations on thousands of transactions in just a few minutes.

- **Enhanced Security and Privacy:** Brevis' zero-knowledge proofs ensure the validity of data access and computations without the need to reveal the underlying data. This enhances the throughput of Ethereum while safeguarding user privacy.
- **Facilitating Interoperability:** Brevis plays a big role in fostering interoperability between blockchains. By enabling trustless data access and verification on various chains, Brevis creates opportunities for DeFi protocols and other applications to build data-driven features across different blockchain ecosystems.

## How Are Ankr and Brevis Working Together?

**Ankr Operating Nodes for Brevis coChain AVS:** By opting in as an AVS node operator for Brevis coChain, Ankr commits to providing an essential service for the project. This includes operating validators for Brevis coChain and ensuring smooth and secure operations for the protocol.

- High-performance node operations for AVS
- Distributed validation
- Around-the-clock support & maintenance

**[Contact Ankr to run your AVS nodes](https://meetings-eu1.hubspot.com/arsalan?uuid=d5726b8b-3c8f-434f-8e69-4db60d6db54d)**

**Partnering Brevis with Ankr RaaS:** Ankr’s Rollup as a Service will provide developers with the choice of having an integration with Brevis to build trustless data-driven dApps

- Enhanced interoperability for new ZK L2s
- Provides trustless data access and computation for L2s

**[Learn more about Ankr RaaS](https://www.ankr.com/rollup-as-a-service-raas/)**

## Final Thoughts

Our collaboration with Brevis is just one of the ways Ankr is working to support the ecosystem of innovation brought about by Eigen Layer. Stay tuned for our work with more AVS protocols coming soon.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn more about Ankr's collaboration with Brevis via Eigen Layer node operations!

Ankr Becomes Brevis coChain AVS Mainnet Operator

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**Bitcoin staking** represents a pivotal innovation in the DeFi space, enabling investors to earn rewards with their Bitcoin holdings. 

Functioning on a Proof-of-Work (PoW) consensus model, the Bitcoin network was designed in such a way that rewards are mined. This means that, unlike Proof-of-Stake (PoS) blockchains like Ethereum, Bitcoin can’t be staked directly.  

However, it is still possible to “stake” Bitcoin, by creating tokenized versions of BTC to be used in the DeFi ecosystem of Ethereum and other chains. This comprehensive guide delves into the mechanics of Bitcoin staking, providing a step-by-step walkthrough for engaging in the staking process.

## What is Bitcoin Staking?
[Ankr and the Babylon](https://www.ankr.com/blog/ankr-and-babylon-launching-first-bitcoin-staking-solution/) protocol have collaborated to create the first solution for staking Bitcoin. Staking Bitcoin is a process that allows Bitcoin holders to lock up their coins on the Bitcoin network before minting new tokens that represent the value of their BTC on the PoS blockchain of their choice. This provides a way to participate in Web3 network operations, akin to how one might stake tokens in various Proof of Stake (PoS) blockchains. 

- BTC holders elect to stake their bitcoin via Ankr Staking.
- Their chosen amount of BTC is then locked on the Bitcoin blockchain where it is subject to the slashing conditions normally associated with staking.
- Stakers then choose which PoS networks they would like to stake to that are part of the Babylon protocol.
- Stakers then receive new [Liquid Staking](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/) Tokens (LSTs) minted on their chosen PoS chain that represent the value of their BTC plus accrued staking rewards.
- Stakers can choose to unstake and unlock their BTC at any time while claiming their accumulated staking rewards. 


## Why investors should stake or consider staking Bitcoin
Bitcoin staking introduces a method to earn passive income on assets that would otherwise remain idle in wallets. This is especially appealing during a bull market, providing a more stable income stream alongside potential capital gains from price appreciation.

## How Bitcoin Staking Works
Through collaborations such as Ankr and Babylon's, Bitcoin can be staked in a way that secures PoS networks. Babylon's protocol enables Bitcoin holders to lock their BTC, which then gets utilized in PoS systems, thereby boosting their security and economic robustness.

The process involves locking BTC on the Bitcoin chain while minting new tokens on PoS chains, creating a function that allows Bitcoin to participate in staking mechanisms indirectly. This is achieved through [liquid staking tokens](https://www.ankr.com/staking-crypto/) (LSTs) that represent the staked BTC on PoS networks.

[Learn more about how Babylon works](https://babylonchain.io/learn)

## Staking Bitcoin vs. Mining Bitcoin

### Mining
Mining Bitcoin requires computational power to solve complex algorithms. In the old days, it was possible to mine using a personal computer. However, mining difficulty has gone up considerably since then. 

Nowadays, Bitcoin mining is mostly done by companies instead of individuals. It can only be done profitably through specified equipment, called ASICs, and in places where energy prices are favorable. 

### Staking
Staking is a straightforward process. Users simply need to lock up their Bitcoin and they are already supporting the security and consensus of other networks.

### Mining vs Staking
Setting up a Bitcoin mining operation is complex, expensive, and risky. Not only are ASICs expensive to buy, but they also require maintenance and efficient cooling methods. 

These factors make Bitcoin staking a more simple and viable option, especially for retail investors. While there are still risks involved in Bitcoin staking, it is a much simpler process that doesn't require a large amount of capital. 

## Benefits of Staking Bitcoins
Here are the benefits of staking Bitcoin:

- **Passive Income:** Potential to earn rewards on holdings.
- **Security Enhancement:** Contributes to the security of multiple blockchain networks.
- **Simplicity:** Staking is an easy and quick process.

## How to Calculate Bitcoin Staking Rewards
Calculations typically depend on the specific protocol's reward structure, the amount of BTC staked, and network conditions. Detailed formulas or calculators provided by staking platforms can offer precise estimates.

Factors Affecting Bitcoin Staking Rewards:

- Total amount staked
- Network conditions
- Inflation rates of the PoS tokens
- Protocol-specific reward mechanisms

## Babylon Bitcoin Staking: An Overview
Babylon introduces a novel protocol for Bitcoin holders to stake directly on proof-of-stake (PoS) blockchains without third-party custody or wrapping, enhancing the security and economic resilience of PoS systems. This mechanism is a significant leap forward, merging Bitcoin's value with PoS networks efficiently and securely.

The collaboration between Babylon and Ankr is central to this initiative. Ankr's development of Liquid Staking Tokens (LSTs) for staked Bitcoin ensures its seamless integration across PoS chains, maintaining liquidity and security. 

Key Features

- **Trustless and Scalable:** The protocol offers a decentralized environment for Bitcoin staking, ensuring staked assets are secure and recoverable as long as protocol guidelines are respected.
- **Economic Security:** Babylon's protocol provides economic security guarantees to PoS chains, allowing for efficient and secure unbonding of staked Bitcoin to maintain liquidity.
- **Simplified Unbonding:** The protocol enables quick and secure access to staked assets without the need for social consensus.

The joint venture between Babylon and Ankr marks a flexible and secure advancement in integrating Bitcoin with the PoS landscape, thus establishing a new benchmark in the DeFi landscape. 

## Frequently Asked Questions (FAQ) about Staking Bitcoin

### Is it possible to stake Bitcoin? 
Yes, through protocols like Babylon, facilitated by Ankr Staking.

### How much can you make staking Bitcoin? 
Returns vary based on network conditions and the amount of BTC staked.

### Is it worth staking BTC? 
It can be, for those looking for a simple way to earn rewards on their Bitcoin holdings.

### Is Bitcoin staking profitable? 
Profitability depends on market conditions, reward structures, and individual strategies.

### Can I lose my Bitcoin if I stake it? 
Staking through reputable platforms minimizes risks, but it's crucial to understand any platform-specific risks involved.

### Where is the best place to stake BTC? 
Platforms leveraging trusted protocols like Babylon and supported by experienced infrastructure providers like Ankr are preferred.

### Rates to staking Bitcoin? 
Rates depend on the specific staking protocol and market conditions.

### Risks to staking Bitcoin? 
Potential risks include smart contract vulnerabilities, market volatility, and protocol-specific risks.

All about Bitcoin Staking. Unlock the potential of staking Bitcoin! Learn its mechanics, current rates, and dive deeper into this transformative aspect of cryptocurrency. 

Staking Bitcoin: What is, how it works, rates and much more [2024]

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Staking Bitcoin: What is, how it works, and rates [2024]

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Ankr Staking Team

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The introduction of Layer 2 solutions like Blast Crypto L2 has been a game-changer for scalability and transaction efficiency. As a crypto specialist catering to staking enthusiasts, we dive deep into the mechanics, benefits, and potential of Blast Crypto, providing a comprehensive guide to understanding and leveraging this innovative platform.

[Start building with Ankr’s Blast RPC](https://www.ankr.com/rpc/blast/)

## What is Blast Crypto?
Blast Crypto represents a pioneering stride in blockchain technology, aiming to address the perennial issues of scalability and transaction bottlenecks faced by Layer 1 (L1) blockchains. By introducing a Layer 2 (L2) solution, Blast Crypto enhances transaction speed and efficiency, making it a promising option for developers and users alike.

- **Blast** Crypto is an advanced Layer 2 (L2) scaling solution designed to overcome the scalability limitations of Layer 1 (L1) blockchains like Ethereum.

