Monday, December 23, 2024

Ankr Partners with Story to Enhance Layer-1 Blockchain Infrastructure

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KEY TAKEAWAYS

  • Ankr partners with Story to provide essential infrastructure for its layer-1 blockchain, enhancing development capabilities.
  • The collaboration aims to streamline the process of building decentralized applications by offering readily available RPC/API endpoints.
  • Ankr’s infrastructure supports developers by eliminating technical barriers and providing reliable, low-latency connections.
  • This partnership is backed by prominent investors and follows the launch of Story’s final testnet, Odyssey.

In a significant development within the blockchain industry, Ankr has been selected by Story to provide essential infrastructure for its highly anticipated layer-1 blockchain. Ankr’s role will involve operating nodes and establishing Remote Procedure Call (RPC) connections, which are crucial for developers building on the Story network. This partnership aims to facilitate faster development and exploration of new possibilities in on-ramping, safeguarding, and monetizing intellectual property (IP) on the blockchain.

Story, designed as a dedicated IP blockchain, seeks to transform IPs into networks that transcend traditional mediums and platforms. Founded by a team with diverse expertise in consumer technology, generative AI, and Web3 infrastructure, Story is backed by prominent investors such as a16z crypto, Endeavor, and Hashed. The announcement of this partnership follows the launch of Story’s final testnet, Odyssey, on November 7th, which invites developers worldwide to create decentralized applications that tokenize a wide range of IPs, from blueprints to video game characters.

How Ankr’s Integration Benefits Developers

The integration of Story into Ankr’s Web3 API service offers a significant advantage for developers within the Story ecosystem. Ankr’s readily available RPC/API endpoints allow developers to access Story’s blockchain instantly, streamlining the process of building powerful, decentralized applications. Chandler Song, Ankr Co-Founder and CEO, emphasized the importance of performance in blockchain protocols, stating that Ankr’s infrastructure will support developers in disrupting the IP industry.

Weilei Yu, Story’s VP of Ecosystem, highlighted the critical role of infrastructure partners like Ankr in empowering developers on Story’s IP blockchain. This collaboration aims to eliminate technical barriers traditionally associated with blockchain development, offering new opportunities for users and developers to engage with blockchain technology effectively.

Understanding Ankr’s Story RPC Connections

Ankr’s Story RPC connections will serve as a bridge between wallets, command-line interfaces, or decentralized applications and the Story blockchain. These connections relay on-chain information between Story nodes, chains, and end-users, enabling tasks such as transactions, wallet balance updates, and ownership information retrieval. By providing a geo-distributed network of blockchain nodes, Ankr ensures low latency and reliable connections for developers.

This infrastructure eliminates the need for developers to set up their own Story nodes, saving time and resources. Ankr’s Premium RPC Plan offers advanced tools, including high request rates, prioritized requests, and rapid support, further enhancing the development experience on the Story network.

For more information on this partnership, visit the official announcement here.


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Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

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