![ETH_Validator_Hub_d07e4edceb_158a1531be.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/ETH_Validator_Hub_d07e4edceb_158a1531be_aed18e8aa3.jpg)


Ankr’s Validator Hub is a module on the Ethereum Network that simplifies delegated staking. This comprehensive guide delves into the core components of Ankr’s staking ecosystem, such as its innovative staking modes, the roles of node providers and validators, and the streamlined rewards and unstaking processes. 

## TL;DR:

- Ankr provides two staking modes: node staking for direct Ethereum delegating and vNFT staking for added flexibility using non-fungible tokens to represent validator membership
- Rewards are distributed on a regular basis, and the unstaking process is straightforward, allowing for quick access to funds and accumulated rewards
- Registered legal entities on Ankr's platform offer reliable staking services, including multiple validators and customizable insurance policies
- Ankr's Validator Hub caters to both experienced and new stakers, making Ethereum staking easy and rewarding

## Validator Hub: How does it work?

The Validator Hub is built on a robust architecture comprising smart contracts, a backend, and a frontend. These components collectively manage staking, validator selection, MEV & tip distribution, and more. 
Users are required to stake a minimum of 32 ETH per validator, choosing from the listed node providers. Several smart contracts govern various aspects, including staking, unstaking, rewards, and the creation of vNFTs.

Once users choose a node provider and stake their ETH, Ankr then deposits the funds into a validator associated with that provider, initiating the activation process and subsequent reward generation for the user.

![unnamed.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/unnamed_2f12e67e5a.png)
*Delegated Staking Dashboard on Testnet ([Source](https://testnet.ankr.com/staking/stake/))*

## Staking Modes

Ankr provides users with two distinct staking modes:
- **Node Staking**: 
Users can directly stake their Ethereum with a chosen node provider, participating in the staking process and earning rewards. Node Staking rewards are sent to the user's withdrawal address approximately every seven days.

- **vNFT Staking**: 
Users opting for this mode receive a non-fungible token (vNFT) as proof of validator ownership. 
The vNFT can be used in decentralized finance (DeFi) activities, offering transferability without an unbounding period. Once users decide to unstake, the tokens will be available immediately.

vNFT Staking offers the same staking benefits as Node Staking but with added flexibility. It involves attestation rewards and a portion of the MEV (Maximal Extractable Value) & tips accumulating in the vStaker contract.

![ETH_delegatedstaking_dashboard.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/ETH_delegatedstaking_dashboard_a3182454af.png)
*Ethereum Delegated Staking Dashboard on Testnet ([Source](https://testnet.ankr.com/staking/eth-delegate-stake/))*

## Unstaking Process

For Node Staking, the unstaked amount and rewards are released to the withdrawal address after an average unbonding period of 5 days, with MEV & tips released instantly. Similarly, vNFT Unstaking is akin to Node Unstaking, with the assets claimed from the vStaker contract associated with the vNFT.

Claiming rewards, including MEV & tips and attestation rewards, is facilitated through specific mechanisms for both staking methods.

## Node Providers and Validators

Within the Validator Hub, Node Providers and Validators play a pivotal role. These legal entities registered on the platform offer users staking services. Node Providers can host multiple validators, set their own insurance policies, and earn fees derived from Maximal Extractable Value (MEV) and tips, serving as financial incentives for their services.

## Bringing Versatile and Robust Staking to the Masses

Ankr's Validator Hub presents a compelling solution for those looking to engage in delegated staking on the Ethereum network. With its diverse staking modes, unique rewards structure, and robust architecture, Ankr continues to solidify its position as a leading player in the Web3 infrastructure space. 

Whether you're a seasoned staker or a newcomer to the blockchain scene, Ankr's staking hubs offer a user-friendly and rewarding experience worth exploring.



large_ETH_Validator_Hub_d07e4edceb_158a1531be.jpg

medium_ETH_Validator_Hub_d07e4edceb_158a1531be.jpg

small_ETH_Validator_Hub_d07e4edceb_158a1531be.jpg

thumbnail_ETH_Validator_Hub_d07e4edceb_158a1531be.jpg

ETH_Validator_Hub_d07e4edceb_158a1531be.jpg

Ankr’s Validator Hub: Facilitating Ethereum Delegated Staking

large_Ankr_Blue Symbol (1).png

medium_Ankr_Blue Symbol (1).png

small_Ankr_Blue Symbol (1).png

thumbnail_Ankr_Blue Symbol (1).png

Ankr_Blue Symbol (1).png

Ankr Staking Team

Ed do eiusmod tempor incididunt ut labore et dolore magna aliqua

Lorem ipsum dolor sit amet, consectetur adipiscing elit

![new eigen layer.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/new_eigen_layer_9e110db606.jpg)

Building a Web3 project from scratch can be a daunting task with a multitude of puzzle pieces. DApp creation itself is complex, requiring specialized knowledge – and launching a new scalable network for the dApp to run on presents challenges like bootstrapping an entirely new set of validators and receiving enough staked value to secure them.