### What is a Crypto L2?
A Crypto L2, or Layer 2, is a secondary framework or protocol built atop a main blockchain (Layer 1). Its primary aim is to increase the blockchain's transaction capacity and speed by handling transactions off the main chain. This is crucial for decongesting the network and lowering transaction fees, thereby facilitating a smoother user experience.

## How Does Blast Crypto L2 Support the L1?
Blast Crypto L2 supports the underlying L1 blockchain by taking a bulk of transaction processing off-chain. This not only speeds up transactions but also significantly reduces fees. The integration of the Blast L2 RPC (Remote Procedure Call) protocol ensures seamless communication between the L1 and L2, maintaining the network's security and integrity while enhancing its scalability.

- **Blast Crypto L2** seamlessly integrates with L1 blockchains like Ethereum to alleviate congestion and network inefficiencies.


## How Does Blast Work Under the Hood?
The engine behind Blast Crypto L2 is a sophisticated combination of state channels, sidechains, and rollups. These technologies work together to move transactions off the main chain, process them on the L2, and then batch them back to the L1. This process, often referred to as "blasting," ensures a faster and more cost-effective transaction experience.

## Blast Bridge Crypto: Building Connections Across Networks
The Blast Bridge Crypto plays a pivotal role in interconnecting various blockchain networks. By enabling the seamless transfer of assets between different chains, the Blast Bridge facilitates a more interconnected and efficient ecosystem, where users can easily access and transact across networks.

## How Blast Crypto L2 Boosts the Layer 2 Experience
By leveraging advanced cryptographic techniques and smart contract functionalities, Blast Crypto L2 enhances the overall L2 experience. It offers a robust platform for developers to build decentralized applications (dApps) without worrying about the limitations of the underlying blockchain. The platform's scalability and reduced gas fees make it an attractive option for projects looking to offer a seamless user experience.

[Get free Blast endpoints now](https://www.ankr.com/rpc/blast/)

## How to Connect to Blast Mainnet
Connecting to the Blast Mainnet involves setting up your wallet to interact with the Blast L2 RPC. This process typically includes configuring your wallet's network settings to connect to the Blast RPC URL, enabling transactions and interactions on the Blast network. The simplicity and ease of connecting to the Blast Mainnet encourage broader adoption among users and developers.

## Why You Should Consider Building Using Blast Crypto L2
For developers and projects contemplating the next blockchain to build on, Blast Crypto L2 offers compelling advantages. Its scalability, reduced transaction fees, and high throughput make it an ideal platform for developing dApps that require high performance and a good user experience. Moreover, its compatibility with existing Ethereum tooling lowers the barrier to entry for developers.

## What Are the Expectations for Blast?
The expectations for Blast Crypto are sky-high, with many envisioning it as a cornerstone for the next wave of blockchain development. Its ability to provide a scalable, efficient, and user-friendly platform positions it as a key player in the future of decentralized applications and blockchain technology as a whole.

In conclusion, Blast Crypto L2 emerges as a potent solution to the scalability and efficiency challenges plaguing traditional blockchains. By harnessing the power of L2 solutions, Blast Crypto not only enhances the blockchain landscape but also opens up new possibilities for developers, stakeholders, and users. As the platform continues to evolve, its impact on the crypto ecosystem is expected to be significant, making it a worthwhile consideration for anyone looking to build or invest in the future of blockchain technology.

[Develop dApps on Blast with Ankr’s RPC](https://www.ankr.com/rpc/blast/)

## If you are looking to expand your knowledge about Web3 infrastructure, we strongly recommend to explore these articles:

1. [RPC vs REST in Blockchain Infrastructure](https://www.ankr.com/blog/rpc-vs-rest/)
2. [Difference Between RPCs and APIs](https://www.ankr.com/blog/rpc-vs-api/)
3. [What Are RPC Nodes and Endpoints?](https://www.ankr.com/blog/what-are-rpc-nodes-and-endpoints-the-complete-guide-2023/)

Embark on a journey through Blast Crypto L2 protocol! Discover its prowess in revolutionizing blockchain scalability and transaction efficiency. Explore today!

Blast Crypto L2: All you need to know about this Layer 2 protocol!

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Blast Crypto L2: Unveiling the Future of Scalability and Efficiency

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Ankr serves as a critical pillar for Eigen Layer, providing the underlying infrastructure for its essential functionality to bring Ethereum security to every new Web3 protocol without scaling challenges. This includes secure node operations, innovative liquid staking solutions, and streamlined scaling services that expedite the launch of new [AVS](https://www.ankr.com/blog/ankr-is-now-the-premier-node-operator-for-eigen-layer-avs-protocols/?page=1) projects.

We are proud to unveil a case study for WitnessChain – one of the first AVSs we are collaborating with in multiple ways to further Web3 innovation across the board in DePIN, shared security, and scalability.

**[Learn more about Ankr’s role in Eigen Layer](https://www.ankr.com/blog/ankr-s-core-role-in-eigen-layer-and-avs-operations/?page=1)**

## What Is WitnessChain? Unifying DePIN Economies

WitnessChain is the EigenLayer AVS for DePIN coordination. It is the first physical state consensus protocol that is unifying a siloed DePIN economy. Through WitnessChain, a shared economy of integrated physical assets is unlocked, facilitating the exchange of resources like computing power, communication, energy, storage, and beyond. Here's a breakdown:

- **Composable:** WitnessChain enables DePIN projects to share info about their physical locations, network capacities and more. This will allow DePINs to connect with each other, establishing an end-to-end supply chain of decentralized infrastructure.
- **Programmable:** WitnessChain unlocks innovation in the DePIN ecosystem by enabling new applications to be built by combining value from various DePINs. Imagine a future with better financial instruments for DePINs.
- **Decentralized:** For Web3 to achieve genuine security, global participation is essential. Proof of Location incentivizes the physical decentralization of networks, rewarding operators located across diverse geographic regions.

**[Learn more about Witness Chain](https://www.witnesschain.com/)**

## What Is DePIN? A Review

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DePIN is one of the biggest blockchain trends of 2024 because of its massive implications for the real-world use cases of Web3 and crypto. Decentralized Physical Infrastructure Networks harness blockchain technology and crypto incentives to conglomerate and coordinate resources that exist in the real world. This is an extremely powerful idea as it can change the way we provide and source goods and services.

**[Read more about DePIN](https://www.ankr.com/blog/depin-decentralized-physical-infrastructure/?page=1&search=depin)**

## How Do Witness Chain Watchtowers Help DePIN Networks?

Witness Chain ‘Watchtower’ nodes act like independent auditors for DePIN networks. They verify actions, ensure physical infrastructure exists, and help DePINs work together, creating a more robust and trustworthy decentralized infrastructure landscape. Watchtowers act as the trust factor for DePIN networks by enabling several key functionalities:

- **Proof of Diligence:** These watchtowers verify that computations happening within L2 rollup networks are executed correctly by constantly watching for and cross-verifying L2 state assertions made on the L1, and witnessing that L2 transactions are included in a block. This ensures the overall integrity and security of the network.

- **Proof of Location and Proof of Bandwidth:** WitnessChain is introducing functionalities like Proof of Location and Proof of Bandwidth. These will allow verification of the physical location of DePIN infrastructure and the actual network bandwidth available. Once two physically separated pieces of infrastructure recognize each other’s locations and can ensure enough connectivity - they can communicate with each other to exchange value, drive demand, enhance reliability, and reduce redundancy.

- **DePIN Coordination Layer:** By enabling DePIN projects to share information like location and capacity, watchtowers help create an interconnected ecosystem. This allows DePINs to connect and potentially form an end-to-end supply chain of decentralized infrastructure. It will unlock functionalities such as dual-staking, and improve access of financial instruments to DePINs.

## How Are Ankr and WitnessChain Working Together?

**Ankr Operating Nodes for WitnessChain:** By opting in as an AVS node operator for WitnessChain, Ankr commits to providing an essential service for the project. This includes operating validators for WitnessChain and ensuring smooth and secure operations for the protocol.

- High-performance node operations for AVS
- Distributed validation
- Around-the-clock support & maintenance

**[Contact Ankr to run your AVS nodes](https://meetings-eu1.hubspot.com/arsalan?uuid=d5726b8b-3c8f-434f-8e69-4db60d6db54d)**

**Integrating WitnessChain Watchtowers with Ankr RaaS:** Ankr’s Rollup as a Service will integrate WitnessChain to provide developers with the choice of having an extra layer of security with witness chain watchtowers monitoring their chain.

- Enhanced security for new L2s
- Offers additional tool for Ankr RaaS
- Provides new opportunities for L2s

**[Learn more about Ankr RaaS](https://www.ankr.com/rollup-as-a-service-raas/)**

**Using Proof of Location from Witness:** Ankr’s Ultra Sound Infrastructure network is a DePIN that provides the critical service of decentralizing the RPC layer of Web3. Ankr will implement PoL to act as a location verification layer for the Ultra Sound Infrastructure initiative. This will strengthen trust within our DePIN ecosystem with proof of the decentralization and distribution of the program.

- Verifies location data of nodes
- Boosts trust in Ultra Sound DePIN
- Amplifies decentralized RPC infra for Web3

**[Learn more about Ultra Sound Infrastructure](https://www.ankr.com/blog/ankr-s-new-de-pin-partners/?page=2)**

## Final Thoughts

Our collaboration with WitnessChain is just one of the ways Ankr is working to support the ecosystem of innovation brought about by Eigen Layer. Stay tuned for our work with more AVS protocols coming soon.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn more about Ankr's collaboration with WitnessChain to unite DePIN economies across Web3.

