Partnered With:

Ankr application chain, the future of Web3 development

Read this article in 15 Minutes

Ankr application chain provides a new way for Web3 developers to achieve ultra-fast market launch through fast and dedicated blockchain infrastructure.

Original source: Ankr

< br>

Ankr application chain is designed to help Web3 projects and dApps run on specialized blockchains, satisfying The exact needs and specifications of developers, there is no need to compete for resources on L1 and L2, and there is no need to create Layer 1 from scratch.

Why is Web3 so crowded?

In the current Web3 environment, thanks to Ethereum's pioneering status, most dApps are built on the Ethereum network, which has also led to it becoming a rather crowded and expensive network.

In addition to Ethereum, other Layer1 smart contract protocols (such as Solana, Avalanche, Fantom, etc.) and side chain extension solutions have emerged Initiatives, such as Polygon, are trying to facilitate and accelerate the development and adoption of Web3.

These platforms have one thing in common: they are trying to build applications on Web3 cheaper, faster and easier.

However, even with these new protocols and scaling mechanisms, many dApps will still face high gas fees, congested networks, Complicated transactions and many other technical issues. The reason is that dApps built directly on Layer1 use the same virtual machine and its limited resources.

In short, all dApps on Ethereum (or Avalanche, BNB Chain, Polygon, etc.) compete with each other. This is essentially the "noisy neighbors" problem of traditional cloud computing presented on Web3.

What options do Web3 developers have?

p>
Web3 developers have four options when launching their dApp:

1. Build a Layer1 blockchain from scratch To host dApp

2. Use smart contracts to build dApp on Layer1 blockchain (such as Ethereum)

3. Build dApps on Layer2 scaling solutions (such as Polygon)

4. Publish dApps on the application chain

Option 1 is not feasible for most projects. Layer 1 blockchains are difficult and expensive to create and maintain. This requires developers to take on the daunting task of building a new blockchain from scratch, including all the infrastructure for validator nodes, RPC nodes, browsers, testnets, faucets, staking mechanisms, and more.

Option 2 is the most popular, but the problem is that it can be very slow, expensive, and difficult to scale. This is a real-time problem with the Ethereum network. Since Option 2 is no longer as viable as it was originally, the developers are looking for alternatives.

Option 3 is gaining popularity. Layer 2 is generally more scalable, faster, and economical than Layer 1, but like Layer 1, it still suffers from the growing number of applications. In other words, Layer 2 starts from a better place (scalability), but they are vulnerable to the same problems in the long run. In addition, Layer 2 scaling solutions may also carry additional risks due to complex and vulnerable asset bridges, etc.

Next, we will discuss in detail the feasibility of solution 4 "publishing dApp on the application chain" and its impact on Web3 development Tremendous influence.

Why should developers consider the application chain?

< h4>Excellent scalability

Application chain is a dedicated blockchain that only contains a specific dApp, similar to single rent The blockchain of bare metal servers has no "noisy neighbors". Since there is only one dApp per chain, projects can avoid competing for network resources. In this model, only one dApp processes transactions and uses computing power.

Therefore, developers do not need to launch applications on the existing L1, compete with thousands of dApps for traffic, and There is no need to build a new L1 from scratch, just build on the BNB Chain, Polygon or launch your own custom private application chain on a network such as Avalanche.

These application chains are similar to side chains attached to the main chain, which can have their own consensus mechanism and only process their own transactions, allowing great flexibility in choosing the right level of speed and security for a particular use case.

More flexibility

< p>Smart contract development depends on a specific programming language and a specific virtual machine (such as EVM). However, the development flexibility on the application chain is higher than that of smart contracts, and there is no need to pay too much attention to details.

Through the application chain, developers can choose their own programming language, consensus mechanism and development framework. Through more familiar development tools and programming languages, it replaces the Web3 native programming language necessary for smart contract development, effectively reducing the technical threshold for joining Web3.

The application chain can customize and adjust components according to needs, and can also add multiple security, custom passwords, etc. Even, Lisk creators can generate additional revenue by collecting gas fees from all transactions on the network.

About Ankr Application Chain

< /p>

With the application chain, developers have the greatest flexibility and autonomy. The application chain is an ideal solution, but due to technical difficulties and lack of professional knowledge, it is not easy to launch the application chain. As a result, Ankr's application chain becomes more rare and important.

To create a blockchain side chain, main chain or other chains, it is usually necessary to start a verification node, an RPC node, and a block explorer , test network, faucet, pledge mechanism and other complete infrastructure. In general, the requirements for creating a blockchain are:

Obtain enough validators (block creators) to ensure Security and decentralization of the network

There are enough RPC nodes for developers to read/write data from the chain

·Create a block explorer (such as Etherscan, AnkrScan) to track on-chain data and transactions

Implement a faucet for testnet and other development tools to help build on-chain

Obtain sufficient network participation

Achieve "Exchange-Readiness" so that the native assets of the chain can Listing on trading platforms

A simple and effective solution is to use the Ankr application chain. Any Web3 developer can easily create a new application chain that fulfills all the above infrastructure requirements. Currently, Ankr application chain supports BNB Chain, Polygon and Avalanche protocols, which greatly reduces the difficulty for developers to build related application chains.

How does the application chain work

< h4>Main functions of Ankr application chain

·Validator binary file + configuration file (.toml)

·Load Balanced RPC Endpoint

·White-labeled Block Explorer

·Testnet faucet

·Staking support directly through UI

·Ankr「Exchange Readiness" program

The above functions will be introduced one by one below.

Validation node

Thanks to Ankr Protocol V1's node deployment service, Ankr is able to create a downloadable binary host for Lisk validators, so anyone can easily start and run a validator on Lisk.

The Ankr validator binary and configuration file (.toml) contains all the necessary resources to start the validator. Even more, developers can Ankr opts for a full validation setup and support for 7 hosted validators for one year.

RPC node

Ankr provides a decentralized infrastructure for load-balanced RPC endpoints and empowers Lisk developers to have as many full nodes as possible in the target country. Choose the RPC service that best fits your use case and receive 3-6 fully setup and managed RPC nodes.

Block Explorer

< p>By integrating the chain with the Ankr white label block explorer, it transparently displays transaction and address data for users, without requiring developers to build it separately. Choose to use the Ankr block explorer codebase, integrate with the Ankr multi-chain block explorer (Ankr Scan), or build a custom block explorer from scratch.

Testnet Faucet

The Faucet tool allows users to obtain public addresses and receive test tokens for interaction. Developers can create customizable testnet faucet solutions through Ankr's existing code base, providing applications or games with the resources and infrastructure required for testing before the mainnet goes live.

Staking Support

Projects can choose to integrate Ankr Liquid Staking to ensure the good development of dApps, this integration will allow holders to stake assets at a significant APY while maintaining liquidity. Ankr Staking provides a dedicated way for dApps to stake through an easy-to-use interface.

Exchange-Readiness

Exchange-Readiness program can help projects prepare for listing on mainstream CEX. Ankr has stable partnerships with mainstream CEXs and has extensive expertise to help projects complete the technical due diligence process with trading platforms.

The Future of Application Chain

< The p>Ankr application chain provides a new way for Web3 developers to achieve ultra-fast time-to-market for projects through fast and dedicated blockchain infrastructure. By launching on a dedicated application chain, projects can customize the chain to meet their needs, including consensus mechanisms and other features, reducing gas fees, improving exchange readiness, etc.

Whether you have a brand new Whether it's a dApp's Web3 startup, or an existing project built on a Layer1 blockchain, Ankr Lisk can help you take it a step further, create a custom blockchain, and scale your project to scale.