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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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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

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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.

![final modular.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/final_modular_3766e50512.jpg)


## 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]

![DePIN ANKR (1).jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/De_PIN_ANKR_1_572e45a1fb.jpg)

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!

Riding the Ankr Wave: A New Era of Innovations

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Erin McMahon

![BTC staking.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/BTC_staking_72b52dca02.jpg)

Last week, Ankr announced our instrumental role in launching the first bitcoin staking solution with the Babylon protocol. For the first time, this offers a way for BTC holders to earn yield on their assets without taking them away from the safety of the bitcoin blockchain.

Let’s dive into everything you need to know about bitcoin staking, when it will be live, and more.

## What Is the Babylon Protocol?

The power of 21 million BTC is a force to be reckoned with. Its use as a store of value and P2P payment mechanism is unquestionable now. But how can we give the trillion-dollar market cap of BTC new utility other than sitting idle in so many accounts?

This is the question that Babylon answers in the following ways:

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

### Offering Secure Yield for BTC Holders

![btc ren.jpeg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/btc_ren_4a57454ebd.jpeg)


**Ankr Co-founder Ryan Fang speaking at [Bitcoin Renaissance](https://www.youtube.com/watch?v=4V9s-b7JinM)**

The Babylon protocol enables bitcoin holders to earn yields from their idle bitcoins in a secure way: no third-party trust, no bitcoin bridging to any other chain. Bitcoin holders simply lock their bitcoins in a self-custodial way to gain the rights to validate PoS chains and earn yields in return. Powered by the fast unbonding and scalable restaking features of the protocol, bitcoin stakers can also enjoy maximal liquidity and yields.

### Providing Shared Security for Web3 Chains
![chains.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/chains_833b157fcf.png)


**Source: [Babylon](https://babylonchain.io/)**

A difficult challenge in starting a new blockchain ecosystem is gaining enough staked capital to secure it. Protocols like Eigen Layer allow any new project to avoid bootstrapping its own cryptoeconomic security (staked tokens) by sharing access to the Ethereum staked capital base and decentralized validator set. But now Babylon offers developers the chance to tap into a store of capital far greater than even Ethereum can offer – 21M BTC that can be used to secure all chains participating in Babylon’s protocol.

### Creating Institutional Opportunities
![blackrock-feb-29-spot-bitcoin-etf-data.jpg](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/blackrock_feb_29_spot_bitcoin_etf_data_cc870d71de.jpg)

**Source: [Bitcoin.com](https://news.bitcoin.com/blackrocks-bitcoin-etf-single-handedly-offsets-grayscales-600m-outflow-ibit-now-holds-161k-btc/)**

Crypto custodians, exchanges, ETFs, and governments hold many billions of dollars in bitcoin. In the future, it is very likely that they will be looking for solutions like bitcoin staking to boost yields and offer returns for their users. If they choose to stake with protocols like Babylon, it would create a massive influx of BTC to secure Web3 networks.

## What is Ankr’s Bitcoin Liquid Staking Solution for Babylon?
![ankr staking.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/ankr_staking_529e8639ce.png)

Ankr has collaborated with Babylon to provide our expertise in creating liquid staking tokens (LSTs) for the bitcoin staked via Babylon. The LSTs will then be issued on PoS chains secured by the BTC staking protocol.

**How it works:**

- BTC holders elect to stake their bitcoin via Ankr[ Liquid Staking](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/).
- The users will earn staking rewards on their locked BTC via the Babylon protocol.
- Stakers can choose to unstake and unlock their BTC at any time.

As Babylon finalizes its protocol mechanics and enters its live network's launch, Ankr will update our community on how exactly this process will work at every step.

## How Will BTC Staking Change the Game for Web3?

Being able to use the value of bitcoin to secure Proof-of-Stake networks is a massive victory for the scalability of new blockchain networks that are a part of Web3. It will become a core piece of scaling via modularity as more and more blockchains launch to assist in the exponential scaling of Web3 using important components such as the Data Availability layers of Babylon and Eigen Layer.