Ankr & WitnessChain Team Up For DePIN and AVS Innovation

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As blockchain technology continues to evolve, developers are faced with numerous architectural decisions, one of the most crucial being the choice between Remote Procedure Call (RPC) and Representational State Transfer (REST) for facilitating communication within their blockchain infrastructure. In this comprehensive analysis, we delve into the intricacies of RPC vs REST in the context of blockchain development, examining their main differences, performance evaluations, compatibility challenges, security implications, and real-world use cases.

## RPC vs REST Main Differences
RPC and REST are two distinct communication protocols commonly used in blockchain infrastructure. RPC, as the name suggests, enables a client to invoke procedures or functions on a remote server. On the other hand, REST, which stands for Representational State Transfer, relies on stateless communication via standard HTTP methods such as GET, POST, PUT, and DELETE.

While RPC typically employs a more procedural approach, REST follows a more resource-oriented architecture. [RPC](https://www.ankr.com/blog/what-are-rpc-nodes-and-endpoints-the-complete-guide-2023/) tends to be more tightly coupled, with direct function calls, whereas REST emphasizes loose coupling and scalability through its uniform interface.

- **RPC:** Enables remote execution of functions on a server.
- **REST:** Relies on stateless communication via standard HTTP methods.

## A Brief Explanation of Communication Protocols in Blockchain
In blockchain networks, communication protocols play a critical role in enabling nodes to interact with each other. These protocols dictate how information is transmitted, validated, and processed within the network. Common communication protocols include TCP/IP, HTTP, WebSocket, and, pertinent to our discussion, RPC and REST.

TCP/IP (Transmission Control Protocol/Internet Protocol) forms the backbone of internet communication, providing reliable and ordered delivery of data packets. HTTP (Hypertext Transfer Protocol) is built on top of TCP/IP and is widely used for web-based communication. WebSocket enables bidirectional communication channels over a single TCP connection, facilitating real-time data exchange. RPC and REST, while both utilizing HTTP as the underlying transport protocol, differ in their architectural principles and communication patterns.

## A Deep Dive into How Remote Procedure Calls (RPCs) Work
RPC, a protocol that allows a program to execute code on a remote system as if it were local, plays a significant role in blockchain infrastructure. It enables nodes to communicate and invoke methods or procedures on a remote server, facilitating seamless interaction within the network. JSON-RPC (JavaScript Object Notation Remote Procedure Call) is a popular implementation of RPC in blockchain systems, leveraging JSON for data serialization and HTTP for transport.

In the context of blockchain development, RPC is commonly used for tasks such as querying blockchain data, submitting transactions, and managing network nodes. Developers can leverage RPC libraries and APIs to interact with blockchain nodes programmatically, enabling automation and integration with external systems.

- **JSON-RPC:** Popular implementation leveraging JSON for data serialization and HTTP for transport.

## REST in the Blockchain Era: A Framework Overview
REST, characterized by its stateless communication model and resource-oriented architecture, has gained prominence in blockchain development due to its simplicity and scalability. In a RESTful blockchain infrastructure, resources such as blocks, transactions, and smart contracts are exposed via uniform resource identifiers (URIs), and interactions are performed using standard HTTP methods.

REST APIs provide a standardized way for clients to access and manipulate blockchain data, making it easier to develop decentralized applications (dApps) and integrate blockchain functionality into existing systems. RESTful architectures promote modularity, interoperability, and flexibility, enabling seamless communication between disparate components within the blockchain ecosystem.

- **Resource-Oriented Architecture:** Resources exposed via URIs, interactions via standard HTTP methods.

## RPC vs REST in Blockchain
When evaluating RPC vs REST in the context of blockchain development, it's essential to consider various factors such as performance, compatibility, security, and developer experience. While RPC offers direct method invocation and efficient data serialization through protocols like JSON-RPC, REST provides a more standardized and scalable approach to building decentralized applications.

## Performance Evaluation of RPC and REST in Blockchain
Performance is a crucial consideration in blockchain infrastructure, where every transaction must be processed and validated efficiently. When comparing the performance of RPC and REST in blockchain environments, factors such as latency, throughput, and resource utilization come into play. RPC's more direct communication model may offer lower latency and higher throughput for certain use cases, particularly those involving frequent method calls or real-time interactions.

## Compatibility Challenges: Language and Protocol Support in RPC and REST
Compatibility challenges can arise when integrating blockchain infrastructure with existing systems or across different programming languages. RPC ([Remote Procedure Call](https://www.ankr.com/remote-procedure-call/)) implementations may vary in language support and protocol compatibility, requiring developers to choose libraries or frameworks that align with their specific requirements. REST, with its standardized HTTP-based interface, offers broader compatibility and interoperability across diverse platforms and languages, making it a preferred choice for building decentralized applications with multi-language support.

## RPC vs REST: Comparison Between Protocol Security
Security is paramount in blockchain infrastructure, where sensitive data and assets are managed and transferred. When comparing the security implications of RPC and REST, it's essential to consider factors such as authentication, authorization, encryption, and data integrity. RPC implementations may rely on authentication mechanisms such as basic access authentication or [API ](https://www.ankr.com/blog/rpc-vs-api/) keys, whereas RESTful architectures often utilize token-based authentication schemes such as OAuth.

- **Performance Evaluation:** Consider latency, throughput, and resource utilization.

## Choosing Between RPC and REST for Blockchain Development
Choosing between RPC and REST for blockchain development ultimately depends on the specific requirements and constraints of the project. RPC may be preferred for applications requiring low latency, real-time interactions, or tight integration with existing systems. REST, on the other hand, offers a more standardized and scalable approach, making it suitable for building decentralized applications with broad compatibility and interoperability.

- **RPC for Blockchain Development:** Preferable for low-latency, real-time interactions or tight system integration.
- **REST for Blockchain Development:** Suitable for standardized, scalable applications with broad compatibility.

## Real cases using RPC and REST API
Several real-world use cases demonstrate the practical applications of RPC and REST in blockchain infrastructure. For example, cryptocurrency wallets often utilize RPC APIs to interact with blockchain nodes for querying balances, sending transactions, and managing addresses. Decentralized exchanges (DEXs) may employ RESTful APIs to enable trading, liquidity provision, and market data retrieval across multiple blockchain networks.

## Final Thoughts On RPC vs Rest 
In summary, the choice between RPC and REST in blockchain development involves trade-offs between performance, compatibility, security, and developer experience. While RPC offers direct method invocation and efficient data serialization, REST provides a standardized and scalable approach to building decentralized applications. Developers should carefully evaluate their project requirements and constraints to determine the most suitable communication protocol for their blockchain infrastructure.

## Join the Conversation on Ankr’s Channels!
[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)


Discover the key differences between RPC and REST, helping you choose the right approach for your distributed systems and APIs!

RPC vs REST: Main Differences and which one to choose!

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A Deep Analysis: RPC vs REST in Blockchain Infrastructure

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Since 2017, Ankr has gained a reputation as one of the most reliable node operators in the blockchain industry across nearly every major network. Reliable node operation is the bedrock of secure and trustworthy blockchain ecosystems, and Ankr has emerged as a leader in this space by providing robust, global node infrastructure enabling higher performance. This fosters a more secure and scalable blockchain environment, which is vital for the continued growth and adoption of the Web3 industry.

Our reputation for node operations was a key factor in Ankr’s recent inclusion in the Eigen Layer ecosystem. This article explains the role Ankr is currently playing in providing infrastructure for the protocols building on Eigen Layer, known as Actively Validated Services or AVSs.

**[Contact Ankr’s Team for AVS Node Operations](https://meetings-eu1.hubspot.com/arsalan)**

## What Are Actively Validated Services (AVS) On Eigen Layer?

Actively Validated Services (AVS) encompass a broad spectrum of systems that require unique validation services for their verification processes. This includes, but is not limited to, sidechains, data availability layers, new virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments. AVS represents the cutting edge of blockchain scalability, security, and functionality, requiring specialized, active participation from node operators to maintain the integrity and efficiency of these services.

## What Role Does Ankr Perform As An AVS Node Provider?

By opting in as a node operator, Ankr commits to providing a range of essential services to various AVSs. This includes operating validators for each of the AVSs we support, participating in distributed validation processes, enhancing network security, and contributing to the overall functionality of the AVS ecosystems we support. Our active involvement ensures that these advanced services can operate smoothly, securely, and in a more decentralized manner.

