Maxihost and DeFi Protocol Ankr Enter into Strategic Partnership

Global cloud platform Maxihost will use DeFi protocol Ankr to monetize existing unused server capacity. Ankr now serves over 200 billion blockchain requests per month.

Leading software platform and DeFi infrastructure provider Ankr and hosting provider Maxihost have entered into a strategic partnership, CryptoMonday learned from a press release. This marks Maxihost’s entry into Web3 and the blockchain industry.

The global cloud platform will use the Ankr protocol to monetize existing unused server capacity. At the same time, it will support a more distributed global node network for the continued growth of crypto apps, Web3 platforms, and DeFi services.

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Urgent need for node distribution for DeFi

Approximately two-fifths of all nodes (nods) on the Ethereum blockchain are hosted in the United States, indicating an urgent need for additional node distribution to support key decentralized networks.

Maxihost is well-positioned to help Ankr improve the latency of inter-node communications and expand global networks through its platform. This is expected to improve blockchain access in Europe, North America, Asia Pacific and Latin America.

Josh Neuroth, head of product at Ankr, commented:

“Web3 adoption is growing rapidly around the world. Ankr now serves over 200 billion requests to the blockchain per month, and in order to scale that further, we need performance that only dedicated, custom servers can provide. These nodes need to be in close proximity to DeFi users. Maxihost’s global platform can help with that. We are particularly pleased to partner with Maxihost in Latin America, a region with growing demand for nodes.”

Guilherme Soubihe Alberto, CEO of Maxihost, added:

“We understand the need for Web3 infrastructure to meet the demands of emerging networks and node operators. And we are excited to enter the blockchain space and support Ankr by adapting infrastructure for this unique market, using high-performance servers and specific and expandable storage. This will allow us to manage the growing amount of data being generated on the Blockchain.”

Maxihost will provide over 100 servers

Under the partnership, the hosting company will provide more than 100 servers in 13 locations worldwide to Ankr. Servers in Buenos Aires and Bogotá are scheduled to launch in February 2022 to meet Ankr’s high demands in the region. Currently, Ankr Protocol serves over 700 million RPC requests per month from Argentina.

Maxihost uses high-performance, highly scalable AMD servers to handle the explosive blockchain growth. The bare-metal servers set up for Ankr are chain-independent. This means they can support RPC full nodes for all available blockchains.

The Ankr protocol supports Ethereum, Fantom, Solana, Binance Smart Chain, Polygon, and other leading blockchains.

Ankr will pay Maxihost in its own token

Maxihost will be able to monetize existing, unused server capacity via payment in the altcoin ANKR, which its partners will make to run blockchain nodes through Ankr on their custom, high-value servers.

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(Featured image by geralt via Pixabay)

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