Ankr Network’s 2.0 upgrade aims to improve Web3 decentralization

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Ankr Network’s 2.0 upgrade aims to improve Web3 decentralization
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Ankr Network’s much anticipated 2.0 upgrade brings major changes to the network to deliver more decentralization, reliability and speed to one of the industry’s leading RPC providers.

Decentralized Web3 infrastructure provider Ankr Network has introduced its Ankr Network 2.0 upgrade aimed at transitioning blockchains into more resilient node networks.

The upgrade centers around making Web3 more decentralized through several new features, such as an option to run an independent node, the ability to stake ANKR tokens on a full node, and the Ankr DAO.“The upgrade is aimed at transitioning more blockchains, and the DApps built on them, to more distributed and resilient node networks supported by independent node providers.”

By expanding access to independent node providers, Ankr 2.0 aims to increase the number of nodes and the degree of decentralization on the network to eliminate a single point of failure in the node infrastructure. This also means that Ankr competitors may be able to join the protocol to provide nodes.

The upgrade will also allow users to, for the first time, stake their ANKR on full nodes to secure the network and earn income. Stakers will also be entitled to a 49% share of the user fees spent on Ankr Network for their contribution.

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