Thursday, January 9, 2025

Ankr Joins IoTeX as Validator Node Operator to Enhance DePIN Infrastructure

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KEY TAKEAWAYS

  • Ankr integrates into the IoTeX ecosystem as a validator node operator, enhancing blockchain security and reliability.
  • IoTeX serves as a modular infrastructure platform within the DePIN ecosystem, connecting smart devices and real-world data to blockchains.
  • Ankr’s role includes providing high-performance validation services, supporting IoTeX’s decentralized and innovative Web3 landscape.

Ankr has announced its integration into the IoTeX ecosystem as a validator node operator, a move aimed at bolstering the security and reliability of the IoTeX blockchain. This collaboration seeks to enhance the development of Decentralized Physical Infrastructure Networks (DePIN), facilitating the creation of secure and interoperable applications.

Understanding IoTeX and Its Role in DePIN

IoTeX is recognized as the sole modular infrastructure platform within the DePIN ecosystem, connecting smart devices and real-world data to blockchains. Its data aggregator solution, DePINscan, provides real-time insights into token market caps, transactions, and device connectivity within the $27.1 billion DePIN ecosystem.

IoTeX’s infrastructure is designed to tokenize data and transform personal devices into communal economies. The platform is supported by a global team of over 60 research scientists and engineers, combining an EVM-compatible L1 blockchain with off-chain compute middleware and open hardware to connect billions of devices and dApps across both physical and digital realms.

Key features of IoTeX include modularity, scalability through sharding technology, secure hardware enclaves for data protection, interoperability with other blockchains, and user-friendly tools for developers. The IoTeX token is available on major exchanges such as Binance, Coinbase, and Crypto.com.

Ankr’s Role in the IoTeX Ecosystem

Ankr’s involvement as a validator node operator for IoTeX includes providing high-performance validation services, distributed validation, and continuous support and maintenance. This partnership underscores Ankr’s commitment to supporting the IoTeX project by ensuring robust and reliable network operations.

By operating a validator node, Ankr plays a crucial role in maintaining the integrity and security of the IoTeX blockchain, contributing to the broader goal of creating a decentralized and innovative Web3 landscape.

For more details on this collaboration, 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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