## When Will BTC Staking Be Live?

The Babylon protocol is now in its testnet phase, the mainnet is slated to be launched **later in 2024.** The Ankr team will provide continual updates to the community on when they’ll be able to stake their BTC.

## Final Thoughts

As we find new ways to improve the capital efficiency of crypto, we are creating a digital economy that is many times stronger and more scalable. Ankr’s integration with Babylon is only one piece of our product work for the bitcoin chain, alongside our Bitcoin RPC and other upcoming announcements. Stay tuned for more updates!

## 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 bitcoin staking will change the 21M BTC economy. 

Ankr BTC Liquid Staking: Everything You Need To Know

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Ankr is thrilled to unveil its latest collaboration with Mode, marking a significant milestone in expanding the utility and adoption of ankrETH. This introduces an innovative way for staked Ethereum (ETH) holders to further capitalize on their investments by earning ankrETH on the Mode network, paving the way to explore increased yield farming possibilities across different chains.

## Expanding Yield Returns with Mode

The integration of ankrETH with Mode represents a pioneering step in the DeFi space , enabling users to unlock their liquidity on the rising network.

By participating in the [Mode network](https://www.mode.network/), users can now earn [ankrETH rewards](https://www.ankr.com/blog/eigen-layer-and-ankr-eth-multiply-your-reward-earning-potential-with-restaking/?page=1&search=ankrETH), which can be utilized to explore additional yield-generating opportunities across a wide array of DeFi platforms. This approach enhances the asset’s use cases and liquidity, which will consequently increase stakers’ returns. 

## How Does the Ankr-Mode Collaboration Work?

Under this partnership, Ankr will utilize its advanced staking infrastructure to support the Mode network, enabling seamless bridge of ankrETH from Ethereum to Mode Network. This process maintains the liquidity of users' assets while amplifying their earning potential by integrating them into Mode's expansive DeFi ecosystem. 

The partnership is built on the foundation of mutual technological advancement, with Ankr providing the necessary infrastructure and Mode offering a dynamic platform for yield optimization.

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_[1] - Ankr Bridge Dashboard, displaying ankrETH bridge from Mainnet to Mode Network ([Source](https://www.ankr.com/staking/bridge/))_

## A game-changer for DeFi users and ETH stakers

This integration is a game-changer for ETH stakers and Mode Network DeFi users. It diversifies the avenues for earning yields and strengthens the overall ecosystem by introducing more liquidity and stability. 

By facilitating the earning of ankrETH on the Mode network, Ankr and Mode are effectively opening up new possibilities for yield farming, lending, and other DeFi activities, thereby enhancing the value proposition of staked ETH.


## About Mode

Mode is a Modular DeFi Layer 2 (L2) solution, working in close collaboration with [Optimism ](https://www.optimism.io/)to construct the Superchain, a unified ecosystem of L2 networks built using the same development framework.

Mode's architecture is designed to facilitate the seamless deployment of applications by anyone familiar with Ethereum Virtual Machine (EVM) chains, thereby significantly lowering the entry barrier for developers looking to innovate within the DeFi space.

At the heart of Mode's value proposition is its focus on building new on-chain economic systems that are intended to help developers scale their applications and offer users higher yields. This is achieved through a combination of hands-on support for developers to scale their applications and predictable revenue streams, such as sequencer fee sharing and developer airdrops. 

Moreover, Mode stands out for its implementation of economic mechanisms like Sequencer Fee Sharing and Developer Airdrops, aimed at rewarding those who contribute to the ecosystem's expansion. 

## Looking Ahead: Expanding the ETH Staking Ecosystem

The integration of ankrETH with Mode is just the beginning of a broader effort to expand and enrich the DeFi ecosystem. Ankr continues to explore new collaborations and technologies to enhance the utility and performance of staked assets. This collaboration serves as a blueprint for future innovations, aiming to unlock even more value for the global DeFi community.

Stay updated with the latest developments by joining Ankr's community channels and participating in the conversation about the future of DeFi and staking.