**[Learn more about Ankr’s role in Eigen Layer](https://www.ankr.com/blog/ankr-s-core-role-in-eigen-layer-and-avs-operations/?page=1)**

## Ankr Is Becoming the Node Operator of Choice for AVS Projects

Due to the strength of our node operations, a large variety of AVS protocols have already chosen Ankr as a node provider:

- **[Aethos](https://aethos.network/)**: A policy engine for smarter contracts; abstracting away pre-transaction computation while maintaining decentralization.
- **[EigenDA](https://docs.eigenlayer.xyz/eigenda/overview/)**: EigenDA, the first AVS on EigenLayer, empowers rollups with cost-efficient, hyperscale-throughput data availability, with shared cryptoeconomic security provided by EigenLayer restakers.
- **[Espresso](https://www.espressosys.com/)**: Decentralized sequencing using restaking for Ethereum alignment and strong economic security.
- **[Hyperlane](https://www.hyperlane.xyz/)**: Using EigenLayer to enable interchain app developers to secure messages using restaked economic security.
- **[Lagrange](https://www.lagrange.dev/)**: Lagrange State Committees use restaking to build a secure and extensible light client for optimistic rollups.
- **[Near](https://near.org/)**: Building a fast finality layer to improve composability and liquidity within the Ethereum rollup ecosystem.
- **[Omni](https://omni.network/)**: Low latency interoperability network that connects all Ethereum rollups securely through the use of restaking.
- **[Witness Chain](https://www.witnesschain.com/)**: Watchtower network using restaking for Proof of Diligence and ensuring rollup security, as well as for Proof of Location.

## Why Ankr’s Node Infrastructure Is the Top Choice for Web3 Protocols

### High Performance

Ankr consistently performs at the highest standards of participation and success rates for validator node operators.

### Global Distribution

Ankr’s node infrastructure is distributed across independent data centers worldwide. Ankr has been installing nodes for years in 30 of the various cloud regions in North America, South America, Europe, the Middle East, Asia, Oceania, and Africa.

### Track Record of Reliability

Ankr consistently performs at the highest standards of uptime for providers. We have the added benefit of being more resistant to outages that occasionally affect less distributed providers.

## Benefits of Partnering with Ankr

AVSs on Eigen Layer can leverage Ankr's extensive experience as a node operator to gain a reliable, scalable, and high-performance infrastructure for their applications. Additionally, Ankr provides infrastructure for every step of the development process and helps AVS projects get up and running many times faster with a suite of products and services to help developers build. Ankr’s Scaling Services (Rollups and Sidechains as a Service) offer an easy path forward in creating new modular layer 2 blockchains with the ability to integrate with the various data availability layers, oracle networks, bridges, and other protocols operating as Eigen Layer AVSs.

## Contact Ankr To Become Your AVS Node Provider

In short, by choosing Ankr as their node operator, AVSs can focus on development and innovation, leaving the critical infrastructure tasks to a trusted and experienced partner. This paves the way for a more secure, scalable, and performant Eigen Layer ecosystem.

**[Choose Ankr To Run Your AVS Nodes](https://meetings-eu1.hubspot.com/arsalan)**

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn more about Ankr's core role in supporting the Eigen Layer ecosystem.

Ankr Is Now the Premier Node Operator for Eigen Layer AVS Protocols

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Ankr has become an integral part of Eigen Layer as we provide the infrastructure behind its core components, such as node operations, liquid staking, and Scaling Services that streamline the launch of new AVS projects. This article dives into Ankr’s core role in Eigen Layer operations while providing a refresher on Eigen Layer’s principles.

## Why Eigen Layer for Web3 Development?

Simply put, [Eigen Layer](https://www.eigenlayer.xyz/) is a security layer that new protocols can plug into and avoid the immense amount of work it takes to bootstrap validation and staked capital from scratch. This shared security model makes it easier and cheaper for developers to build new protocols while inheriting the security of the Ethereum network (without its scaling issues). It also helps improve scalability for the overall Ethereum ecosystem.

- **Shared Security:** New protocols typically need their own security measures in place to function safely. Building robust security from scratch can be expensive and time-consuming for developers. Eigen Layer allows new protocols to leverage the existing, battle-tested security of the Ethereum network. This is because Eigen Layer enables them to restake ETH that's already securing Ethereum. Essentially, new protocols piggyback on the security of Ethereum, making them more secure without needing to build everything themselves.
- **Faster Development and Lower Costs:** By not having to focus on building their own security infrastructure, developers can concentrate on building the core functionalities of their new protocols. This can significantly speed up development times and reduce costs associated with security development.
- **Scalability Benefits:** Eigen Layer can help address scalability issues on the Ethereum network. It does this by offloading some of the data storage burden from Ethereum to itself. This can lead to faster transaction processing and lower fees for new protocols built on Eigen Layer.

[Learn more about how Eigen Layer works](https://www-stage.ankr.com/blog/ankr-and-eigen-layer-transforming-web3-infrastructure-with-complete-modular-solutions/?page=3)

## What are Eigen Layer AVS Projects (Actively Validated Services)

In Eigen Layer, Actively Validated Services (AVSs) are the term used for specialized protocols and applications that build on top of Ethereum's existing security without its scalability constraints. These AVSs provide various functionalities to the blockchain ecosystem, and Eigen Layer allows them to leverage the security of Ethereum without needing to set up their own complex validation systems.

Think of AVSs like apps on your phone, but for the blockchain. Just like apps offer different features (games, social media, etc.), AVSs offer various functionalities like:

- Storing data more efficiently and cheaply (data availability layers)
- Enabling faster transactions (sidechains)
- Connecting different blockchains (bridges)
- Running new types of programs (virtual machines)

[Learn more about Eigen Layer AVS](https://www.ankr.com/blog/how-ankr-optimizes-eth-staking-through-actively-validated-services-av-ss/?page=1&search=avs)

## How Is Ankr Supporting Eigen Layer AVS Projects?

Ankr is supporting Eigen Layer by facilitating ETH restaking (with ankrETH), assisting AVS projects with their node operations, and offering an entire scaling suite to help them build. Ankr provides infrastructure for every step of the development process and helps AVS projects get up and running many times faster with a suite of products and services to assist developers.

**[Node Provider](https://www.eigenlayer.xyz/ecosystem?category=AVS%2CRollup%2COperator):** By opting in as a node operator, Ankr commits to providing a range of essential services to various AVSs. This includes operating validators for each of the AVSs we support, participating in distributed validation processes, enhancing network security, and contributing to the overall functionality of the AVS ecosystems we support. Our active involvement ensures that these advanced services can operate smoothly, securely, and in a more decentralized manner.

- High-performance node operations for AVS
- Distributed validation
- Around-the-clock support & maintenance

**[Restaking Provider](https://app.eigenlayer.xyz/token/ankrETH):** As the inventor of liquid staking, Ankr will facilitate the restaking of ankrETH tokens to Eigen Layer, supporting validation for a variety of AVS projects. With a TVL of over $86 million on Ankr Staking, Ankr is one of the largest Ethereum stakers with an industry-leading node delegation system and security. Ankr is the go-to staking infrastructure provider for ecosystems like the BNB Smart Chain, Polygon, and more.

- ankrETH liquid staking token
- Liquid staking operations
- Restaking support for Eigen Layer

**[Rollup as a Service Provider](https://www.ankr.com/rollup-as-a-service-raas/):** Ankr’s Scaling Services (Rollups and Sidechains as a Service) offering an easy path forward in creating new modular layer 2 blockchains with the ability to integrate with the various data availability layers, oracle networks, bridges, and other protocols operating as Eigen Layer AVSs.

- Rollups as a Service
- Sidechains as a Service
- Full scaling solutions & engineering

## Final Thoughts

Ankr plays a vital role within Eigen Layer by providing the infrastructure for key functionalities like node operation, restaking, and scaling services. This empowers developers to leverage Eigen Layer's shared security model and simplifies the launch of innovative AVS projects, ultimately contributing to a more scalable and secure Ethereum ecosystem.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn how Ankr makes it easy to launch a new Eigen Layer AVS project.

Ankr’s Core Role In Eigen Layer & AVS Operations

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Ankr has never been more thrilled to release the latest innovation from our team – Neura. Neura is a revolutionary blockchain that seamlessly integrates AI, cloud computing, and Web3 technologies, creating a transformative era for digital innovation across all three industries.

[Learn more on the Neura website](https://www.neuraprotocol.io)

## Neura's Genesis: Creating a Superior AI Platform

Neura was engineered to solve some of the most pressing challenges AI developers face when bringing new projects to market. Neura will offer foundational infrastructure for AI startups, offering access to decentralized GPU resources, crypto-based crowdfunding, and on-chain AI operations. For the first time, Neura provides a fusion of cloud computing, AI, and Web3 technologies to transform the way AI companies are able to deploy, train models, and operate – on the blockchain.

![Neura_UPD.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Neura_UPD_127f53101f.jpg)

With its rich blockchain innovation and infrastructure heritage, Ankr is uniquely positioned to spearhead the convergence of AI and Web3. Leveraging the Cosmos SDK for its flexibility and the Ethereum Virtual Machine (EVM) for its wide compatibility, the Neura blockchain is poised to become a pioneering solution that addresses these industry-wide challenges.

## A Word From Ankr’s CEO

“Neura offers a superior operating system for the neural networks of AI models, supercharging them with trusted data, scalable access to GPU resources, smart contract automation, and new economic models more capable of handling by-the-second demands of future AI apps and payments. The convergence of Web3 and AI will be one of the most important events for both industries, and we are very excited to be leading the way.”

– Chandler Song, Ankr’s Co-Founder and CEO.

## Core Features and Benefits of the Neura Blockchain

The Neura blockchain offers an enhanced foundation for AI projects with a fusion of tech to transform scalability, economics, security, and interoperability.

