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HomeMarket UpdatesLayer 3 is accountable for the direct consumer integration element, says Ankr's...

Layer 3 is accountable for the direct consumer integration element, says Ankr’s Stanley Wu


  • Ankr’s CTO believes layer-3 blockchains can be accountable for react consumer integration.

  • Ankr operates a world community of blockchain nodes that serve RPC (Distant Process Name) requests coming from hundreds of builders.

  • Ankr lately suffered an exploit that noticed it lose roughly $5 million. 

Layer 3 blockchains can be essential within the ecosystem

Stanley Wu, the CTO of Ankr blockchain, revealed in a current interview, that layer-3 blockchains can be essential within the broader cryptocurrency ecosystem. He revealed this throughout an interview with NASDAQ.

When requested concerning the position of layer-3 blockchains within the trade, Wu stated;

“Layer 3 is accountable for together with the direct consumer integration element. Layer 3 can be known as the appliance layer. It hosts decentralized functions (dApps), demonstrating how blockchain know-how can be utilized in the true world.”

We have already got layer-1, layer-2 and layer-3 blockchains. Layer-1 is the principle blockchain structure, they usually embrace the likes of Bitcoin and Ethereum. When requested about how layer-2 and layer-3 blockchains work, Wu defined that;

“The perfect way forward for “Web3” – a time period that includes all layers – will permit all blockchains to work together seamlessly with each other via options like bridging, ZK rollups, and interoperability requirements. Paired with Layer-2 scaling options, this can present an expertise that’s built-in with the web in a approach that lets everybody simply profit from the underlying ideas that drove blockchain’s creation within the first place – true digital possession, trustless methods, and each enhanced privateness and transparency when desired.”

Ankr is a number one RPC supplier

Ankr is a blockchain mission that operates a world community of blockchain nodes that serve RPC (Distant Process Name) requests. 

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Wu revealed that the mission at the moment offers companies to hundreds of builders and functions that want entry to completely different blockchains. On common, Ankr serves roughly 7.2 billion of those requests daily.

Wu added that;

“Ankr’s RPCs are a kind of API that connects functions, crypto wallets, and builders to a wide range of completely different blockchains. Think about them serving as a messenger that relays blockchain-based data between nodes, functions, and end-users to allow them to execute transactions, perceive pockets balances, entry possession data, and extra.”
This newest cryptocurrency information comes after a turbulent couple of weeks for Ankr. ankr suffered a $5 million exploit earlier this month, with the crew revealing earlier this week that a former worker was behind the assault.

CoinsTeacher

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