Join the Conversation on Ankr’s Channels: 

Twitter | Telegram Announcements | Telegram English Chat | Help Desk | Discord | YouTube | LinkedIn | Instagram | Ankr Staking





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AnkrETH is Now Integrated on Mode Network

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### Start building on bitcoin, and develop the future of the OG blockchain.

Ankr is thrilled to announce that we’ve made an essential addition to our RPC service with the Bitcoin blockchain! This is great news for devs looking to get the jump on building applications that have the ability to interact with the original blockchain! Users can access Bitcoin Public and Premium RPCs, make request calls, and receive information returns that are identical to the results they would get by running a Bitcoin full node.

**[Start calling the BTC RPC →](https://www.ankr.com/rpc/btc)**

## Ankr’s Bitcoin Infrastructure & Solutions

While not technically the first blockchain, Bitcoin is widely recognized as the pioneering cryptocurrency that popularized blockchain technology and paved the way for its diverse applications today.

Ankr is dedicated to providing as many development resources as possible for bitcoin, leading the way for future applications and functionality to be built on top of the chain.

- **Bitcoin Liquid Staking: Ankr has created [liquid staking](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/) for bitcoin for the first time in collaboration with the Babylon protocol. Ankr’s bitcoin liquid staking tokens will be issued on Proof-of-Stake chains, enabling them to harness the trillion-dollar market cap of bitcoin for security. [Read more about BTC staking](https://www.ankr.com/blog/ankr-and-babylon-launching-first-bitcoin-staking-solution/?page=1).**

- **Bitcoin RPC Service: The bitcoin RPC provides an incredibly easy-to-use and free resource for anyone to query the bitcoin blockchain.**

- **More BTC products on the way: Ankr is gearing up to release a growing suite of products that provide new ways to develop on bitcoin!**

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

![bitcoin1.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/bitcoin1_603f9e79ce.png)


- Ankr’s Bitcoin RPC (Remote Procedure Call) endpoints connect your wallet, command-line interface, or application with the Bitcoin network. They act as a messenger or blockchain router that relays on-chain information between Bitcoin nodes, developers, and ultimately end-users so they can execute necessary tasks like transactions, checking block data, populating wallet balances, and more.

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

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

**Get started now with our [Bitcoin RPC endpoints](https://www.ankr.com/rpc/btc)!**

## How Do the Bitcoin RPCs Help Developers?

Building with Bitcoin is an excellent choice to create fast and scalable dApps but requires access to the information on Bitcoin nodes to do so. Therefore, Ankr’s RPC solves the following developer troubles:

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

**Grants access to advanced tools -**  Ankr’s [Premium RPC Plan](https://www.ankr.com/rpc/pricing/) instantly grants access to the best tools to build applications quickly, including:
- At least 90,000 requests/min
- Dedicated Bitcoin endpoints
- Prioritized requests
- WebSockets (WS) capabilities
- Archive calls and other features

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

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

## How to Make Your First Call to Bitcoin

You can get started now by heading to [Ankr’s RPC Service](https://www.ankr.com/rpc/) to make your first call! You can use the Bitcoin endpoint to call the chain using the standard RPC methods.

## 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/)

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Bitcoin RPC Endpoints Now Available On Ankr!

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Actively Validated Services (AVS) represent a breakthrough innovation within the Ethereum Defi landscape, offering a new paradigm for security, scalability, and integration of decentralized applications (DApps). 

## TL;DR:

- By harnessing the trust network of Ethereum, AVSs enable protocols to bypass the need for their own costly and complex validator networks.
- Stakers on Ethereum can enhance the security of AVS protocols through EigenLayer's staking mechanism, providing opportunities for increased rewards.
- The benefits of AVSs integration include increased cost-efficiency, resource optimization, security, and scalability.
- Several solutions are emerging as frontrunners in the AVSs ecosystem, including Ethos, Brevis, EigenDA, AltLayer, and Lagrange.

Spearheaded by [EigenLayer](https://www.eigenlayer.xyz/), AVSs leverage Ethereum's existing infrastructure and validator network to ensure the integrity and reliability of blockchain services, thereby mitigating the need for protocols to establish their own, often costly, validator networks. 