### Scaling GPU Resources to Any Demand

**Decentralized GPU Marketplace:** At the heart of Neura lies a dynamic marketplace that empowers developers with scalable access to GPU resources, crucial for AI and blockchain computations. This ecosystem democratizes access to computational power, bridging the gap between GPU providers and developers.

### Creating new funding & economics for AI

**Initial Model Offerings (IMOs):** Neura's groundbreaking funding mechanism, the IMO, enables AI projects to secure investment and computational resources via the blockchain. This innovation represents a significant leap forward in blockchain-based AI development, offering a sustainable growth pathway for emerging technologies.

- **AI Token Sales:** Although ANKR is Neura's universal gas token, AI projects can launch their own cryptocurrencies on the network to enable collective project ownership, AI model usage payments, and other functionality.

- **Fractionalized Ownership:** Utilizing ERC-404 tokens, Neura enables fractional ownership of projects, facilitating powerful new business models for AI.

- **Revenue Sharing:** Share profits from AI usage automatically using ERC-7641 tokens and spread rewards to contributors and investors.

### Offering More Efficient Data Handling

**Decentralized Storage Solutions:** By employing cutting-edge off-chain storage solutions like EigenLayer, Celestia, Arweave, and IPFS, Neura ensures efficient and secure data storage. However, the Neura blockchain is critical for ensuring The blockchain's role is crucial in maintaining data integrity and establishing Neura as a robust platform for data-intensive AI and blockchain applications.

### Providing Ironclad Bitcoin Security

**21M BTC Marketcap Security:** Neura harnesses the unparalleled security of staked Bitcoin, courtesy of the Babylon protocol, creating the safest environment for on-chain data. Due to Neura’s integration with Babylon, its PoS system will be able to utilize Babylon’s trustless scalable staking features to unlock value from the idle, unencumbered $1 trillion Bitcoin ecosystem.

[Read the whitepaper](https://acrobat.adobe.com/id/urn:aaid:sc:va6c2:e6e21a05-7c5f-4514-a7a6-86fa189ca1f0)

## ANKR Token: The Heart of Neura's Ecosystem

The ANKR token is essential to Neura's operations. It serves as the universal currency for accessing GPU resources, participating in IMOs, and acquiring AI services. It rewards GPU providers and compensates AI developers, fostering an ecosystem of innovation and growth. The launch of Neura highlights the indispensable role of the ANKR token within its ecosystem, demonstrating its clear utility, demand, and broader strategy for growth and innovation it supports. By emphasizing ANKR's integral role and the innovative economic models Neura introduces, Ankr aims to showcase the token's significant value proposition to holders and ecosystem participants.

## Under the Hood of Neura: Ultimate Security, Scalability, Interoperability

The Neura blockchain was built using the Cosmos SDK, IBC protocol, CometBFT consensus, and Evmos frameworks, building in full EVM compatibility and seamless deployment of AI across ecosystems, setting a new standard for interoperability across all chains in Cosmos and beyond. Building on Cosmos also offers seamless integration with the new Babylon protocol, enabling Neura to benefit from bitcoin staking, offeringadding an ironclad layer of security to the Proof of Stake network.

## Stay Tuned For More Neura Updates

As we stand on the brink of a new digital dawn, Ankr's Neura invites developers, investors, and tech enthusiasts to join in shaping the future of AI and blockchain integration. With Neura, Ankr is not just launching a platform; it's pioneering a movement towards a more integrated, efficient, and accessible digital world.

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn more about the blockchain built for AI.

 Introducing Neura: A New Era of AI x Blockchain Innovation

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## Start building soon on Prom, a versatile zkEVM L2 Solution, Bridging the EVM & non-EVM worlds!

Ankr is excited to announce a new addition coming to our RPC service: Prom, a modular zkEVM Layer 2.

This is great news for developers looking to get the jump on building on top of Prom for scalable and interconnected dApps! Users will be able to access Prom Public and Premium RPCs, make request calls, and receive information returns that are identical to the results they would get by running a full node themselves.

## What is Prom?

Prom is a modular zkEVM Layer 2 that enables interoperability across various chains, including both EVM and non-EVM compatible networks. Prom submits its proof of transaction to the additional chains on top of the chosen Settlement chain, building the bridge between ecosystems.

Prom was designed to break single-chain limitations, creating a much more flexible solution to foster adoption. Prom brings an array of features to Web3 that truly adapt to every market narrative and build the groundwork for an inclusive blockchain ecosystem.

[Learn more about Prom](https://prom.io/)

## What Are Ankr’s New Prom RPC Connections?

- Ankr’s Prom RPCs (Remote Procedure Calls) connect your wallet, command-line interface, or dApp with the Prom L2. They act as a messenger or blockchain router that relays on-chain information between Prom nodes, dApps, and ultimately end-users so they can execute necessary tasks like transactions, populate wallet balances, fetch ownership information, and much more.

- Prom RPC endpoints are a gateway for developers to interface directly with Prom — a portal to communicate easily, remotely, and with no need to go through the DevOps of establishing their own Prom nodes.

- Ankr is providing a geo-distributed Prom RPC comprised of blockchain nodes running worldwide for incredibly low latency and reliable connections.


## How Will the Prom RPCs Help Developers?

Building with Prom is an excellent choice for creating scalable and rewarding dApps but requires access to the information on Prom nodes to do so. Therefore, Ankr’s RPC will solve the following developer troubles:

**Eliminates complex node ops** - Ankr’s Prom RPCs will completely remove the need for many developers to set up their own Prom nodes, removing hours of time spent building, calibrating, and fixing node issues.

**Grants access to advanced tools** -  Ankr’s Premium RPC Plan will instantly grant access to the best tools to build applications quickly, including:

- At least 1,500 Prom req/sec
- Dedicated Prom endpoints
- Prioritized requests
- WebSockets (WS) capabilities

**Powers apps and open-source software that need access to Prom** - Connect with a cluster of high-performance nodes that holds the information you need to build and operate dApps with Prom chain capabilities.

**Supports the Prom network** - Ankr will strengthen the Prom network globally by offering easier development and a broader, decentralized node infrastructure.

## How to Make Your First Call to Prom

You will soon be able to access Prom by heading to Ankr’s RPC Service to make your first call! From there, you will see the Prom endpoint to call the chain using the standard EVM JSON RPC methods.

## Be the First to Know When Prom Endpoints Are Live!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Use Ankr's upcoming Prom RPC API to develop new dApps that bridge EVM and non-EVM worlds.

 Prom L2 Soon Available on Ankr RPC Service

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Last November, Ankr announced our Rollups as a Service offering to evolve Web3 scaling. Since then, we’ve been proud to establish an array of collaborators that have transformed the performance and modularity capabilities of Ankr RaaS.

The advent of Rollups as a Service has quickly reshaped Web3 with expanded throughput, interoperability, and various solutions to solve the scalability trilemma of blockchain. With services like Ankr to ensure every organization or developer who wants a dedicated blockchain for their dApp can have one, it evolves Web3 network performance to handle even the most far-reaching use cases.

*“Ankr’s journey in scaling Ethereum is driven by a deep commitment to empowering developers with high-quality and decentralized infrastructure, enabling the creation of transformative Web3 applications. The expansion and integration of our RaaS offering represents a pivotal leap forward, making it possible for developers to leverage the full potential of rollup frameworks. With our integrations and the continuous enhancement of Ankr RaaS, we are setting new standards for scalability, performance, and user experience in the blockchain space.”*

*– Kev Silk, Senior PM, Ankr RaaS*

This article serves as a guide for developers to uncover the benefits of Ankr RaaS collaborator integrations.

**[Build Your Rollup Today With Ankr](https://www.ankr.com/scaling/)**

## Ankr’s RaaS Collaborations

Over the last few months, we’ve worked tirelessly to integrate an array of rollup solutions with our stack, and we are proud to announce all current integrations here at once. Ankr’s Rollups as a Service now offers clients the ability to integrate with their choice of modular collaborators to offer the highest levels of scalability, efficiency, and decentralization possible.

![pic1.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/pic1_912e85badf.png)

- **[Espresso](https://www.espressosys.com/):** Ankr’s collaboration with Espresso’s decentralized sequencer gives every Rollup the chance to build in autonomous decentralization.
- **[Arbitrum](https://arbitrum.io/):** Ankr RaaS clients can harness our integration with Arbitrum's L2 Optimistic Rollup framework and stack for creating scalable new chains.
- **[Optimism](https://www.optimism.io/):** Ankr RaaS Clients can quickly customize and deploy a new dedicated L2 blockchain in the Superchain network using our integration with OP Stack.
- **[Near DA](https://near.org/)**: Simplify and lower costs for your rollup by using NEAR as the Data Availability (DA) Layer in your Rollup Stack as a cost-effective alternative to Ethereum.
- **[Celestia](https://celestia.org/):** - Ankr’s Celestia Data Availability layer collaboration offers greatly enhanced scalability for rollups built with Ankr RaaS.
- **[zkSync](https://zksync.io/):** Quickly customize and deploy a new dedicated ZK L2 blockchain utilizing the unique benefits of the ZK Stack.
- **[EigenLayer](https://www.eigenlayer.xyz/):** Ankr’s collaboration with EigenDA offers cost-effective scalability with secure, high throughput, and decentralized data availability (DA) leveraging the EigenLayer restaking primitive.
- **[Hyperlane](https://www.hyperlane.xyz/)**: Hyperlane is the permissionless interoperability layer connecting the modular ecosystem. With Hyperlane, anyone can connect any blockchain, rollup, appchain, on any VM.

