Ankr launches AppChains on Ethereum

TL;DR Breakdown

  • Ankr has launched AppChains on Ethereum to overcome the network’s scalability challenges.
  • AppChains are powered by WebAssembly (WASM) and Zero-Knowledge (ZK) proofs, which provide high performance and scalability for enterprise-level applications.
  • The new solution outperforms existing Ethereum scaling solutions, allowing developers to code in any language and creating Web3 applications with enhanced interoperability.

Description

Amid the relentless acceleration of technological advancement, the world bears witness to a novel turning point as Ankr, a forerunner in blockchain solutions, inaugurates its trailblazing initiative – AppChains on Ethereum. This game-changing development addresses the pressing need for blockchain scalability, particularly on the Ethereum network, which is renowned for its unrivaled security and decentralization … Read more

Amid the relentless acceleration of technological advancement, the world bears witness to a novel turning point as Ankr, a forerunner in blockchain solutions, inaugurates its trailblazing initiative – AppChains on Ethereum.

This game-changing development addresses the pressing need for blockchain scalability, particularly on the Ethereum network, which is renowned for its unrivaled security and decentralization but often criticized for its scalability limitations.

Breaking Through the Ethereum Limitations: Ankr’s Bold Move

The immense potential of blockchain technology is undisputed. However, it’s potential remains largely untapped due to numerous challenges that have hindered its seamless integration within large enterprises, primarily the scalability of the Ethereum network.

Recognizing these hurdles, Ankr has put forth a viable solution – AppChains on Ethereum – a breakthrough aimed at redefining Ethereum’s boundaries and opening up a myriad of opportunities for enterprises.

Ankr’s AppChains aren’t just a revamp; they’re a revolutionary redesign, thanks to the ingenious incorporation of WebAssembly (WASM) and Zero-Knowledge (ZK) proofs.

With these cutting-edge capabilities, AppChains outshine any existing Ethereum scaling solution. They make room for scalability in enterprise-grade applications without compromising on Ethereum’s acclaimed trust, security, and decentralization.

In essence, AppChains promise a new era of high performance at scale, an enterprise-level solution that maintains Ethereum’s credibility.

AppChains also bring an unprecedented level of flexibility, enabling developers to code in their preferred languages, thanks to the WebAssembly Virtual Machine (VM).

Furthermore, they facilitate the creation of Web3 applications that can integrate with critical Web3 protocols and networks. This boosts the capabilities of the Ethereum Virtual Machine (EVM) and enables enhanced interoperability across all ecosystems.

Ankr’s AppChains: Bridging the Gap Between Enterprise Needs and Blockchain Capabilities

Ankr’s aim with AppChains is to address the disparity between the requirements of large enterprises and the existing constraints of blockchain technology.

By overcoming these limitations, Ankr offers enterprises the means to utilize the transformative power of blockchain, sans its current setbacks.

The unveiling of AppChains signifies a commitment to provide a highly scalable infrastructure within the Ethereum network, thereby enabling enterprises to thrive in a decentralized world.

They offer turnkey solutions for building an AppChain on Ethereum, thereby saving valuable resources and time.

These solutions encompass advanced customizability, continuous support for managing blockchain and node infrastructure, enterprise-grade throughput, and upgraded security.

The introduction of AppChains spells out a promise of low gas fees and ultra-fast transactions, ensuring that businesses don’t have to compromise their focus on innovation and delivering top-tier user experiences.

This development offers enterprises the best of both worlds – Ethereum’s security and decentralization, and the required scalability to meet their increasing demands.

The launch of AppChains on Ethereum marks a watershed moment for the integration of blockchain technology in large enterprises. With a focus on scalability, security, and simplicity, Ankr is redefining what businesses can achieve in the Web3 era.

As the world moves towards the next billion users of web3, Ankr stands poised at the forefront, ready to unleash the untapped potential of blockchain technology, thereby shaping a future where innovation is limitless.

This pioneering step serves as an open invitation to all those willing to embark on this transformative journey.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Ankr launches AppChains on Ethereum

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月30日 12:02
Next 2023年6月30日 16:05

Related articles

  • Singapore’s central bank imposes 9-year ban on Three Arrows founders

    TL;DR Breakdown Singapore’s central bank, the Monetary Authority of Singapore (MAS), has imposed nine-year prohibition orders on Kyle Davies and Zhu Su, co-founders of 3AC. The prohibition orders prohibit Davies and Su from engaging in regulated activities in Singapore.  The enforcement action against Su and Davies comes amidst a broader global effort to regulate the cryptocurrency and digital asset space. Description Singapore’s central bank, the Monetary Authority of Singapore (MAS), has imposed nine-year prohibition orders on Kyle Davies and Zhu Su, co-founders of the crypto hedge fund Three Arrows Capital (3AC). The prohibition orders come in response to alleged violations of the country’s securities laws by the duo and their now-bankrupt fund. The prohibition orders, which … Read more Singapore’s central bank, the Monetary Authority of Singapore (MAS), has imposed nine-year prohibition orders on Kyle Davies and Zhu Su, co-founders of the crypto hedge fund Three Arrows Capital (3AC). The prohibition orders come in response to alleged violations of the country’s securities laws by the duo and their now-bankrupt fund. The prohibition orders, which took effect on September 13, prohibit…