Thankfully, for aspiring developers in the Web3 space, a powerful integration between Ankr and Eigen Layer offers a much smoother, faster journey. Think of the two organizations as offering pre-assembled sections of your puzzle, allowing you to launch highly scalable and secure Web3 protocols quickly.

Ankr and Eigen Layer now provide all the infrastructure and tools needed for Actively Validated Services ([AVS](https://docs.eigenlayer.xyz/eigenlayer/overview/key-terms)), that encompass Web3 infrastructure projects like sidechains, oracles, bridges, and data availability layers that will be critical for creating the modular scaling solutions of 2024 and beyond.

**TL;DR – Web3 infrastructure streamlined and simplified**

- **Ankr offers complete blockchain & dApp creation tools:** Ankr provides every tool needed to build any new blockchain app or protocol. Eigen Layer AVS projects can have Ankr create their new blockchain, carry out all node operations, and supply every tool they need to build innovative use cases.
- **Eigen Layer extends Ethereum’s security to every protocol:** Eigen Layer allows any new project to avoid bootstrapping its own cryptoeconomic security (staked tokens) by offering developers access to the Ethereum staked capital base and decentralized validator set.

## What Is Eigen Layer? Borrowing Trust, Accelerating Innovation

![Eigen 1.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Eigen_1_f73e86214f.png)
Source: [Eigen Layer Whitepaper](https://docs.eigenlayer.xyz/eigenlayer/overview/whitepaper)

With over 940,563 validators and [$73 billion](https://beincrypto.com/ethereum-staking-record-25-eth-supply/) in ETH staked, Ethereum is by far the most decentralized and well-secured Web3 network as the original smart contract platform. However, building new modules on top of Ethereum to achieve desired scalability or functionality upgrades traditionally required bootstrapping a new validator network – a time-consuming and very expensive process.

**Enter Eigen Layer, offering a revolutionary approach:**

- **Shared Security:** Instead of building from scratch, Eigen Layer lets developers "borrow" trust from the existing Ethereum network with restaking. By leveraging its massive validator base, AVS projects inherit secure and reliable validation without the hefty price tag.

- **Capital Efficiency:** This shared security model eliminates the need for a high capital cost from new protocols attempting to bootstrap validation and incentivize security with staking rewards. For most projects, the cost of offering staking rewards would be even greater than the operational costs like networking and data storage.

- **Focus on Innovation:** By offloading security concerns to Eigen Layer, developers can dedicate their time and resources to building unique and impactful applications. Without the formidable barriers to entry in validation and gathering capital for securing new networks, developers can proliferate improvements to Web3’s inner workings more easily.

## Benefits AVS Projects Get From Building On Eigen Layer

- **Pick and choose security requirement:** Instead of a one-size-fits-all approach, EigenLayer lets projects tailor the amount of trust they borrow from Ethereum, carefully balancing decentralization and cost based on their project's needs.
- **Skip the validation setup:** Forget about setting up and maintaining your own validator network, a complex and expensive process. EigenLayer grants you access to Ethereum's large and well-established validator base, saving you time and resources.
- **No need for high inflation:** You won't have to resort to high token inflation rates to incentivize security, a common practice with new blockchains. Leverage Ethereum's existing security infrastructure instead.
- **Lower barriers, higher security:** This innovative model makes it easier than ever to launch new blockchain projects while strengthening the security of existing ones. Prepare for a wave of faster, more decentralized, and permissionless innovation on Ethereum.

## Ankr: All-in-One Development Toolkit for Eigen Layer AVS

![av1.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/av1_3fbe614f3d.png)


Ankr is supporting Eigen Layer by facilitating ETH restaking (with ankrETH) and assisting AVS projects with their node operations. 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.

### Node Operations for Eigen Layer

As an Eigen Layer node operator, Ankr ensures every AVS can receive an instant solution for running its node infrastructure with all operations and maintenance handled by our team. No other organization in the Web3 space has as much experience in running node infrastructure as Ankr. Since 2017, Ankr has operated nodes on dozens of Proof of Stake networks, setting up a massive network of bare-metal nodes around the world.

