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Luganodes and Ankr Join Forces to Further Enhance AppChain Infrastructure

Mushu Butt by Mushu Butt
March 23, 2023 - 1:00 pm
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Luganodes and Ankr have come together to offer a dependable blockchain infrastructure for the creation of application-specific blockchains (AppChains), a scaling solution that is increasingly gaining momentum in the industry. As a result of this partnership, the two reputable blockchain infrastructure providers will be able to begin offering extensive resources for the operation of dependable and secure validator nodes on AppChain ecosystems.

These ecosystems include Polygon Supernets and BNB Side Chains. Together, Luganodes and Ankr will ensure the smooth running of the application-specific blockchains, providing AppChain developers and customers with the benefits of a high-performance, scalable, and decentralized infrastructure. 

Key Takeaways from the Partnership 

As a result of the partnership, Luganodes and Ankr will be running nodes alongside two additional validators for the Polygon Supernets and three additional validators for the BNB Side Chains. It further focuses on increasing the resources available to validator nodes so that AppChains may be operated, bolstering the infrastructure and security of Supernets and BNB Sidechains, and improving decentralization attempts for bootstrapping validation and staking.

Anuj Shankar, CEO of Luganodes, said: “We are thrilled to partner with Ankr and strengthen our commitment to providing dependable and efficient blockchain infrastructure. This partnership will enable us to deliver hassle-free operations, ensuring exceptional performance and scalability.”

Luganodes is a market leader in staking, and the company is dedicated to delivering Proof of Stake (PoS) networks with blockchain infrastructure of the highest possible quality. Luganodes has gained the trust and support of a number of different PoS communities, including Polygon and TRON. It is presently the world’s fastest-growing staking company, with more than $700 million worth of assets staked and live nodes on more than 15 PoS networks.

Josh Neuroth, Ankr’s Head of Product, said: “Partnership with Luganodes will greatly expand the available node resources for those building on Supernets and BNB Sidechains with Ankr’s AppChain service. Collaboration in this way is crucial in boosting the decentralization and performance of dedicated blockchain ecosystems simultaneously.”

Ankr, a decentralized infrastructure provider for Web3, is now the driving force behind the underlying foundation for Web3, DeFi, and the digital economy, spanning hundreds of blockchains. Ankr offers an RPC node marketplace, which enables independent node providers to earn revenue from their pre-existing node infrastructure.

With a pay-as-you-go model protected by ANKR tokens, Web3 developers can utilize Ankr’s increasingly decentralized RPC services. Ankr aims to become a crucial element of Web3’s expanding infrastructure while ensuring the platform retains its decentralized essence throughout the process.

Tags: AnkrBlockchainCryptocurrencyEcosystemStakingWeb3
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Mushu Butt

Mushu Butt

Mushu Butt is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media.In addition to being a skilled content writer, Mushu is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushu enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for Blockchainreporter.

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