Positive Ankr opinions

Ankr
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So far,1 of opinions have been recorded for Ankr. These opinions are not investment recommendations but the community's perspective on Ankr. Please do not make a purchase decision based on these Ankr opinions.

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Ankr opinion #1

Positive opinion by Anonymous on 28.11.2020 5 of 5

The Ankr Network (ANKR) was launched as ICO (Initial Coin Offreing) in mid-2018 in San Fransico. As with many other projects, this is to embody the third generation block chain.
The technical peculiarity lies in finding the consensus. Here, the more recent PoUW (Proof of Useful Work) is used. The aim is to eliminate the unnecessary energy consumption, as with the normal PoW (Proof of Useful Work). In this project, too, the network is designed as a multi-layer in order to achieve better adaptations of the benefits. In addition, the plasma protocol enables a large number of side chains in the Ankr network.

In addition to trading in the exchange, there are three other revenue opportunities:
- The usual mining for PoW or PoUW processes.
- By means of fees
- Rewards through active participation in the community

It has recently become more active in the project again, which is also reflected in the rising price and the tenfold increase in market capitalisation in recent months. The project also ranks just below the 120th place. Furthermore, the network has a maximum capitalisation of 10 billion ANKR.