[Choose Ankr to run your AVS nodes →](https://ankrnetwork.typeform.com/contactankr)

### Liquid Restaking on Eigen Layer

As the inventor of [liquid staking](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/), Ankr facilitates 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.

[Restake ankrETH to Eigen Layer →](https://www.ankr.com/blog/eigen-layer-and-ankr-eth-multiply-your-reward-earning-potential-with-restaking/?page=1)

### Rollups and Sidechains as a Service

Ankr offers a diverse range of options for launching your blockchains with customizability at every level for infrastructure built around your application. As the approved infrastructure partner for building L2 rollups and sidechains on ecosystems like the BNB Smart Chain, Polygon, Optimism, Avalanche, and zkSync, Ankr simplifies blockchain development for all use cases. Ankr satisfies every requirement for infrastructure and engineering like validators, RPC nodes, block explorers, testnets, staking platforms, and more for completely custom blockchain solutions.

[Build your own Rollup or Sidechain fast →](https://www.ankr.com/scaling/)

### Every RPC and API to Build New dApps

Ankr’s RPC Service supports 40,000 Web3 developers as they connect with Ankr’s nodes to carry out read/write operations to an array of blockchains. As the most globally distributed RPC Service, Ankr delivers low-latency experiences for Web3 apps and projects, ensuring that end users receive the fastest and most reliable experience.

[Get instant RPC endpoints to 46+ blockchains →](https://www.ankr.com/rpc/)

## Synergy in Action: An Ideal Combination

The true power lies in the seamless integration of Ankr and Eigen Layer. Imagine this:

- You brainstorm a revolutionary idea for a new protocol.
- Ankr's scaling solutions provide seamless creation of your new blockchain network and integration with Eigen Layer.
- Eigen Layer eliminates the need for building a validator network, saving you time and resources.
- You focus on crafting the core functionalities of your protocol, leveraging Ankr's developer tools for optimization.

## Final Thoughts

The powerful combination of Ankr and Eigen Layer allows developers to launch innovative AVSs with unprecedented speed and efficiency. This development will become an essential component to launch the next generation of Web3 use cases reliant upon modular solutions. Stay tuned for more news on Ankr’s integration with Eigen Layer as we propel the industry forward.

## 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://eth2.ankr.com/)

large_new eigen layer.jpg

medium_new eigen layer.jpg

small_new eigen layer.jpg

thumbnail_new eigen layer.jpg

new eigen layer.jpg

Ankr and Eigen Layer: Transforming Web3 Infrastructure With Complete Modular Solutions

medium_xt.png

small_xt.png

thumbnail_xt.png

xt.png

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 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.

Technical Writer

Kevin Dwyer


Through a partnership with Restake Finance, Ankr Staking offers ankrETH holders an innovative restaking service that enables higher yields without locking assets.
 
## TL;DR:
- Ankr Staking announced a partnership with Restake Finance DAO to enable ankrETH liquid stakers to earn additional yield through restaking.
- The collaboration allows ankrETH stakers to earn higher rewards on their investments without having to lock up their assets.
- Ankr Staking emphasizes the option of restaking for ankrETH holders on the Restake Finance Platform, where the current estimated APY is approximately 30.55%.

## Restake Finance DAO Partnership With Ankr Staking

[Ankr Staking ](https://www.ankr.com/staking/stake/) is proud to announce its partnership with [Restake Finance DAO](https://www.restakefinance.com/), which will allow [ankrETH ](https://www.ankr.com/staking-crypto/) liquid stakers to restake their reward-bearing tokens and accrue an extra layer of yield on top of their investments.

Restake Finance DAO is a decentralized modular liquid restaking protocol that enables users to accrue EigenLayer’s native rewards on top of their Ethereum staking rewards without having to lock their assets.

This approach simplifies access to staking rewards while also increasing yield generation for ankrETH holders by allowing their [Liquid Staking Tokens (LSTs)](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/) to function as crypto-economic security within the EigenLayer landscape.

## Benefits of This Partnership for AnkrETH Stakers

The partnership between Restake Finance DAO and Ankr Staking enables ankrETH stakers to engage in restaking their reward-bearing tokens through Restake Finance DAO's platform. Such integration enables ankrETH holders to participate in Restake Finance’s protocol by staking their tokens in return for rstETH, facilitated by Restake Finance DAO's decentralized modular liquid restaking structure. 