![EigenLayer_AVS_Structure.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Eigen_Layer_AVS_Structure_31941628b3.png)
_[2] - EigenLayer Framework ([Source](https://docs.eigenlayer.xyz/eigenlayer/overview))_

This novel approach enhances security and democratizes access to staking, fostering an increasingly decentralized environment and reducing the barriers to entry for DApp development.

## Yield Optimization with AVSs

At its core, AVS leverages Ethereum's trust and security mechanisms, enabling DApps and systems to validate transactions and state changes using the existing Ethereum validator network. 

This framework allows for the restaking of Ether (ETH), where node operators can validate Ethereum’s Proof of Stake blockchain and AVSs concurrently. Users can generate rewards by securing AVSs through staking, potentially [offering a higher yield than ETH alone](https://www.ankr.com/blog/unlocking-eth-2nd-yield-layer-ankr-will-become-an-eigen-layer-node-operator/?page=1&search=yield). However, the higher yield opportunities also carry the inherent risk of validator slashing. 

## How Ankr leverages AVSs through EigenLayer 

The delegating feature is expected to go live on the EigenLayer Mainnet this April. Once implemented, users will be able to restake their[ liquid staking](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/) tokens (ankrETH), delegating the funds to Ankr’s AVS operator. 

While the delegating feature is not fully available, it is already open for testing on Goerli, one of Ethereum’s public testnets. For users interested in testing the upcoming feature, step-by-step instructions can be found on our [official documentation](https://www.ankr.com/docs/liquid-staking/eth/restake-ankreth-on-eigen/).

![Delegate_Feature_EigenLayer_testnet.png](https://s3-frontend-strapi.s3.us-west-1.amazonaws.com/Delegate_Feature_Eigen_Layer_testnet_c466b6571c.png)
_[2] - EigenLayer Node Delegating Feature (Source)_

## The Advantages of AVSs

AVSs manage to simplify development, enhance security, boost scalability, and optimize resource utilization. These advantages collectively make AVSs a significant development in easing the incorporation of new services into the blockchain ecosystem and strengthening the network's overall robustness.

**Cost-Efficiency**: Launching a blockchain service traditionally requires significant investment in establishing a validator network. AVSs eliminate this barrier, allowing developers to utilize Ethereum’s existing validator network and save on costs.

**Security**: The decentralized nature of Ethereum's validator base offers high security, allowing new services to tap into this established framework and benefit from collective security efforts without needing to replicate such a system.

**Scalability**: AVSs can scale operations more efficiently by utilizing shared security and validation services, avoiding the complex process of scaling a validator network.

**Resource Optimization**: Validators can secure additional protocols without dedicating separate resources for each service, leading to more efficient use of staked assets and computational power.

## Evaluating the Risks of AVSs

Despite the promising benefits, the integration of AVSs is not without its challenges and risks. 

Concerns regarding the concentration of power among large node operators and the potential impact on Ethereum's decentralization and governance highlight the need for careful consideration.

That is why it is crucial to incorporate AVSs in a manner that aligns with Ethereum’s commitment to decentralization, open access, and community focus.

## Going beyond EingenLayer

The landscape of AVSs is rapidly evolving, with several key players emerging as frontrunners in this innovative sector. 

Among the most promising players in the AVS ecosystem are Ethos, Brevis, EigenDA, AltLayer, and Lagrange, each bringing unique solutions to the table.

**Ethos**: Integrating Ethereum's economic security within the Cosmos ecosystem, Ethos provides a bridge that enhances security and liquidity. The protocol utilizes a model that allows Ethereum stakers to leverage their holdings to secure Cosmos chains, thus introducing a new layer of economic security without the need for additional nodes​​.

**AltLayer**: Introducing a novel concept called "restaked rollups" in collaboration with EigenLayer, AltLayer aims to solve Ethereum’s scaling issues without sacrificing decentralization. This approach enables developers to quickly deploy app-specific networks, offering fast finality, decentralized sequencing, and verification. AltLayer is part of a broader move towards modular blockchains, with the aim of making Ethereum more scalable and efficient​​​​.

