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TRON Partners with Ankr To Improve Access To The Web 3 Infrastructure

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Singapore, Singapore–(Newsfile Corp. – May 22, 2022) – TRON, one of the largest and most popular blockchain ecosystems, announced Ankr Protocol, one of the fastest-growing Web 3 infrastructure providers, as its newest Remote Procedure Call (RPC) partner. TRON Public and Premium RPCs can now be accessed, create request calls, and receive information returns that mirror the results developers get by running a TRON full node. This partnership is a valuable step forward for TRON dApp developers looking to integrate capabilities for high-throughput, scalable, and secure apps.

New Web3 Partnership for TRON and Ankr

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Ankr provides a geo-distributed and decentralized TRON RPC, comprised of many independent blockchain nodes running worldwide for low-latency and reliable connections. Ankr’s TRON RPCs connect your wallet, command-line interface, or dApp with the TRON blockchain. They act as a messenger or blockchain router that relays on-chain information between nodes, dApps, and ultimately end-users. TRON RPC endpoints are a gateway for developers to interface directly with the TRON chain – a portal to communicate efficiently, remotely, and without going through the DevOps of establishing TRON nodes.

This partnership also solves some of the issues developers have been encountering, including:

Eliminates complex node ops

The Ankr public RPC will thoroughly remove the need for many developers to set up their TRON node, eliminating hours spent building, calibrating, and fixing node issues.

Grants access to advanced tools

Ankr Protocol’s Premium version instantly grants access to the best tools to build applications quickly, including unlimited TRON requests, global node distribution, dedicated TRON endpoints, prioritized requests, advanced developer API, and WebSockets (WS) capabilities.

Powers apps and open-source software that need access to TRON

Connect with a cluster of high-performance nodes that holds the information you need to build and operate dApps with TRON chain capabilities.

Supports the TRON network

Ankr Protocol will strengthen the TRON network globally by offering easier development and a broader, decentralized node infrastructure. In addition, Ankr will incentivize independent and enterprise node operators to add their nodes to the load balancer in return for ANKR tokens, adding additional TRON nodes to strengthen this robust network.

TRON is thrilled about this partnership with Ankr and looks forward to making integrating capabilities for developers a smoother and more secure process.

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of April 2022, it has over 92 million total user accounts on the blockchain, more than 3.2 billion total transactions, and over $8 billion in total value locked (TVL). In addition, TRON hosts the largest circulating supply of USD Tether stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the algorithmic stablecoin USDD was announced on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

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Media Contact

Feroz Lakhani
[email protected]

About Ankr Network

Ankr is building the future of decentralized infrastructure and multi-chain solutions, servicing over 50 proof-of-stake chains with an industry-leading global node delivery system and a developer toolkit. Ankr serves over 1T transactions a year across Web3 and is the main infrastructure provider for BSC, Fantom, and Polygon chains as of 2022.

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Media Contact

Kurt Ivy
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124929

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Blockchain

Ebang International Reports Financial Results for Fiscal Year 2023

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Blockchain

FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers

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A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.

The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.

Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.

The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.

As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.

Source: cointelegraph.com

The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.

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Blockchain

Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets

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Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.

The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.

Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.

As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.

Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.

Source: blockchain.news

The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.

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