Ankr’s Rollup as a Service Adds Support for Arbitrum

Twitter icon  •  Published 3 weeks ago  •  Hassan Maishera

The Ankr team announced via a blog post on Wednesday that its Rollup as a Service support for Arbitrum is now in full effect.

The Ankr team announced via a blog post on Wednesday that its Rollup as a Service support for Arbitrum is now in full effect. This gives organizations and developers the opportunity to customize and deploy dedicated Orbit Layer 2 or Layer 3 chains that inherit benefits from the Arbitrum Nitro Tech Stack.

Ankr’s RaaS allows clients to create and use innovative new tokens as their native currency. It is also integrated with the leading modularity solutions and offers clients the ability to integrate with their choice of modular collaborators to offer the highest levels of scalability, efficiency, and decentralization possible.

Meanwhile, Arbitrum Orbit allows developers to tailor their chain to their specific needs. Developers can choose between Layer 2 or Layer 3 architecture, define custom functionalities, and even control gas fees.

Ankr Network is building a full-stack cloud infrastructure and marketplace for container-based cloud services. Users can now stake FTM tokens on Ankr to earn ANKR tokens. ANKR is trading at $0.04607, down by 4% in the last 24 hours. 

Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is up by 3% today and is trading at $1.2006.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.