Such an approach, which is managed through decentralized, DAO-controlled smart contracts, ensures a transparent and secure environment for users while also guaranteeing a one-to-one backing of rstETH by ankrETH.

The collaboration aims to provide ankrETH stakers with an enhanced yield generation avenue by leveraging the restaking capabilities offered by Restake Finance DAO, without necessitating the locking up of their assets.

AnkrETH holders will soon enough be able to visit the Restake Finance platform and restake their tokens. Moreover, Ankr Staking highlights that the current estimated APY on the Restake Finance platform is 30.55%.

This collaboration between Ankr Staking and Restake Finance represents a significant development in the staking space, providing ankrETH holders with a novel way to maximize their yield without the traditional constraints of staking, thereby enriching the Ethereum ecosystem


large_unnamed.png

medium_unnamed.png

small_unnamed.png

thumbnail_unnamed.png

unnamed.png

Ankr Staking Partners with Restake Finance DAO

## Ankr’s Plans for ETHDenver 2024

![ETHDenver 2024.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/ETH_Denver_2024_e683ad510f.jpg)

The Ankr team will once again be boarding flights to [ETHDenver](https://www.ethdenver.com/) soon, and we couldn’t be more excited to meet everyone who plans on going! The numbers are in, and it looks like 2024 will see record-breaking attendance from projects, builders, foundations, and everything in between.

We will be coming in hot on Feb. 23rd and departing sometime after March 3rd, so we hope to see you within our window. Check out what we’ll be up to during our time in Denver below!

## BUIDL Week Talks: ZK Web3 Identity & DePIN Infrastructure
![vdAvg6Wz.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/vd_Avg6_Wz_e33f106d41.png)

For the fifth edition of ETHDenver, #BUIDLWeek will span six days, from February 23 to February 28, 2024. This week will be packed with technical presentations, bounty-oriented workshops, and focused mini-summits dedicated to those passionate about building a decentralized future. Join Ankr's team on a panel about the future of zero-knowledge proofs in Web3 identity, and join Ankr's CEO on a panel about DePIN's modular infrastructure!

**Zero-Knowledge Proof in Web3 Identity**
- **Date: 02/26/2024**
- **Time: 6:40 PM - 7:00 PM**
- **Location: Submarine Stage: 4655 N Humboldt St**

**DePIN’s Modular Infra and Services**
- **Date: 02/28/2024**
- **Time: 1:30 PM - 2:20 PM**
- **Location: Green Spaces Co-Working & Marketplace: 2590 Walnut St**

**[Register for the IoTeX R3al World event now → ](https://lu.ma/r3al-world-ethdenver)**

## Secure Staking Alliance Event With Ankr's CTO

![staking alliance.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/staking_alliance_03b150f41c.jpg)

Join us at the heart of Denver for the inaugural Secure Staking Alliance event, taking place on Wednesday, 2/28, beginning at 1:30pm. This will be an intimate members-only event with a panel discussion on restaking featuring Stanley Wu, lightning talks, group working sessions, and a happy hour. We look forward to seeing you there!

**Risk Management for Restaking**
- **Date: 02/28/2024**
- **Time: 03:45 PM - 04:40 PM**
- **Location: Available after registration**

**[Register for the Staking Alliance event now →](https://lu.ma/th01ll2a)**

## Don’t Miss the Ankr x Google Cloud x Flare Dev Meetup!

![Flare meet.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Flare_meet_87ca6c33a4.jpg)


****

Calling all Developers. Get ready for a night of code and connections with Flare, Google Cloud and Ankr at a secret location in Denver!

**Fireside Chat**
- **Date: 02/28/2024**
- **Time: 7:00 PM**
- **Location: Available after registration**

**[Register for the dev meetup now →](https://lu.ma/czbn6mjq)**

## Bitcoin Renaissance Summit With Ankr's COO
![bitcoin r.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/bitcoin_r_c02de565fe.png)

Join us at the Bitcoin Renaissance, a pioneering thought leadership summit that marks a new chapter in the evolution of the Bitcoin ecosystem. This exclusive event brings together the brightest minds and top projects building on Bitcoin, offering an unparalleled opportunity to explore the evolution of Bitcoin's ecosystem and the synergies between Bitcoin and PoS chains.

