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The Daily Hodl
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Ankr Gives BNB Chain a Major Performance Upgrade With Its Open-Source Contributions

by ChainWire
June 16, 2022
in Industry Announcements

June 16, 2022 – San Francisco, California


Ankr, one of the world’s fastest-growing Web 3.0 infrastructure providers, is thrilled to announce that its open-source contributions to BNB Chain are bringing unparalleled performance to the BNB Chain ecosystem. The Erigon upgrade implemented by Ankr has reduced the BNB Chain’s storage requirements by 75%, increased the RPC request performance by 10 times, and made the sync process 100 times faster.

Samy Karim, ecosystem coordinator of BNB Chain, said,

“Ankr is a key infrastructure provider for the BNB Chain ecosystem – their contributions and expertise were critical in implementing upgrades to the BNB Chain with the Erigon client, rewriting archive node infrastructure and creating a framework for BNB Application Sidechains. This allows the BNB Chain ecosystem to remain competitive and offer both users and builders the latest benefits.”

Besides the Erigon upgrade to revamp the storage and syncing mechanisms, Ankr contributed to BNB liquid staking, and helped build the BNB Application Sidechains (BAS) and the first Web 3.0 game on BAS to empower the next stage of Web 3.0 development.

BNB liquid staking

It gives DeFi in the BNB ecosystem a big boost by bringing DeFi composability on top of staked BNB. The BNB token holders now have a wide range of options to earn in DeFi with their assets – with the ability to combine strategies like staking, farming, lending, contributing to vaults and more simultaneously.

BNB Application Sidechain (BAS)

It enables developers aiming to build high-volume DApps that require blazing-fast transaction speed, extremely low fees and BNB Chain’s reliability to create and operate their own blockchains running parallel to the BNB Chain mainnet. The sidechains are connected to the BNB Chain through permissionless bridges like cBridge and Multichain, which offer instant connection to the wider liquidity, DApps and user base of the entire BNB Chain ecosystem.

Meta Apes

Ankr played a key role in creating Meta Apes, the first game on BAS. Using Ankr’s Gaming SDK, Meta Apes combines the fun gameplay that users love in Web 2.0 with the incentives and monetization mechanisms that are an integral part of Web 3.0.

Ankr is committed to continuously improving the BNB Chain through its open-source contributions to make it faster and more efficient.

About Ankr

Ankr helps blockchain companies run their blockchains faster, enabling them to offer users the best Web 3.0 experiences. Launched in 2021, the Ankr Protocol serves 200 billion RPC requests a month across 50 blockchain networks. In 2022, Ankr added the Web 3.0 gaming SDK, multi-chain liquid staking tools and App Chains to its developer product suite.

For more information, visit the following links.

Website | Twitter | Telegram | Reddit | Discord | Medium

Contact

Greg Gopman

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


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