Ankr Network

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Ankr Network

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Ankr Network
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The Proof of Useful Work (PoUW) consensus enables a self-sustainable blockchain framework. Instead of wasting electricity and computing power on hashes like Bitcoin does, PoUW uses these resources towards useful work tasks provided by enterprises and consumers.

The protocol runs on SGX-enabled CPUs with remote attestation to ensure security and confidentiality.

The novel PoUW approach unlocks the massive potential of idle computing power around the world by providing enough incentives: in this scheme, every computation contributor gets compensated, and some will get the extra reward for generating the blocks.

In the future, this mining scheme can promote Universal Basic Income (UBI).

White paper


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September 16 2018

Details

Start: September 16 @ 8:00 am
End: September 30 @ 5:00 pm
Cost: 1ANKR = 0.0066 USD
Event Categories:
Event Tags:,
Website: Visit Event Website

Schedule

  • [Q4 2017 - Q1 2018] Project Research
  • [Apr 2018] Proof of Concept
  • [May 2018] Private sale
  • [Jun 2018] Whitepaper Release
  • [Jul 2018] Prototype Release
  • [Aug 2018] Public Sale
  • [Sep 2018] Testnet
  • [Oct 2018] Integration with BOINC
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