**BTC Beyond Store of Value**
- **Date: 02/29/2024**
- **Time: 3:35 PM- 4:15 PM**
- **Location: Reelworks Denver: 1399 35th St**

**[Register for Bitcoin Renaissance → ](https://www.eventbrite.com/e/bitcoin-renaissance-2024-tickets-795693730367)**

## Staking Circle Event With Ankr's CEO 
![lrtfi.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/lrtfi_4da005043d.png)


Join Staking Circle for the LRTfi Summit, a premier event exploring the future of Liquid Restaking Finance. This gathering will bring together industry leaders, developers, and enthusiasts to discuss the latest advancements and opportunities in the liquid restaking space. Hear Chandler Song, Co-founder and CEO of ANKR, as he shares the latest insights on the evolving liquid restaking landscape.

- **Date: 03/01/2024**
- **Time: 4:00 PM - 7:00 PM**
- **Location: Available after registration**

**[Register for the LRTfi Summit event now →](https://lu.ma/lrtfi-summit-denver)**

## Let’s Catch Up and Talk Shop

We want to meet you and chat about projects! Ankr’s ecosystem is growing quickly with new projects that use our infrastructure to power their dApps, DeFi platforms, exchanges, games, and more – see how we can help boost yours.

Give us a message on our community channels: [Discord](http://discord.ankr.com/), [Twitter](https://twitter.com/ankr), [Telegram](https://t.me/ankrnetwork), and [Reddit](https://www.reddit.com/r/Ankrofficial/). Learn more about us and how Ankr can take your project to the next level as a leader in Web3 and infrastructure and DeFi solutions:

- Find instant blockchain development resources, including our [RPC API](https://www.ankr.com/rpc/) connecting you to 46+ chains.
- Build [DePIN](https://www.ankr.com/blog/depin-decentralized-physical-infrastructure/?page=1) projects with a full suite of development tools.
- Launch your own L2 with Ankr's [Rollup as a Service](https://www.ankr.com/scaling/).
- Integrate our [liquid staking](https://stakefi.ankr.com/liquid-staking/launchpad) with your dApp and give your users attractive earning solutions.

Want to find out even more about us? Head to our [website](https://www.ankr.com/) to find our docs, about us section, and more.

## ETHDenver ‘24 Will Be One for the Ledgers…

ETHDenver is going to be a massive event this year. And it’s not every day Ankr’s team gets together from all corners of the globe. So we can’t wait to have a drink, talk about this crazy industry, and pet some Bufficorns. We hope you’ll join us!

## 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://eth2.ankr.com/)

large_ETHDenver 2024.jpg

medium_ETHDenver 2024.jpg

small_ETHDenver 2024.jpg

thumbnail_ETHDenver 2024.jpg

ETHDenver 2024.jpg

Ankr’s Plans for ETHDenver 2024

![DePIN.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/De_PIN_450e0051c5.jpg)

For at least 15 years, the tech world has been deeply entrenched in the ideas of aggregating the physical assets of everyday individuals to create entirely new industries like the “[sharing economy ](https://www.forbes.com/sites/benjaminlaker/2023/07/06/redefining-leadership-the-rise-and-evolution-of-the-sharing-economy/)”.  Players like Uber and Airbnb were able to create more **powerful and widespread services by combining the cars and houses of millions of people – a feat that would be extremely difficult to achieve by one company purchasing all those assets alone. However, these are centralized companies coordinating (and benefiting from) the efforts of their drivers, hosts, and users.

Another trend of the past 15 years has sought to answer an important question: what if we could skip the middleman and do business peer-to-peer? What if we could benefit from sharing the services of our computers, cameras, hard drives, or any other equipment without paying a third party?

We are beginning to see blockchain and Web3 answer these questions and break their tethers to the virtual realm while translating their potential into the messy, physical world we inhabit. That's where DePIN, Decentralized Physical Infrastructure Networks, enters the stage.

[![rpc-remote-rpocedure-call-cta.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/rpc_remote_rpocedure_call_cta_d60ee98bfa.png)](https://www.ankr.com/remote-procedure-call/)

## What Is DePIN, Really?

**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.

Now, it doesn’t take long to realize that totally decentralized versions of personnel and litigation-intensive services like Uber could get dicey. However, the ability for developers to crowdsource the number of resources that would normally make competing in a space like cloud computing, AI, communication networks, or other digital-native services could be a game changer.

In their report on the topic, [Messari](https://messari.io/report/navigating-the-depin-domain) found that DePIN can generally be separated into two camps:

- **Physical Resource Networks (PRNs):** These networks use blockchain and token incentives to entice people to lend the use of theirhardware or equipment to offer tangible goods andservices that affect the real world. Think of a decentralized network of physical solar panels that contribute renewable energy to offset carbon emissions in return for token rewards.

