Ankr’s unique, open source scaling solutions have dramatically improved BNB Chain’s scalability, storage requirements and sync processes.
BNB Chain currently accounts for $6.14 billionAnkr, the decentralized Web3 infrastructure provider Ankr has contributed a lot to the improvement of open-source network networks. This includes approximately 5% of total value locked (TVL).
Specifically, Ankr has worked on the BNB Chain’s performance shortcomings since September 2021, providing variuos scaling and output fixes.
💡Ankr provides a tremendous level of engineering support for public goods such as Web3 or ecosystems like BNB Chain.
— Ankr (@ankr) June 16, 2022
BNB Chain’s infrastructure provider delivers
Ankr protocol team revealed that their scaling solution has helped increase the performance the BNB Chain. It provides an ecosystem that is more beneficial to decentralized applications (dApps), game and governance protocols.
“Ankr is a key infrastructure provider for the BNB Chain ecosystem,” said Samy Karim, Ecosystem Coordinator at BNB Chain.
“Their contributions and expertise were critical in implementing upgrades to the BNB Chain with the Erigon client, rewriting Archive Node infrastructure, and creating a framework for BNB Application Sidechains,” he explained in a statement shared with CoinJournal.
Ankr’s upgrades to the BNB Chain
The BSC has seen a 10x increase of RPC (Remote Procedure call) request throughput. A 75% decrease in network storage and a 100x sync have also been achieved.
Also crucial is Ankr’s deployment of a new scaling framework that enables the rollout of application-specific sidechains on the BNB Chain.
According to Karim, the improvements will allow the BNB Chain ecosystem to continue to provide users and builders access to the “latest benefits” of the blockchain world.
These improvements are vital to BNB Chain and users will be able to enjoy more of their DeFi, Web3 and GameFi experiences. Ankr plans to provide additional support for the blockchain through cross-chain asset transfers and security upgrades.