## Quotes From RaaS Integration Teams

*"Our team is excited to see Ankr integrating Arbitrum's Optimistic Rollup stack and framework into their RaaS offering. This integration creates new possibilities for developers seeking to build scalable and cost-effective blockchain applications, and we look forward to seeing what emerges from this expansion."*

*– David Dennis, Product Marketing Director at Offchain Labs, initial developers of Arbitrum*

*“Working with Ankr has made it even easier for developers to help bring new users onchain in a thriving Superchain ecosystem. Ankr is a trusted partner that provides Optimism with node infrastructure, so providing high-quality RaaS is a natural extension of our collaboration.”*

*– Tess Rinearson, Head of Emerging Products at OP Labs, “*

## RaaS Supporting Every Modular Layer

Modularity is key to unlocking the potential of layer 2 blockchains. This is why Ankr has collaborated with the most advanced solutions to provide an end-to-end solution for building the most advanced new L2s.

By separating functions like transaction execution and data storage, each modular layer can be optimized for its specific purpose. This allows for faster processing and handling of more transactions, ultimately leading to a smoother and more scalable blockchain experience.

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## The Most Powerful Rollup as a Service Provider

Ankr's RaaS, a key part of its Scaling Services, equips developers with fast, secure tools for building rollups and other scaling solutions like sidechains across blockchain ecosystems. Merging decentralized infrastructure with financial incentives via Liquid Staking, Ankr offers a comprehensive and sustainable development experience, catering to the demand for scalable, Ethereum-secure projects, and establishing itself as a RaaS leader.

Ankr distinguishes itself as the sole RaaS provider blending top-tier rollup infrastructure with developer incentives via ankrETH, DePIN status, and a dual token strategy. This mix ensures a sustainable, all-encompassing development setting, backed by a decentralized, superior infrastructure network.

## Ankr RaaS Key Differentiators:

- **DePIN Network:** Leverage a worldwide network of elite node providers, including IoTex, Mind Heart Soul, and Tencent, to guarantee the most decentralized, secure, and robust infrastructure.
- **Streamlined Launch:** Have Ankr handle the entire rollup creation process, from engineering to management.
- **Unparalleled Reliability:** Ensure the highest speed and unwavering uptime with Ankr’s global node network.
- **Unmatched Flexibility:** Build using your preferred stack, including Polygon CDK, OP Stack, ZK Stack, Arbitrum, and Fluent.
- **Seamless Integrations:** Leverage all of the above protocols for instant builder resources, scalability, and decentralization.
- **Comprehensive Support**: Receive full-scale engineering, customization, and maintenance services, adapted to your specific project requirements.
- **Architecture Flexibility:** Ankr services both ZK and Optimistic rollup architectures.
- **Dual Token Approach**: Developers can use ankrETH for financial yield and operational advantages, with the flexibility to create a native token for community engagement and governance.

## Unlocking New Economics For L2 Chains

Ankr’s RaaS gives clients the opportunity to create and use innovative new tokens as their native currency. Imagine every token on your Ethereum-based rollup offers constant rewards for holders. This is the power of using Ankr’s Ethereum liquid staking token, ankrETH, as your optional gas token.

- **Share Security:** Unlock the massive capital base of staked ETH to be utilized again in securing your rollup with Ankr’s liquid staking assets.
- **Collect 24/7 Rewards:** Using ankrETH as your rollup token means a constant stream of ETH staking rewards is delivered to all holders.
- **Put TVL on Autopilot:** Multiply the TVL potential of your rollup as the value of tokens on the network grows daily to support every financial function.
- **Achieve Gasless UX:** Use the ankrETH liquid staking token as your gas token to cover operational costs or subsidize gas fees.

## Build Your Rollup With the Strongest Infrastructure

Since 2017, Ankr has distinguished itself as a leading Web3 developer hub, providing extensive tools and connections to 46+ blockchains. Via our Rollups as a Service offering, Ankr seeks to redefine Web3 performance by leveraging our Decentralized Physical Infrastructure Network [(DePIN)](https://www.ankr.com/blog/ankr-s-new-de-pin-partners/?page=1) to ensure unmatched reliability and security with global node infrastructure. This supports a wide range of services, including dApp development, RaaS, blockchain scaling, and staking solutions, positioning Ankr as a key player in facilitating scalable and secure Web3 development.

**[Schedule a Meeting To Customize Your Rollup Now](https://meetings-eu1.hubspot.com/meetings/kev-silk/kev-arsalan)**

## Join the Conversation on Ankr’s Channels!

[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Learn how Ankr's RaaS service collaborations bring advanced features to clients building layer 2 rollups with our service.

Ankr RaaS Collaborations Reshaping Web3 Modularity and Performance

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![liquid-staking.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/liquid_staking_cd9a2d0a03.png)

## What Is a Liquid Staking Token (LST)?

Ankr was the original pioneer behind liquid staking, an innovative financial mechanism that unlocks the value of staked assets and improves the capital efficiency of Proof-of-Stake networks.

Users who engage with liquid staking receive a proportional amount of liquid staking tokens. These tokens, representing the value of the staked assets plus staking rewards, can then be traded or used in DeFi protocols, thus enhancing liquidity and utility within the blockchain ecosystem.


This article delves into the liquid staking model, offering guidance for participation and highlighting prominent projects in the space.

[Stake 8+ Tokens With Ankr Staking Now](https://www.ankr.com/staking-crypto/)

## What is Liquidity from an Economic Perspective?

Liquidity refers to the ease with which an asset can be converted into cash or another asset without significantly affecting its price. In regard to liquid staking, “liquid” means that the value of your staked assets can still be used in DeFi or trading, unlike traditional staking.

High liquidity is crucial in financial markets, as it enables quick transactions, minimizes price volatility, and provides a stable environment for economic activities. Low liquidity, on the other hand, makes it almost impossible for investors to sell their assets.

## How Does Liquid Staking Work?

Liquid staking allows participants to stake their crypto assets in Proof-of-Stake (PoS) blockchains, like Ethereum, and receive representative tokens in return such as ankrETH. 

These tokens earn rewards while mirroring the value of the staked assets and can be used in various decentralized finance (DeFi) applications, traded, or used as collateral, while the original assets are staked and earn rewards.

## How Liquid Staking Provides Liquidity to the Crypto Market?

Liquid staking introduces liquidity to the crypto market by transforming otherwise immobilized staked assets into fungible tokens that can be freely traded and utilized. 

Providing liquidity to lending protocols, decentralized exchanges (DEXs), or staking protocols enhances market efficiency and opens up new opportunities for income generation and participation in DeFi activities.

## What is the difference between native staking and liquid staking?

In native staking, users lock their assets in a protocol to support network security and consensus mechanisms. This method requires investors to keep their assets staked for a determined period.  

On the other hand, liquid staking offers a flexible alternative by issuing liquid tokens. This approach maintains the benefits of staking, such as earning rewards and contributing to network health, without the drawbacks of asset illiquidity.

### A Brief Explanation of Consensus Mechanisms

Blockchain technology hinges on consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS) to validate transactions and secure the network. Each approach has its unique advantages and challenges.

#### Proof of Work (PoW)

Let us first examine PoW, the original blockchain consensus mechanism. Used by Bitcoin, PoW ensures network security through complex mathematical puzzles, which are solved using energy-intensive machines, also known as mining equipment. 

#### Proof of Stake (PoS)

The PoS consensus mechanism, used by Ethereum after a network upgrade in 2022, offers a more eco-friendly approach. This method selects validators to create new blocks and validate transactions based on the number of coins they hold and are willing to "stake" as collateral. 

PoS enhances network scalability and transaction speed, encouraging more nodes and fostering a decentralized and resilient network structure. However, despite its advantages, PoS faces criticism for potentially centralizing power among the wealthiest stakeholders.

## Benefits of Liquid Staking

Liquid staking offers numerous benefits, including improved liquidity, flexibility in asset management, participation in multiple DeFi applications without un-staking, and the potential for higher yields through diverse income streams.

## The Most Reliable Liquid Staking Platforms

Several platforms offer liquid staking services, with Ankr being a pioneering and reliable provider. 

Other notable platforms include Lido, Rocket Pool, and Mantle, each offering unique features and supported assets. Binance, one of the leading crypto exchanges, also offers its own Ethereum liquid staking token.

## How Ankr Was a Pioneer Providing Liquid Staking Service?

The historical significance of Ankr can not be overstated, as well as its contribution to building the foundation for a more accessible Web3 space.

- The first protocol to create Ethereum liquid staking

Ankr was the first protocol to pioneer the integration of [liquid staking](https://www.ankr.com/staking-crypto/) on Ethereum, revolutionizing how billions in TVL (Total Value Locked) could be deployed into DeFi.

- The first protocol to enable liquid-staked ETH to be unstaked

Following Ethereum’s Shanghai upgrade in April 2023, Ankr became the[ first provider](https://www.ankr.com/blog/ankr-offers-first-unstaking-capability-for-liquid-staked-ethreum/?page=4&categories=12) to enable the unstaking of liquid-staked Ethereum.

- Setting a standard for the industry

Ankr has differentiated itself through its dedication to innovation, constantly adding new features, developing multi-chain support, and unlocking staking and restaking options for great DeFi composability. 