- **Digital Resource Networks (DRNs):** These networks incentivize people to lend their hardware for efforts that affect the digital realm. Think of a network of blockchain validator nodes or a decentralized data storage network.

## DePIN Projects Outpacing Centralized Counterparts

![Depin1.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Depin1_8e8efc863d.png)

- **Ankr:** Since 2017, [Ankr](https://www.ankr.com/) has been aggregating and harnessing the power of servers all over the world to run blockchain nodes and provide a vital service for developers – RPC API connections to any decentralized network they need to connect to. Ankr’s [Ultra Sound Infrastructure](https://ultrasoundinfra.com/) network incentivizes node operators to join the infrastructure network and receive rewards in the ANKR token which is also used as payment for API services. The ANKR token is one of the most important DePIN cryptocurrencies.

- **IoTeX:** As a popular supported blockchain on Ankr’s [RPC Service](https://www.ankr.com/remote-procedure-call/), [IoTeX](https://iotex.io/) offers a home for those eager to deploy new dApps with use cases like the Internet of Things (IoT) and the closely related DePIN. With a comprehensive set of DePIN development tools and a blockchain to deploy use cases to, IoTeX has become home to DePIN projects crowdsourcing WiFi hotspots, weather stations, cameras, smartphones, and more.

- **Filecoin:** Another protocol supported by Ankr infrastructure, [Filecoin](https://filecoin.io/) is a decentralized storage network designed to store humanity’s most important information (and everything else). Filecoin’s protocol offers an open-source marketplace for cloud storage, incentivizing a collection of global providers to provide a more distributed and decentralized network of physical servers than cloud providers can achieve.

## What DePIN Synergy Can Offer

![darkknight.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/darkknight_5c6ca9b5d8.png)

Source: Warner Bros. Pictures

Remember that scene from The Dark Knight where Batman somehow hacks every cellphone in Gotham to create real-time sonar imaging of the city? That sort of powerful aggregation and coordination is key to the idea of DePIN. Imagine if the owners of all those cell phones had volunteered their devices to transmit the sonar frequency as part of a network to stop crime. What they would be doing is forming a Decentralized Physical Infrastructure Network working toward a common goal. Heck, they could even be incentivized with Batcoin every time their phone is pinged by the Bat protocol.

The point is, that one computer or phone on its own doesn’t offer any extraordinary capabilities, but when you start to combine all of them, they become exponentially more powerful.

**Some potential use cases for consideration:**

- [Resources for GPU-hungry AI](https://www.coindesk.com/consensus-magazine/2024/01/29/how-ai-and-depin-will-change-web3/) 

- [A Global Hub To Connect IoT Use Cases](https://iotex.io/blog/machinefi-use-cases/) 

- [Decentralized WiFi infrastructure](https://cointelegraph.com/news/what-is-a-helium-miner-and-how-does-it-work) 

## DePIN: The Natural Evolution of Web3

Imagine DePIN as the missing bridge between the digital and physical worlds. It's not just about another flavor of the week crypto narrative; it's a long-term shift in how we can envision and implement infrastructure – the very backbone of our society. In many ways, DePIN is the natural next step of the Web3 ecosystem, bringing decentralized collaboration to the real world to compete with the status quo of traditional companies and organizations.

![Depin2.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Depin2_a9564c0c57.png)

**Think of the stepping stones like this:**

- Bitcoin = Decentralized electronic cash to replace fiat
- Ethereum = Decentralized networks, contracts, and assets to replace centralized software
- DePIN = Decentralized mechanisms for the cooperation of any physical infrastructure (hardware)

## The Promise of DePIN for Developers

DePIN offers a “flywheel” for developers and startups in Web3 to accelerate momentum for their projects and grow at a pace that can outpace traditional companies.

![Depin3.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Depin3_1a5bda4064.png)

### **"Technology is best when it brings people together." - Matt Mullenweg, founder of WordPress.**

- **Challenging Paradigms:** Rethink the limitations of traditional infrastructure financing and management. DePIN offers an alternative for developers to build and scale projects with drastically reduced upfront costs and operational overheads.

- **Community-Powered Networks:** By crowdsourcing hardware and maintenance through incentivized network members, DePINs dismantle the need for massive capital expenditures and centralized control.

- **Blockchain-Fueled Efficiency:** DePIN eliminates intermediaries and unlocks seamless, secure peer-to-peer activity and payments for network participants.

