Ankr Network Whitepaper

What’s Ankr?
Ankr is a distributed computing platform that aims to leverage idle computing resources in data centers and edge devices. What Ankr enables is a Sharing Economy model where enterprises and consumers can monetize their spare computing capacities from their devices, on-premise servers, private cloud and even public cloud. This enables Ankr to provide computing power much closer to users at a much cheaper price.

In this white paper, we present the Ankr Blockchain, a multi-chain and useful work based decentralized network with a native data feed. We first review a novel mining solution using the Proof of Useful Work (PoUW) consensus. We will explain the Multiple-Chain Structure and then describe how we plan to provide an generic interface for Town Crier, an authenticated data feed for smart con- tracts. We will also discuss how Ankr’s technologies will enable de- centralized cloud computing. Finally, we will characterize the Ankr Ecosystem and the app interface to further facilitate the utilization of the Ankr network.

Ankr