Difference between revisions of "Ankr"

Latest revision as of 02:59, 23 April 2024

Basics

Announced on:
Mainnet release:
Based in:
From the DIA (who is a partner) October update (23-10-2020):

"An infrastructure platform and marketplace for Web3-stack deployment & decentralised nodes."

History

Audits & Exploits

Bug bounty program can be found [insert here].
From Blockthreat:

"On December 2, 2022 Ankr lost $5M as a result of a private key compromise which was used to upgrade aBNBc contract with a malicious minting function. It was a particularly nasty combination of an offchain private key hack and an on-chain contract upgrade which resulted in quadrillions of aBNBc tokens minted on BSC. Attackers were particularly nasty by leaving the minting function exposed inviting a barrage of copycat exploiters. Interestingly a group of traders made three times the profit than the original Ankr attackers by exploiting a slow price oracle to borrow $19M worth of Helios stablecoin. Helio lost $19M as a result of a delayed price oracle which allowed traders to borrow stablecoin with worthless aBNBc token."

Had an audit done by Beosin (28-11-2020).

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token allocation

Utility

From the Stkr announcement (19-8-2020):

"ANKR token is already used on the Ankr node and API market as a payment method for hosting fees. But with the launch of Stkr, we have reimagined our token utility!

The ANKR token is the only way to use the Stkr protocol, but users are heavily rewarded from being active in the ecosystem in order to gain rewards. Stakers become stakeholders, either providing computing power to our existing network or deciding on the future direction of the platform in governance elections to strengthen the network."

Token Details

Technology

Whitepaper can be found here (24-5-2019).
Code can be viewed [insert here].

How it works

Fees

Upgrades

Staking

Will stake on Skale (10-8-2020)

Liquidity Mining

Scaling

Different Implementations

Interoperability

Is supporting over 50 protocols (11-11-2020).

Other Details

Oracle Method

Their Other Projects

Ankr Staking

Fka Stkr (22-1-2021).
From the announcement (19-8-2020):

"Stkr is a decentralized protocol and platform that combines staking and DeFi, implementing elements from traditional staking with non-custodial staking, Micropools and decentralized governance. The Stkr protocol is built by Ankr and relies 100% on the ANKR token."

Stkr website & mainnet deposit contract have been released (10-11-2020).

Binance Smart Chain

Has become one of the 21 validators of BSC (8-3-2021).

Neura.io

A blockchain for AI powered by Ankr, had its testnet going live on 22-4-2024.

Roadmap

Can be found [Insert link here].

Usage

Says they have 8000+ nodes deployed (11-11-2020).

Projects that use or built on it

According to its website it is used by:

Acala, Arweave, Biki, Binance, Celo, Ferrum Network, Compound, Elrond, Harmony, LTO Network, Matic, NGC, Oasis, Prometeus, Vite, TomoChain, Waves and 50 more.

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partners

Team

Full team can be found here (11-11-2020).
They claim their team comes from Amazon, AWS, BitGo, Ethereum, Goldman Sachs, Fitbit, Morgan Stanley, Oracle, Yandex and EOS.
Chandler Song; CEO

Funding

Prisma; founders were part of the first Prisma round (31-5-2023)
Got investment from NGC

Partners

Partnered with Microsoft on node software (21-2-2023).
Bitfrost, mentioned as a supporter/cooperator (11-11-2020).
One of the many launch partners of Bitlayer (3-4-2024)
From the DIA (who is a partner) October update (23-10-2020):

"DIA and Ankr collaborate to further decentralize primary sourced data collection in various blockchains."

From the FAQ of Fetch.ai (8-6-2020):

"Ankr: The partnership, agreed in December 2019, will see Fetch.ai further grows its network. Ankr will provide a node hosting application which enables users to run Fetch.ai master nodes."

Participates as an Indexer in the Mission Control testnet of The Graph (11-11-2020).
Part of the Celo Alliance (11-11-2020).
Berkeley (11-11-2020):

"Ankr has been essential to Blockchain at Berkeley to provide consistent uptime for a variety of nodes and going above and beyond individual support 24/7."

It is one of the whitelisted institutions of the TRON DAO Reserve (TDR), which governs the overcollateralization of USDD (4-11-2022).

