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Chainsnap: A Joint Venture by Ankr and Storj for Quicker Node Deployment

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On March 1, the Web3 infrastructure provider Ankr and Storj jointly launched the node deployment infrastructure Chainsnap, which integrates Ankr\’s blockchain d…

Chainsnap: A Joint Venture by Ankr and Storj for Quicker Node Deployment

On March 1, the Web3 infrastructure provider Ankr and Storj jointly launched the node deployment infrastructure Chainsnap, which integrates Ankr’s blockchain data snapshot and Storj’s decentralized storage network, reducing the time required for node deployment. Chainsnap supports blockchains including Ethereum, Polygon and BNB Chain.

Ankr and Storj cooperate to launch the node deployment infrastructure Chainsnap

Interpretation of the news:


On March 1, 2021, two blockchain infrastructure providers, Ankr and Storj, collaborated to launch a new node deployment infrastructure called Chainsnap. This integration bridges the gap between Ankr’s blockchain data snapshot and Storj’s decentralized storage network, ultimately reducing the time required for node deployment. Chainsnap supports three popular blockchains, including Ethereum, Polygon, and BNB (Binance Coin) Chain, making it a valuable tool for individuals and businesses alike.

Ankr is a leading Web3 infrastructure provider that specializes in designing and operating secure, decentralized ecosystems for various blockchain applications. The company has been working to simplify the process of deploying and managing blockchain nodes by providing a wide range of solutions to developers, network validators, and users. On the other hand, Storj is a decentralized cloud storage platform that aims to provide a secure and cost-effective alternative to centralized cloud storage providers. Storj uses blockchain technology to create a network of decentralized nodes that can store and distribute data all over the world, eliminating the need for costly and centralized data centers.

Chainsnap combines the strengths of both Ankr and Storj to offer a more efficient deployment infrastructure for blockchain applications. The integration allows users to take a snapshot of a target blockchain through Ankr’s data snapshot service and store it on Storj’s decentralized storage network. This process speeds up the creation of a new node by reducing the amount of time required to download and sync the entire blockchain from scratch. Chainsnap provides a more affordable solution that eliminates the high costs of running a dedicated server or using centralized cloud storage services.

Chainsnap is currently available to users of the Ethereum, Polygon, and BNB Chain networks. This means that anyone using these blockchains can now deploy nodes more quickly and with greater ease. The joint venture between Ankr and Storj demonstrates the potential for collaboration in the Web3 space and showcases how different companies can work together to provide innovative solutions for the blockchain community.

In summary, Chainsnap is a powerful tool for blockchain developers and node operators that reduces the time and cost of deploying new nodes. Its integration of Ankr’s blockchain data snapshot and Storj’s decentralized storage network provides a more efficient and affordable solution that is available to users of Ethereum, Polygon, and BNB Chain. As blockchain adoption continues to grow, collaborations like this one between Ankr and Storj will shape the future of the industry.

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