Wed, December 18

Tencent Cloud Launches Blockchain RPC with Ankr for Web3

Tencent Cloud Launches Blockchain RPC with Ankr for Web3 Market News
  • Tencent Cloud enters the Web3 arena with Tencent Cloud Blockchain RPC.
  • In partnership with Ankr, this innovative service streamlines Web3 infrastructure for developers.

Tencent Cloud, the global tech giant’s cloud arm, has made a significant stride into the Web3 space with the launch of Tencent Cloud Blockchain RPC. Developed in collaboration with blockchain service provider Ankr, this offering is set to redefine Web3 infrastructure and support Web3 developers in their quest for reliability and speed.

Tencent Cloud Blockchain RPC introduces a convenient way for developers to query data and execute transactions across various blockchains. Designed with stability, this service allows developers to interact with blockchain networks with astonishingly low latency, enabling them to focus their energies on decentralized application development.

Overcoming Node Challenges

One of the standout features of Tencent Cloud Blockchain RPC is its ability to help enterprises and Web3 projects overcome the formidable challenges of managing their nodes. These challenges include the high operational costs, manpower requirements, and resources needed to deploy, maintain, and upgrade nodes at short notice.

Additionally, the service tackles issues related to weak stability, hardware failures, network interruptions, and malicious attacks that can adversely affect application performance. It also addresses the problem of elastic scaling, ensuring flexibility during high-concurrency periods.

Poshu Yeung, Senior Vice President of Tencent Cloud International, expressed their commitment to the global Web3 community through this launch. Highlighting Tencent Cloud’s readiness to evolve and meet market demands effectively.

Stanley Wu, Co-Founder and CTO of Ankr, emphasized the significance of this partnership, noting that it marks a pivotal moment in integrating the decentralized internet with the broader web ecosystem, fostering accelerated blockchain application development.

Versatile Offerings

Tencent Cloud Blockchain RPC comes in three versions: public, premium, and an enterprise-exclusive option on the horizon. The public version offers free blockchain interaction with set features and rate limits. In contrast, the premium version caters to Pay-as-you-Go blockchain interaction, providing enhanced request throughput and rate limits.

Further, Tencent Cloud Blockchain RPC boasts high concurrency performance. That supporting up to 1,800 requests per second per chain. Leveraging Tencent Cloud’s cloud service expertise spanning over a decade. The offering guarantees high disaster tolerance, availability, and ultra-low latency RPC services.

Moreover, Tencent Cloud’s debut Web3 product is now live in Hong Kong and Singapore, serving a global clientele. It currently supports Ethereum Mainnet, BNB Smart Chain, and Polygon PoS. With plans to include more Layer-1 and Layer-2 roll-up blockchains.

I'm a Blockchain enthusiast and Crypto-Economic Analyst, passionate about helping people understand the potential of Decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, and more for well-known tech publications. My goal is to spread knowledge about this revolutionary technology to gain economic freedom and social good.