The company also offers a vast line of products catered towards building a more decentralized and connected Web3 infrastructure. Beyond staking, Ankr offers premium [node hosting](https://www.ankr.com/remote-procedure-call/), [developer tools](https://www.ankr.com/ankr-automate/), dedicated scaling solutions (rollups and sidechains), and several other services.

## Ankr's Liquid Staking vs. Other Platforms

### Why Stake With Ankr?

Ankr's liquid staking offers numerous benefits, particularly in terms of liquidity, security, and the opportunity for higher yields across multiple blockchains. Read below to learn what makes Ankr stand out as one of the go-to platforms for liquid staking.

- **Robust Security Measures:** With audited smart contracts and a focus on minimizing risks like de-pegging and liquidity shortages, Ankr provides a secure environment for staking assets​​.
- **Higher Yields:** Ankr Earn allows DeFi users to stake tokens for higher yields, potentially boosting earnings in the DeFi ecosystem by keeping liquidity​​.
- **Support for Multiple Blockchains:** Ankr's chain-agnostic approach supports connections to a wide array of blockchains. Our users can stake multiple assets and bridge ankrETH to different chains seamlessly.
- **Diverse Earning Strategies:** Liquid staking with Ankr allows for a base layer of staking rewards, plus additional earning strategies through DeFi protocols where users can lend, borrow, and yield farm​​.
- **Distributed Validator Technology (DVT):** Ankr’s [collaboration with SSV.network](https://www.ankr.com/blog/trustless-liquid-staking-removing-intermediary-risk-with-ssv-technology/?page=8&categories=12) has enabled the integration of DVT, making it possible to create liquid staking solutions that are completely trustless and non-custodial.
- **Flash unstake feature:** The [flash unstake feature](https://www.ankr.com/blog/ankr-introduces-flash-unstake-to-ethereum/?page=2&categories=12) was first implemented on ankrBNB and then extended to ankrETH. It enables holders of our liquid staking tokens on the Ethereum and Binance Smart Chain (BNB) network to gain access to instant liquidity and extra flexibility for DeFi investments.
- **Integration with EigenLayer:** Our users can [restake ](https://www.ankr.com/blog/ankr-eth-joins-the-eigen-layer-ecosystem-as-a-collateral-asset/?page=2&categories=12)their ankrETH tokens thanks to EingenLayer, enabling them to accrue additional rewards.

## Risks and Drawbacks of Liquid Staking

While Ankr prioritizes security and user-friendliness, liquid staking involves several risks and complexities. Here is a list of factors to consider before using Ankr or any other liquid staking protocol.

- **Complex Asset Recovery:** Recovering staked assets can become complicated if derived assets are reinvested on platforms with conflicting smart contract regulations, potentially making it challenging to retrieve the original staked assets​​.
- **Potential for Smart Contract Vulnerabilities:** Like all DeFi platforms, Ankr's system relies on smart contracts, which, despite audits and thorough security measures, can still be susceptible to bugs or exploits​​.
- **Market Risks:** The value of liquid staking tokens is pegged to the base asset. Any de-pegging could affect the liquid staking token's value, introducing market risks​​.
- **Slashing Risks:** While Ankr mitigates this risk by selecting high-performing validators, the inherent risk of slashing (penalties for validators' misbehavior) could impact rewards​​.
- **Dependence on PoS Network Growth:** The value proposition of liquid staking and platforms like Ankr is closely tied to the growth and stability of PoS networks. Any fundamental issues with these networks could impact the effectiveness of liquid staking​​.
- **Fees:** Fees must be factored in when calculating staking rewards. The costs will vary depending on the blockchain used for liquid staking.

## Is Liquid Staking Safe?

While liquid staking introduces innovative opportunities, it also comes with risks like security vulnerabilities, low liquidity, and de-pegging issues. Platforms like Ankr mitigate these risks through rigorous security practices, but users should conduct thorough research and consider the inherent risks.

## How Much Profit Does Liquid Staking Provide?

The profit from liquid staking varies based on the platform, the staked asset, and market conditions. While it often offers higher returns than traditional staking or savings accounts, it's essential to factor in the risks and rewards specific to each liquid staking platform.

To better grasp how much profit can be generated, use [Ankr’s Staking Calculator.](https://www.ankr.com/staking/calc/)

## Liquid Staking Tokens (LSTs) and Liquid Staking Derivatives (LSDs)

- **Liquid Staking Tokens (LSTs)** represent staked assets in liquid form, allowing users to engage in various economic activities while earning staking rewards. These tokens maintain a connection to the underlying staked asset, ensuring that users can benefit from both liquidity and income generation.
- **Liquid Staking Derivatives (LSDs)** are similar to LSTs but are designed to offer additional flexibility and risk management options. These derivatives can include terms for leveraging, hedging, and other advanced financial strategies, catering to more sophisticated investors.

## Start Earning While You Hold Your Crypto! Liquid Staking Walkthrough

Getting started with ETH liquid staking involves choosing a reputable platform, staking your assets according to the platform's guidelines, and receiving liquid tokens in return. 

### Pre-requisites:

1. Set up a Web3 wallet like Metamask. Here are the download link and instructions.
2. Ensure you are using Google Chrome or a [Chromium-based browser](https://alternativeto.net/category/browsers/chromium-based/) like Brave or Opera.

### Connect your Wallet to ANKR:

The next step is connecting the wallet to the chosen platform. Make sure to connect your wallet to the official platform, always checking the website’s URL (https://www.ankr.com/) to avoid having your funds stolen.

1. Access the Ankr [Staking Dashboard](https://www.ankr.com/staking/dashboard/). Click on ‘Connect wallet’ at the top right corner.

![staking-dashboard.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/staking_dashboard_de5be3cff1.png)

2. Choose MetaMask Wallet

![connect-wallet.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/connect_wallet_a1155581ad.png)

3. Click Connect and wait for the connection process to complete.

![wallet-connection-process.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/wallet_connection_process_650fa2123f.png)

3.1.  A successful connection is indicated by your wallet address being displayed at the top right corner.

![successful-wallet-connection.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/successful_wallet_connection_4bd90f551b.png)

3.2. (Optional) Network Switch: If prompted by Ankr Staking to switch networks, select the Ethereum Mainnet.

![select-the-network.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/select_the_network_45f232da62.png)

3.2.1. Click Switch network to confirm the change.

![switch-network.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/switch_network_31df462d27.png)

### Stake Your ANKR Tokens

1 - Access the [Ankr Staking page.](https://www.ankr.com/staking/stake/) Look for the Ethereum (ETH) option and click Stake.

![staking-ankr-token.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/staking_ankr_token_337529d8d1.png)

2 - If you're prompted to switch to a specific network in MetaMask, click Switch network and confirm.

![wrong-network-pop-up.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/wrong_network_pop_up_45dc663547.png)

3 - Enter the amount of ETH you wish to stake and click Approve, granting Ankr Staking access to your tokens.

![select-the-amount.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/select_the_amount_0bf682cf4b.png)

4 - Confirm the request in the MetaMask wallet.

![confirming-the-request.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/confirming_the_request_36db75c273.png)

5 - Wait for the ‘Stake successful!’ message. This might take a few moments as the transaction finalizes.

![stake-successful.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/stake_successful_cd06afeafe.png)

You can now view your staked ETH on the [Ankr Staking Dashboard.](https://www.ankr.com/staking/ankr-stake/)

## Cryptos Available on Ankr's Platform

Ankr supports a wide range of cryptocurrencies for liquid staking, including:

- [Ethereum Staking (ETH)](https://www.ankr.com/staking/stake/ethereum/)
- [Polygon Staking  (MATIC)](https://www.ankr.com/staking/stake/matic/)
- [Avalanche Staking  (AVAX)](https://www.ankr.com/staking/stake/avax/)
- [Binance Coin Staking (BNB)](https://www.ankr.com/staking/stake/bnb/)
- [Fantom Staking (FTM)](https://www.ankr.com/staking/stake/fantom/)

By enabling liquid staking of multiple assets, Ankr ensures its user base can employ various investment strategies and be free to explore the DeFi ecosystems on different chains.

## Join the Conversation on Ankr’s Channels!
[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)


Explore the benefits and mechanisms of liquid staking in our comprehensive guide. Learn how to stake assets and earn rewards efficiently.

Liquid Staking: What is, How to and Much More! [2024]

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Liquid Staking: A Comprehensive Guide [2024]

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Ankr is setting a new standard in the blockchain space by expanding its network of Ultra Sound Infrastructure partners, reinforcing its position as a pioneer in the development of Decentralized Physical Infrastructure Networks (DePIN). Since its inception, Ankr has been at the forefront of leveraging idle cloud computing and physical hardware resources to support blockchain ecosystems, making it blockchain's first DePIN. This innovative approach has not only contributed to the democratization of the internet but has also paved the way for a more resilient and efficient Web3 infrastructure.

## Enhanced Performance and Decentralization 
Ankr's network brings with it a multitude of benefits, including increased availability of nodes to handle RPC traffic, access to high-performance nodes, and broader geographic coverage to fill in the gaps in node resources. This expansion ensures that Ankr's network offers unparalleled speed, reliability, and efficiency, meeting the diverse needs of its RPC service customers.

