Ankr Profile (ANKR)

Rating: Good

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Fri, Mar 29, 2024 10:45 AM

	Market Cap	$247,394,262.18
	Market Dominance	0.0208
	24hr Volume	$31,135,630.18
	Price	$0.0247

74%

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Name

Ankr

Type

token

Platform

Ethereum

Ankr strives to build a resource efficient blockchain framework that truly enables Distributed Cloud Computing (DCC) and provides user-friendly infrastucture for business applications. There are indeed existing cloud solutions, but Ankr is the first one to leverage both blockchain and trusted hardware. Technology Overview Ankr provides a computation-resource-efficient blockchain and an integrated data feed system leveraging both cryptographic primitives and trusted hardware Proof of Useful Work The Proof of Useful Work (PoUW) consensus enables a self-sustainable blockchain framework. Instead of wasting electricity and computing power on hashes like Bitcoin does, PoUW uses these resources towards useful work tasks provided by enterprises and consumers. The protocol runs on SGX-enabled CPUs with remote attestation to ensure security and confidentiality. The novel PoUW approach unlocks the massive potential of idle computing power around the world by providing enough incentives: in this scheme, every computation contributor gets compensated, and some will get the extra reward for generating the blocks. In the future, this mining scheme can promote Universal Basic Income (UBI). Plasma Sidechains The Multi-chain Plasma implementation allows different applications to handle application-specific smart contracts on individual side chains, preventing transactions from overloading the PoUW-based main chain. Native Oracle Service Native Oracle Service (NOS) provides authenticated data feed by leveraging both cryptographic primitives and the trusted execution environment (TEE). Through a standardized API to port data from existing websites, NOS enables simple real-world business adoption

2.3/5

(8 reviews)

Ratings and reviews left by our members do not impact the profile score.

Zenith 1 year ago

Sad! Meta Apes is the first web3 app ever developed. This literally implied that everyone stating it's a scam is more or less petty. Investing emotionally. They have had 60+ partnerships within months. Unity included. They are very legit, and the only good thing I see here is; more for me! They have infrastructure. Something very little coins have. Leading in web3 currently and will continue. You didn't even give them any amount of time what so ever!

0 0

newmoon 2 years ago

This nothing more than another staking platform. The cloud computing they promise is non-existant.

0 1

smith121 2 years ago

ANKR is Definitely A SCAM! 1. Staking ETH2 does not work. 2. They promised open source software, but never happens. (they did open source some total unrelated code). They have no software development team at all, only outsource some work. 3. They just use AMAZON Cloud to pretend decentralized services. 4. Promised a mainnet chain, never delivered. 5. Promised using 40% of tokens on mining, but put these tokens in their own pockets, because they don't even have a chain to mine the tokens. They continue to say great new things are coming soon, but never never deliver. THEY JUST WANT YOUR MONEY!

1 1

Lexia 2 years ago

No, it is not. The team behind is a very knowledgeable team with years of experience in DeFi and crypto space, they are growing as we speak. We should not think of the price when talking about Ankr but about the infrastructure behind it.

1 0

Marcin 2 years ago

Probably not, but I've felt uncomfortable with them and withdrawn. I've staked some ETH for 2.0 as fETH without doing much research (my bad) as company seemed legit (SV, VC-backed, audited). First problem I've noticed is that audit report doesn't fully cover the service (only the initial stkr and aETH were audited), while I was using fETH. Upgrades are not audited as well. Strange accounts with crazy and overflow amount of tokens, that required mechanisms of manual overrides of shares from their admin. Commits to github Ankr sktr contract repository that was as pile of bug fixes until it was made private (probably to hide the mess). Not so awesome business model, IMHO. ETH2 alone, assuming $1B (10x of current) of staked money and 6% APY (and it will get only lower as participation increases) and 10% cut, they'd be getting: ~$6M in income yearly (doubt that covers operating expenses). Minting ANKR coin that does who knows what is another part and feels like a scam (like most ICOs). No confidence. I feel they may rug pull or get hacked. I've withdrawn my money the same day they've added liquidity pools.

0 1

Sal Bnejamin 2 years ago

This is a really good project, it was made to take ignorant noobs's hard earned money, people don't go beyond a project's website. ANKR's products do not work, there's huge market manipulation, one wallet owns over a billion worth of tokens, I wouldn't feel bad for you if you lost your money on this shit coin, people forget how esy it is to be listed on coinbase

0 1

Roy 2 years ago

Yes, I would say Ankr is a scam. Their flagship product, staking ETH2, does not work. They are evasive when you ask why, and try to string you along. They continue to say great new things are coming, but never deliver. Before you EVER think of using them, ask them what the written procedure is for getting a refund if it doesn't work. Hint: they don't have one. Look for a rug pull from these guys. Stay away!

0 1

Travis 2 years ago

Ankr might think its a legitimate company but their services equate to fraud, so yes they are a scam. I paid for service and when it didn't work i cancelled and asked for refund. I have yet to hear one word from support in over a month, THE ONLY THING THEY DID WAS TAKE MY MONEY. No other services or engagement has occurred.

0 1

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1.86/5

(8 reviews)

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