- **Leveling the Playing Field:** DePINs democratize infrastructure access by slashing entry barriers and paving the way for diverse players and disruptive ideas to challenge established giants in stagnant industries.


## Examples of Why DePIN Will Be Critical In 2024 and Beyond

![Depin4.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Depin4_b388af4598.png)

**1. Real-World Impact:** It's no longer enough to talk about "changing the world" in the digital realm. DePIN brings blockchain's power to tangible, everyday things – our internet access, energy grids, even our supply chains. Imagine DePIN-powered networks offering affordable internet to unconnected areas, resilient energy grids built by individual households, or peer-to-peer logistics networks bypassing congested ports. DePIN makes blockchain relevant, not just to tech enthusiasts, but to everyone.

**2. Incentivizing Participation:** DePIN is all about active engagement. Users become stakeholders, directly contributing to the network and earning rewards for their efforts. This creates a virtuous cycle – the more participants, the stronger the network, the more valuable the tokens, attracting even more participants. It's a self-sustaining ecosystem fueled by shared incentives, a far cry from the top-down model of traditional infrastructure.

**3. Unleashing Innovation:** With centralized control comes stagnation. DePIN opens the door to a wave of innovation. The modularity and permissionless nature of decentralized networks allow anyone to build on top of them, creating new applications and services we can't even imagine yet. Imagine DePIN-powered sensors monitoring air quality in real-time, or autonomous drones delivering medical supplies in remote areas. This is a future DePIN can unlock.

**4. Building Trust, Block By Block:** Blockchain's core strength lies in its trustless nature. DePIN leverages this to create transparent, tamper-proof infrastructure networks. Every contribution, every transaction, is etched onto the immutable ledger, fostering trust between participants and eliminating the need for intermediaries.

## Build the Future of DePIN With Ankr

Since Ankr’s founding, we have been dedicated to providing infrastructure for every layer of the blockchain ecosystem. Developers can harness our DePIN network of blockchain nodes to build their own project that bridges the gap between Web3 and the real world.

- **[Develop Applications On DePIN Blockchains](https://www.ankr.com/rpc/):** Ankr is building the future of distributed Web3 infrastructure, servicing dozens of Proof-of-Stake chains with an industry-leading global node delivery system, RPC aggregator, and suite of multichain development tools. Ankr currently serves over 2T transactions a year across Web3 and is the main infrastructure provider for BSC, Fantom, and Polygon chains as of 2023.

- **[Build Your Own DePIN Network](https://www.ankr.com/scaling/):** Ankr offers a diverse range of options for launching your blockchains with customizability at every level for infrastructure built around your application. As the approved infrastructure partner for building app-specific blockchains on ecosystems like the BNB Smart Chain, Polygon, Avalanche, and zkSync, Ankr simplifies blockchain development for all use cases. Ankr creates blockchains for projects while satisfying every requirement for infrastructure and engineering like validators, [RPC nodes](https://www.ankr.com/blog/what-are-rpc-nodes-and-endpoints-the-complete-guide-2023/), block explorers, testnets, staking platforms, and more for completely custom blockchain solutions.

- **[Utilize Innovative Validation Solutions](https://www.ankr.com/staking-crypto/):** Ankr creates next-generation solutions for supporting validation on 9+ proof-of-stake chains with an industry-leading node delegation system and security. With a Total Value Locked of over $500M, Ankr is the 3rd largest Ethereum staker and go-to staking infrastructure provider for ecosystems like the BNB Smart Chain, Polygon, and more.

[![rpc-remote-rpocedure-call-cta.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/rpc_remote_rpocedure_call_cta_d60ee98bfa.png)](https://www.ankr.com/remote-procedure-call/)

## Decentralized Physical Infrastructure - Final Thoughts

DePIN is not just a technological shift; it's a fundamental change in how we approach infrastructure and trust. It's about empowering individuals, unleashing innovation, and building a more resilient, inclusive future. 2024 may be the year the bridge between the digital and physical worlds starts to take shape, with DePIN as the cornerstone. This is not just another crypto narrative; it's the foundation for a future built on decentralization, transparency, and shared prosperity.

## 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://eth2.ankr.com/)

Dive into our 2024 DePIN Guide: Uncover the future of Decentralized Physical Infrastructure and its impact on technology and society.