@@ Line 1: / Line 1: @@
-== Basics ==
+==Basics ==
 * Announced on:
 * [[Mainnet]] release:
@@ Line 7: / Line 7: @@
 == History ==
+== Audits & Exploits ==
+* [[Bug bounty]] program can be found [insert here].
+*[https://newsletter.blockthreat.io/p/blockthreat-week-48-2022 From] Blockthreat:
+''"On December 2, 2022 Ankr [https://blog.neptunemutual.com/taking-a-closer-look-at-ankr-hack/ lost $5M] as a result of a [[Private Key|private key]] compromise which was used to [https://medium.com/@numencyberlabs/ankr-attacked-event-analysis-d9582b176056 upgrade] aBNBc contract with a malicious minting function. It was a particularly nasty combination of an offchain private key hack and an on-chain contract upgrade which resulted in quadrillions of aBNBc tokens minted on [[Binance|BSC]]. Attackers were particularly nasty by leaving the minting function exposed inviting a barrage of copycat exploiters. Interestingly a group of traders made three times the profit than the original Ankr attackers by exploiting a slow price [[oracle]] to borrow $19M worth of Helios stablecoin. Helio lost $19M as a result of a delayed price oracle which allowed traders to borrow stablecoin with worthless aBNBc token."''
+* Had an [https://twitter.com/ankr/status/1332707047700369411 audit] done by [[Beosin]] (28-11-2020).
+=== Bugs/Exploits ===
+==Governance==
+===Admin Keys===
+===DAO===
+===Treasury===
 == Token ==
 === Launch ===
@@ Line 17: / Line 28: @@
 === Token Details ===
-=== Stablecoin ===
 == Technology ==
 * [[Whitepaper]] can be found [https://s3-us-west-1.amazonaws.com/app.ankr.network/assets/Ankr_Whitepaper_20190524.pdf here] (24-5-2019).
 * Code can be viewed [insert here].
-* Built on:
 === How it works ===
-=== Mining ===
+=== Fees ===
+=== Upgrades ===
 === Staking ===
 * [https://skale.network/blog/skale-network-ecosystem-for-ethereum-scaling/ Will] stake on [[Skale (SKL)|Skale]] (10-8-2020)
 === Liquidity Mining ===
-=== Layer Two ===
+=== Scaling ===
 === Different Implementations ===
 === Interoperability ===
@@ Line 34: / Line 44: @@
 === Other Details ===
-== Privacy Method being used ==
+== Oracle Method ==
-=== Compliance ===
-== Oracle Method being used ==
 == Their Other Projects ==
 === Ankr Staking ===
@@ Line 48: / Line 56: @@
 * Has [https://medium.com/ankr-network/ankrs-binance-smart-chain-validator-stake-your-bnb-with-0-commission-for-the-highest-apy-53dd8f772729 become] one of the 21 [[validators]] of [[Binance|BSC]] (8-3-2021).
-== Governance ==
+=== Neura.io ===
-=== DAO ===
+A blockchain for AI powered by Ankr, had its [[testnet]] going [https://twitter.com/ankr/status/1782438171696836975 live] on 22-4-2024.
-=== Treasury ===
-== Upgrades ==
 == Roadmap ==
 * Can be found [Insert link here].
-== Audits ==
-* [[Bug bounty]] program can be found [insert here].
-* Had an [https://twitter.com/ankr/status/1332707047700369411 audit] done by [[Beosin]] (28-11-2020).
-=== Bugs/Hacks ===
 == Usage ==
 * [https://www.ankr.com/ Says] they have 8000+ nodes deployed (11-11-2020).
@@ Line 66: / Line 69: @@
 == Competition ==
-== Coin Distribution ==
 == Pros and Cons ==
 === Pros ===
 === Cons ===
-== Team, Funding, Partnerships, etc. ==
+== Team, Funding, Partners ==
 === Team ===
 * Full team can be found [https://www.ankr.com/about-team here] (11-11-2020).
@@ Line 76: / Line 78: @@
 * Chandler Song; CEO
 === Funding ===
-* Got [https://www.ngc.fund/hb.php investment] from [[NGC]]
+* [[Prisma Finance (PRISMA)|Prisma]]; founders were [https://mirror.xyz/0xcaD9653550286Eb1D4779D622A6a5218b446b57C/wYAgS4n7aL4tNFdxSed_m_5nrNXg_3yNc18CwBdCyfU part of] the first Prisma round (31-5-2023)
+*Got [https://www.ngc.fund/hb.php investment] from [[NGC]]
 === Partners ===
-* [[Bitfrost (BNC)|Bitfrost]], [https://bifrost.finance/en mentioned] as a supporter/cooperator (11-11-2020).
+* [https://twitter.com/ankr/status/1628034084856377346 Partnered] with [[Microsoft]] on node software (21-2-2023).
-* From the [[DIA (DIA)|DIA]] (who is a partner) October [https://medium.com/dia-insights/community-update-october-2020-512c467ef3eb update] (23-10-2020):
+*[[Bitfrost (BNC)|Bitfrost]], [https://bifrost.finance/en mentioned] as a supporter/cooperator (11-11-2020).
+* One of the many launch [https://chainwire.org/2024/04/03/bitvm-based-bitlayer-a-leading-bitcoin-l2-nets-5m-in-funding-unveils-50m-ready-player-one-program/ partners] of [[Bitlayer]] (3-4-2024)
+*From the [[DIA (DIA)|DIA]] (who is a partner) October [https://medium.com/dia-insights/community-update-october-2020-512c467ef3eb update] (23-10-2020):
 "''DIA and Ankr collaborate to further decentralize primary sourced data collection in various [[blockchains]]."''
 * From the [https://fetch.ai/faqs/ FAQ] of [[Fetch.ai (FET)|Fetch.ai]] (8-6-2020):
@@ Line 87: / Line 92: @@
 * [https://www.ankr.com/ Part] of the [[Celo]] Alliance (11-11-2020).
 * [[Berkeley]] (11-11-2020):
-''"Ankr has been [https://www.ankr.com/ essential] to Blockchain at Berkeley to provide consistent uptime for a variety of [[nodes]] and going above and beyond individual support 24/7."''[[Category:Companies/Organisations]]
+''"Ankr has been [https://www.ankr.com/ essential] to Blockchain at Berkeley to provide consistent uptime for a variety of [[nodes]] and going above and beyond individual support 24/7."''
+* It is [https://messari.io/report/state-of-tron-q3-2022?referrer=all-research one of the] [[whitelisted]] institutions of the TRON DAO Reserve (TDR), which governs the overcollateralization of [[USDD]] (4-11-2022).[[Category:Companies/Organisations]]