ANKR Is Now Securing The Avalanche Bridge

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Ankr team announced via Twitter on Wednesday that Ankr has been added as a Bridge Node to safeguard the bridge between Avalanche and Ethereum and many more chains in the future.

The Ankr team announced via Twitter on Wednesday that Ankr has been added as a Bridge Node to safeguard the bridge between Avalanche and Ethereum and many more chains in the future. As a Bridge Node, Ankr has the responsibility of securing the Avalanche Bridge and ensuring all transactions coming across are valid and shielded from attacks.

The team added that Bridge Nodes will also assist in backing up and recovering bridge credentials if necessary, ensuring that funds held by the bridge are always safe while guaranteeing that each transaction is authentic.

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 $0.03432, up by more than 5% in the last 24 hours. 

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.