DePIN: What is, How does it work, Examples - 2024 Fresh Infromation!

large_DePIN.jpg

medium_DePIN.jpg

small_DePIN.jpg

thumbnail_DePIN.jpg

DePIN.jpg

DePIN [2024] Guide: The Future of Decentralized Physical Infrastructure

large_Base.jpg

medium_Base.jpg

small_Base.jpg

thumbnail_Base.jpg

Base.jpg

Products

Topics

Ecosystems

Ankr Blog

Explore content by category

medium_1639803510488.jpg

small_1639803510488.jpg

thumbnail_1639803510488.jpg

1639803510488.jpg

Kev Silk

small_Ankr_Blue_Symbol_White_BG@1x.png

thumbnail_Ankr_Blue_Symbol_White_BG@1x.png

Ankr_Blue_Symbol_White_BG@1x.png

Ankr Team 

thumbnail_Fabio.png

Fabio.png

Fabio Wehb Ferrari

small_412.jpg

thumbnail_412.jpg

412.jpg

Erin McMahon

small_tyler sloan.png

thumbnail_tyler sloan.png

tyler sloan.png

Tyler is a Senior Product Manager at Ankr, driving the progress behind Scaling Solutions and Bitcoin Secured Infrastructure. His work is quickly reshaping the deployment of blockchain networks into a process that is fast, streamlined, modular, and asset-rich. Tyler’s substantial experience as a Web3 builder, advisor, and PM ensures clients secure not only the highest tier of infrastructure but also the expert management it takes to create breakout projects.


Senior Project Manager

Tyler Sloan

thumbnail_FvyHHLnWAAQZ3MQ.jpg

FvyHHLnWAAQZ3MQ.jpg

Krinza Momin

large_Untitled design (9).png

medium_Untitled design (9).png

small_Untitled design (9).png

thumbnail_Untitled design (9).png

Untitled design (9).png

Wasm0 Team

medium_diogo 3.png

small_diogo 3.png

thumbnail_diogo 3.png

diogo 3.png

Diogo Costa

small_Tiago.png

thumbnail_Tiago.png

Tiago.png

Tiago Pratas

small_henrique.png

thumbnail_henrique.png

henrique.png

Henrique Dias

thumbnail_tagus_labs_logo.jpg

tagus_labs_logo.jpg

Tagus Labs

thumbnail_Ethan Nelson.png

Ethan Nelson.png

Ethan Nelson, a DeFi enthusiast and member of the Ankr Staking team, delves into DeFi topics with expertise. His insightful articles simplify complex concepts, empowering readers to navigate the dynamic world of decentralized finance confidently. Stay informed with Ethan's illuminating content on all things liquid staking and DeFi related.

Ethan Nelson

medium_IMAG0116 (1).jpg

small_IMAG0116 (1).jpg

thumbnail_IMAG0116 (1).jpg

IMAG0116 (1).jpg

As a seasoned technical writer, Galya Mikova excels at demystifying intricate blockchain topics. With a talent for simplifying complexity, she bridges the gap between complex technology and reader understanding, making blockchain accessible through her expertly crafted articles.

Galina Mikova

Solutions

Web3 API

Scaling Services

Bitcoin Secured Infrastructure

Staking Solutions

Tools

Block Explorer

Verify

More

Neura
new

Enterprise Solutions

BNB Chain

Chiliz

Polygon

SushiSwap

See all cases

Docs

Github

Ankr Whitepaper 2.0

Brand Assets

About Us

Blog

Press

Careers

Docs

Ankr Blog

Ankr’s Validator Hub: Facilitating Ethereum Delegated Staking

Ankr and Eigen Layer: Transforming Web3 Infrastructure With Complete Modular Solutions

Ankr Staking Partners with Restake Finance DAO

TL;DR:

Ankr’s Plans for ETHDenver 2024

Ankr’s Plans for ETHDenver 2024

DePIN [2024] Guide: The Future of Decentralized Physical Infrastructure

Solutions

Web3 API

Scaling Services

Bitcoin Secured Infrastructure

Staking Solutions

Tools

Block Explorer

Verify

More

Neura new

Enterprise Solutions

BNB Chain

Chiliz

Polygon

SushiSwap

See all cases

Docs

Github

Ankr Whitepaper 2.0

Brand Assets

About Us

Blog

Press

Careers

Ankr Blog

Ankr’s Validator Hub: Facilitating Ethereum Delegated Staking

Ankr and Eigen Layer: Transforming Web3 Infrastructure With Complete Modular Solutions

Ankr Staking Partners with Restake Finance DAO

TL;DR:

Ankr’s Plans for ETHDenver 2024

Ankr’s Plans for ETHDenver 2024

DePIN [2024] Guide: The Future of Decentralized Physical Infrastructure

Neura
new