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Web3 is a global movement that has taken the tech space by storm. Following the explosion of proof of stake (PoS) blockchains into the crypto space, there’s been an influx of developers leveraging smart contracts to build decentralized applications (DApps) for the digital economy.
As the PoS blockchain projects start expanding exponentially, their reliance on nodes simultaneously grows, emphasizing the need for a more effective node infrastructure. Node deployment is expensive and time-consuming, while establishing a staking node is also a complicated and costly process that heightens the barriers to entry.
The solution lies with Ankr. Its innovative developer and staking node architecture provide the security and incentives necessary for seamless web3 development. Fueled by its core utility token, ANKR, the network has the vision to provide PoS projects with multi-chain tools to build fast, inexpensively and reliably.
Let’s explore the Ankr ecosystem and find out why it’s a crucial player in the advancement of the web3 movement.