## Providers Expanding Network Decentralization and Use Cases
With the addition of new providers, including, IoTex, Storj, Clover, Mind Heart Soul, and Ankr Labs, alongside Tencent Cloud, Ankr is significantly advancing the decentralization of its DePin Ultra Sound Network. Ankr’s partnership with IoTex enables the development of more decentralized, efficient, and IoT-focused blockchain solutions, catering to the growing demand for interoperable Web3 and DeFi services. 

IoTex, CTO Qevan Quo  provides perspective on the partnership: “At IoTeX,  our mission is to build a modular ecosystem where projects can easily develop DePIN initiatives. This partnership with ANKR will open up a new set of tools for DePIN builders. By enabling both IoTeX and ANKR’s infrastructure to be readily available for any project we are positive that many new DePIN projects will come to surface given the easiness and efficiency that these partnership tools bring to the table.” Together, IoTeX and Ankr can drive innovation in the blockchain space, making it more accessible and impactful for a broader range of industries and use cases. This not only strengthens and expands the coverage of infrastructure,  but also supports a wider array of IoT, on-chain AI and other innovative use cases, demonstrating Ankr's commitment to supporting the evolving needs of the blockchain community.

In addition, with their network of 25k node operators that deliver an enterprise grade decentralized cloud storage service, Storj will be a key partner in connecting node providers to the expanding Ultra Sound Infrastructure network. This extends the partnership between Ankr and Storj, which also includes [chainsnap.io](http://chainsnap.io/), a platform providing blockchain state snapshots that massively accelerates starting a new blockchain node.

“*As pioneers in the DePIN landscape, we're excited to expand the availability of high-performance decentralized nodes through our Ultra Sound Infrastructure network. Looking ahead, we will continue to develop a cohesive DePIN experience for all network participants*." -Stanley Wu, Co-founder and CTO of Ankr.

## Ankr: The DePin Token Incentivizing Collaboration
The expansion of Ultra Sound Partners solidifies the ANKR token as a critical component of the network. This development paves the way for introducing new utilities to the token, aimed at bolstering network security and facilitating meaningful interactions for network participants.

**Fueling Growth:** Today, the ANKR token serves as a payment and reward denomination for network users and node providers, respectively. This dynamic ensures that all participants in the Ankr network are simultaneously reliant on and motivated by each other, forming the cornerstone of the DePIN flywheel. This symbiotic relationship is instrumental in driving growth and enticing new participants, making it a fundamental element of our strategy to enhance the network's appeal and functionality.

**Building on Bedrock:** The growing number of node providers brings about the essential stability required for the integration of new ANKR token utilities. Ideally, as tokens circulate from users to providers, their distribution among an increasing number of participants also helps to evenly spread any systemic risks. This approach prioritizes the network's robustness, laying the groundwork for a sustainable and thriving ecosystem where innovation and collaboration can flourish.

## Ankr's Role in Today's Web3 Infrastructure
In 2017, Ankr was founded with the idea of harnessing idle cloud computing resources from all over the world and repurposing them to power projects like bitcoin mining, machine learning, and IoT (from our original [whitepaper](https://whitepaper.io/document/445/ankr-network-whitepaper)). Seven years before the narrative known as Decentralized Physical Infrastructure Networks was born, Ankr had already created one of the first DePINs in existence.

Today, Ankr's DePIN is crucial for serving the vast and growing needs of the Web3 ecosystem. By facilitating connections between dApps, developers, and enterprises with various blockchains, Ankr ensures that Web3 applications can reliably perform transactions, query wallet balances, and execute smart contracts through RPC (Remote Procedure Call) requests. This is made possible by Ankr's robust network of nodes, which has been significantly bolstered by the addition of cloud provider partners such as Tencent Cloud. These partnerships are instrumental in enhancing Ankr's core RPC service, establishing a strong and extensive network for handling request traffic efficiently.

Ankr’s RPC Service Customers Receive Amplified Performance: 

- Reach more available nodes to serve RPC traffic
- Take advantage of high-performance archive nodes
- Node Partners will fill more geographic gaps in node resources
- Get the best of speed, reliability, and efficiency

Learn more about [DePIN](https://www.ankr.com/blog/depin-decentralized-physical-infrastructure/?page=1&search=depin)

## Supporting On-Chain AI and Other Use Cases
On-chain AI involves integrating AI models and algorithms directly onto the blockchain, enabling decentralized applications (dApps) to perform tasks such as predictive analytics, automated decision-making, and natural language processing without relying on centralized servers. Ankr's Ultra Sound Infrastructure supports these activities in several key ways:

- **High-Performance Computing:** AI applications, particularly those employing machine learning models, require substantial computational resources to process and analyze large datasets. Ankr's global network of nodes provides the necessary computing power, ensuring that AI tasks can be executed efficiently and at scale.
- **Data Availability and Integrity:** AI models thrive on data, and blockchain technology offers a unique proposition in terms of data availability, transparency, and immutability. Ankr's infrastructure facilitates secure and reliable access to on-chain data, which can be used to train and refine AI models, ensuring that the data used is consistent and tamper-proof.
- **Decentralization and Privacy:** By decentralizing the computational and data storage aspects of AI applications, Ankr's network enhances privacy and security, mitigating the risks associated with centralized data silos. This decentralization is particularly important for sensitive applications, ensuring that data processing complies with privacy regulations and is resistant to censorship or tampering.

## Other Use Cases
Beyond AI, Ankr's global node infrastructure supports a wide range of use cases, demonstrating the versatility and potential of decentralized networks:

- Decentralized Finance (DeFi): Ankr's nodes enable seamless and efficient interaction with DeFi platforms, supporting functionalities such as token swaps, yield farming, and automated market making (AMM), all with enhanced security and reduced risk of downtime.
- Non-Fungible Tokens (NFTs): By providing robust and scalable infrastructure, Ankr supports the minting, trading, and management of NFTs, catering to the booming market for digital collectibles and art.
- Gaming and Metaverse: The infrastructure supports the development of decentralized gaming experiences and metaverse applications, where players can enjoy transparent, fair, and uninterrupted gameplay, along with true ownership of in-game assets.
- Decentralized Autonomous Organizations (DAOs): Ankr's network facilitates the operation of DAOs, enabling decentralized governance and decision-making processes through secure and transparent voting mechanisms.

## Distributing Infrastructure Worldwide
Ankr's strategic partnerships mark the next phase of its global infrastructure expansion. By distributing its infrastructure worldwide, Ankr aims to further decentralize the web, ensuring that high-quality, distributed network resources are accessible to all. This initiative not only broadens Ankr's reach but also invites stakeholders across the web3 space to join in the collective effort to build a decentralized, secure, and efficient digital future.




## Join the Conversation on Ankr’s Channels
[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](http://discord.ankr.com/) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://www.ankr.com/staking-crypto)

Ankr’s new DePIN Partners Expanding Network

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Ankr’s new DePIN Partners Expanding Network: The New Foundation for a Decentralized Web3 

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The crypto winter has been a season of reflection and recalibration for many within the blockchain space. However, for Ankr, it's been a period of relentless innovation and strategic expansion. As we stand on the brink of a new cycle, it's time to unveil a series of groundbreaking developments that underscore our commitment to not just weathering the storm but emerging as a beacon of innovation and reliability. Get ready for the Ankr Wave.

## The First Announcement: Ankr Bitcoin Staking with Babylon
[Our first major announcement](https://www.ankr.com/blog/ankr-and-babylon-launching-first-bitcoin-staking-solution/) during EthDenver was the introduction of Ankr Bitcoin Staking, in partnership with Babylon. This pioneering initiative marks a significant milestone in our journey, offering a robust staking solution that not only enhances the security of the Bitcoin network but also provides our users with a seamless and lucrative [staking ](https://www.ankr.com/staking-crypto/)experience. With Babylon's cutting-edge technology and Ankr's proven expertise in blockchain infrastructure, this collaboration is set to redefine Bitcoin staking, making it more accessible, efficient, and rewarding for everyone involved.

## Get Ready for the Ankr Wave
The next announcement comes tomorrow. It relates to our commitment to decentralization and high standards for performance,  connectivity, and innovation in blockchain. 

## Stay tuned…… 
We're gearing up for even bigger innovative plans that promise to further cement our position as a leader in blockchain innovation. The Ankr Wave is a declaration of our resilience, innovation, and commitment to the blockchain community. As we navigate through the aftermath of the bear market, these developments serve as a reminder of the potential that lies within the blockchain space and Ankr's foundational role in its expansion. 

## Join the Conversation on Ankr’s Channels
[Twitter](https://twitter.com/ankr) | [Telegram Announcements](https://t.me/anrknetworkann) | [Telegram English Chat](https://t.me/ankrnetwork) | [Help Desk](https://ankrnetwork.atlassian.net/servicedesk/customer/portal/10) | [Discord](https://discord.gg/e4n8mAejGb) | [YouTube](https://www.youtube.com/channel/UCErrNjCg6raOsq5MQ9fpIig) | [LinkedIn](https://www.linkedin.com/company/ankr/) | [Instagram](https://www.instagram.com/ankr) | [Ankr Staking](https://eth2.ankr.com/)

Ankr Wave: Leading Blockchain Innovation with Bitcoin Staking, DePin, and AI... Stay Tuned for the Next Big Announcement!

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