    Article 2023年9月14日
  • ICP price analysis: ICP shows bullish potential at $3.891

    TL;DR Breakdown ICP price analysis is bearish today. The strongest resistance is present at $5.340. The trading price of ICP is $3.891. ICP price analysis on June 13, 2023, an analysis of the price of Internet Computer (ICP) indicated a noticeable bullish trend, implying an upward trajectory for the cryptocurrency as a result of favorable momentum in the market. Over the span of several hours, the price of ICP demonstrated consistently high levels and experienced a sudden surge from $3.663 to $3.762. Moreover, there were indications of further growth in the market, as ICP managed to increase its value, reaching $3.891 and coming close to the $4 mark. This development signifies a positive outlook for ICP’s market capitalization. As of today, June 13, 2023, the price of Internet Computer (ICP) stands at $3.89, with a 24-hour trading volume of $66.93M. The market capitalization of ICP is estimated at $1.70B, contributing to a market dominance of 0.16%. Over the past 24 hours, the price of ICP has experienced a positive increase of 5.78%. Currently, the sentiment for Internet Computer’s price prediction…

    Article 2023年6月16日
  • How Dfinity’s AstroX ME Enhances Interoperability with the Ethereum Ecosystem

    Description Numerous cryptocurrency wallets exist only as browser-only plugins, which lack compatibility with the demands of modern mobile lifestyles. However, requiring users to be stationed at a computer, and installing a specific browser to access a wallet, would introduce significant inconvenience. In addition, the evolution of wallets is inevitably geared toward widespread adoption, necessitating a user … Read more Numerous cryptocurrency wallets exist only as browser-only plugins, which lack compatibility with the demands of modern mobile lifestyles. However, requiring users to be stationed at a computer, and installing a specific browser to access a wallet, would introduce significant inconvenience. In addition, the evolution of wallets is inevitably geared toward widespread adoption, necessitating a user experience that rivals or even surpasses that of Web2 products. Furthermore, intelligent wallets should harness cryptographic methods to establish the credibility of transactions on blockchain networks. AstroX ME envisions a redefinition of wallets, emphasizing security and transactional ease. The AstroX ME wallet represents a multi-chain smart wallet fortified by cutting-edge cryptography, delivering a seamless interactive encounter reminiscent of Web2 applications.  The ME wallet employs biometric technologies…

    Article 2023年8月24日
  • Cardano creator dispels misconceptions, denies working with Ripple

    TL;DR Breakdown Charles Hoskinson, the creator of Cardano, has denied any affiliation with Ripple and clarified that he has no ties to the company. There was confusion surrounding Hoskinson’s alleged connection to Ripple due to mistaken identity and rumours. Vitalik Buterin, the co-founder of Ethereum, had applied for an internship at Ripple in 2013 but could not participate due to visa complications. Description Cardano‘s (ADA) creator, Charles Hoskinson, recently took to Twitter to dispel rumors of a partnership with Ripple and clarify his professional background. Hoskinson emphasized that he had no affiliation with Ripple (XRP) and expressed his bewilderment at the endless stories suggesting otherwise. Furthermore, he stressed the need to differentiate himself from Ethereum co-founder Vitalik Buterin, … Read more Cardano‘s (ADA) creator, Charles Hoskinson, recently took to Twitter to dispel rumors of a partnership with Ripple and clarify his professional background. Hoskinson emphasized that he had no affiliation with Ripple (XRP) and expressed his bewilderment at the endless stories suggesting otherwise. Furthermore, he stressed the need to differentiate himself from Ethereum co-founder Vitalik Buterin, who had once applied…

    Article 2023年6月26日
  • Cardano price analysis: ADA breaks below $0.3600 as bears persist

    TL;DR Breakdown Cardano price analysis shows a decrease in price action. ADA is trading at $0.3572 down by 1.42 percent. Immediate support for ADA is seen at the $0.3557 mark The recent Cardano price analysis shows a bearish trend in the market as ADA breaks below $0.3600 after several days of a downtrend trading pattern. The bears have taken control of the market and have pushed prices lower. The price has declined by 1.42 percent since yesterday with a current trading price of $0.3572. The immediate support for ADA is seen at the $0.3557 mark, while resistance is at the $0.3649 level. The support level is likely to be tested as the bears persist in pushing prices lower. If the price falls below this support, we can expect further declines and a test of the $0.3500 level. The resistance level is likely to remain strong, however, and it will take a strong bullish move for ADA prices to break above this level and key resistance points. Both the market cap and trading volume have faced a major hit as a…

    Article 2023年5月27日
TOP