**EigenDA**: A component of the EigenLayer ecosystem, EingenDA stands out as a data availability service designed to scale with Ethereum. It leverages restaked ETH for security, aiming to offer high throughput and economic security. EigenDA is built on danksharding principles, enabling horizontal scaling and supporting a variety of use cases with its flexible architecture​​​​.

**Lagrange**: Focuses on infrastructure for zk-based cross-chain state and storage proofs, Lagrange brings enhanced security through restaking via EigenLayer. This initiative aims to dynamically scale underlying security for state proof generation, addressing one of the inherent challenges in achieving secure and scalable cross-chain interoperability​​.


## Conclusion

AVSs by EigenLayer, along with promising solutions like Ethos, Brevis, EigenDA, AltLayer, and Lagrange, are setting the stage for a more secure, efficient, and innovative Ethereum ecosystem. 

As Ankr continues to support the development and integration of AVSs and other innovations, our staking hub can better serve the next wave of DeFi users, enabling easy access to liquid restaking and several other yield-generating products.




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How Ankr Optimizes ETH Staking through Actively Validated Services (AVSs)

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## Unlocking 21 Million BTC To Secure PoS Networks

Ankr is extremely excited to announce our collaboration with [Babylon](https://babylonchain.io/) in the launch of their new trustless BTC staking protocol that extends bitcoin’s security to all participating Proof-of-Stake protocols!

## What Is the Babylon Staking Protocol?

Babylon’s Bitcoin Staking Protocol will enable PoS systems to introduce bitcoin as a staking asset and enjoy higher crypto-economic security than what native tokens can provide. As a result, PoS systems will be able to utilize Babylon’s trustless scalable staking features to unlock value from the idle, unencumbered $1 trillion Bitcoin ecosystem.

Babylon’s BTC staking protocol also enables BTC stakers to trustlessly “restake” their tokens in a principle similar to EigenLayer, allowing them to earn multiple layers of yield while proliferating cryptoeconomic security across networks.

## How Is Ankr Collaborating With Babylon?

Ankr will create [liquid staking tokens (LSTs)](https://www.ankr.com/blog/liquid-staking-a-comprehensive-guide/) for the bitcoin staked via Babylon. The LSTs will then be issued on PoS chains secured by the BTC staking protocol. For stakers, this means their BTC will be locked on the bitcoin blockchain while new LSTs are minted on the PoS chain they chose to provide security for. In this way, both security and liquidity is provided to the PoS chains.

The collaboration will also include Ankr’s involvement in running validators on the Babylon testnet and building advanced security infrastructure to support Babylon nodes and finality providers. As one of the industry’s most experienced staking infrastructure providers, Ankr’s validation and LSTs will provide a solid foundation for bitcoin staking to power yields for millions of global BTC holders while securing an array of PoS ecosystems.

## Quotes from the Co-Founders On Creating BTC Staking

*“As the industry finds innovative new ways to secure blockchain networks while utilizing all available capital to its full potential, Ankr is proud to take its place in the technical implementation of Babylon’s bitcoin staking and restaking mechanics. This will be an incredibly powerful protocol for both the bitcoin community to earn yield while they hold BTC as well as the Web3 developer community to tap into a trillion dollars worth of capital to secure the next generation of apps and use cases,”* said Chandler Song, Ankr’s Co-Founder and CEO.

*“We believe our collaboration with Ankr will ignite a new era of Bitcoin-secured decentralized economies. By enabling PoS systems to utilize Bitcoin as a staking asset, we are pioneering a pathway for the trillion-dollar Bitcoin economy to contribute to the security of PoS systems,"*  said Fisher Yu, Co-founder of Babylon.

## More BTC Staking News On the Way!

LSTs are an increasingly important way to spread cryptoeconomic security across protocols without the traditional capital inefficiency of Proof-of-Stake. As a key add-on feature of Babylon, LSTs will be essential for onboarding BTC TVL into other chains and ecosystems for easy use in DeFi and other 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](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/)




Ankr and Babylon collaborate to forge a trustless BTC staking protocol, unlocking Bitcoin’s security for PoS networks. 

Ankr & Babylon: First Bitcoin Staking Solution

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Ankr and Babylon Launching First Bitcoin Staking Solution

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### Start building on X1, the scaling solution powered by OKX

Ankr is thrilled to announce that we’ve made an essential addition to our RPC service with the X1 layer 2 network! This is great news for Web3 devs looking to get the jump on building on top of X1 for scalable and trusted dApp development! Users will be able to access X1 Public and Premium RPCs, make request calls, and receive information returns that are identical to the results they would get by running a X1 full node themselves.

## What is X1?

X1 is a ZK-powered layer 2 network that connects the OKX and Ethereum communities to allow anyone to take part in a truly global on-chain ecosystem. The OKX team built X1 as a portal to connect OKX products, users, and assets to Web3, and to provide an open ecosystem that anyone can build on.

Using OKB as the X1 native token, users can move value seamlessly between OKX and X1 and experience:

- **EVM compatibility:** Enable ZK-powered DApps on X1, with 100% EVM compatibility and easy-to-use developer tools for deployment
- **Powered by Polygon:** A zkEVM layer 2 solution based on Polygon CDK, ensuring near-instant finality, unified liquidity, and independent data availability
- **Trusted network:** Securely deploy any EVM smart contracts and onramp your assets from OKX, Ethereum, and other interoperable chains
- **Portal to Web3:** Enter the world of Web3 via OKX Wallet, built with compact infrastructure modules to create innovative DApps

[Learn more about X1.](https://www.okx.com/x1)

## What Are Ankr’s New X1 RPC Connections?

- Ankr’s X1 RPCs (Remote Procedure Calls) connect your wallet, command-line interface, or dApp with the X1 network. They act as a messenger or blockchain router that relays on-chain information between X1 nodes, dApps, and ultimately end-users so they can execute necessary tasks like transactions, populate wallet balances, fetch ownership information, and much more.

- X1 RPC endpoints are a gateway for developers to interface directly with X1 — a portal to communicate easily, remotely, and with no need to go through the DevOps of establishing their own X1 nodes.

- Ankr is providing a geo-distributed X1 RPC comprised of blockchain nodes running worldwide for incredibly low latency and reliable connections.

**Get started now with our [X1 RPC endpoints](https://www.ankr.com/rpc/okx_x1)!**

## How Do the X1 RPCs Help Developers?

Building with X1 is an excellent choice to create fast and scalable dApps but requires access to the information on X1 nodes to do so. Therefore, Ankr’s RPC solves the following developer troubles:

**Eliminates complex node ops** - Ankr’s X1 RPCs will completely remove the need for many developers to set up their own X1 nodes, removing hours of time spent building, calibrating, and fixing node issues.

**Grants access to advanced tools -**  Ankr’s [Premium RPC Plan](https://www.ankr.com/rpc/pricing/) instantly grants access to the best tools to build applications quickly, including:
- At least 1,500 X1 req/sec
- Dedicated X1 endpoints
- Prioritized requests
- WebSockets (WS) capabilities

**Powers apps and open-source software that need access to X1** - Connect with a cluster of high-performance nodes that holds the information you need to build and operate dApps with X1 chain capabilities.

**Supports the X1 network**Ankr will strengthen the X1 network globally by offering easier development and a broader, decentralized node infrastructure.

## How to Make Your First Call to X1

You can get started now by heading to [Ankr’s RPC Service](https://www.ankr.com/rpc/) to make your first call! You can use the X1 endpoint to call the chain using the standard EVM JSON RPC methods.

## 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/

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Now Supporting OKX X1 Layer 2 

![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.



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Ankr’s Validator Hub: Facilitating Ethereum Delegated Staking

![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/)

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


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


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/)

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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.

## 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.


## 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.

## 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.

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