Ancon Protocol Documentation Site and other news

IFESA
2 min readDec 6, 2021

Features

Announcing our Polygon SDK chain

Of course a consensus chain is required to build Data Unions, and the reason is that the economics requires incentives for it to work.

Another very important aspect, is that Graphsync networking works best with libp2p, which luckily Polygon SDK also uses it. Planning and everything, and just using it for onchain features, by mid-January 2022 we might do a testnet trial.

What is the difference between Chain and Node?

Ancon Protocol Node is the L2 features, a node which manages transactions and queries for use together with a L1. After the most recent pivot, any smart contracts chain.

Ancon Protocol Chain is a L1 blockchain, we need this for onchain metadata and for data anchoring, signatures/proofs and tokenomics/incentives for the forthcoming Ancon Data Union.

Will it be maintain?

Yes

How should I use Ancon Protocol Node?

It should be used as a replacement of your current Web3 APIs. It is a paradigm shift, think about it for a second, when you start a new NFT project, you need to deal with:

  • Smart Contracts (transactions)
  • Decentralized Storage
  • Queries, event subscriptions
  • Analytics
  • Oracles/Offchain data

Smart Contracts transactions can be binded with GraphQL mutations and Go. Decentralized Storage is included by default with IPFS and you can create your own storage but it needs to be IPLD LinkSystem compatible.

Queries and events maps to GraphQL query and subscription. For analytics, we added the Indexer interface, to index events which can be analyzed, including in real time.

Last, secure offchain data exchanges can be implemented with EIP-3668 Durin. Use it where it makes more sense, otherwise stick to oracles.

What about the forked IPFS with Graphsync fetch enabled?

Here it is. A complete Ancon Protocol Devops looks like this:

  • IPFS with Graphsync fetch enabled (plus customize for Extensions)
  • One or more Nodes (preferably in containers)
  • One chain node if you need onchain features or participate in the consensus

What’s next?

We are close to beta testing UI for NFT Cross Ownership, Swarm grant release and the upcoming NFT marketplace powered by Ancon Protocol Node and Polygon.

-Rogelio

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IFESA
IFESA

Written by IFESA

Industrias de Firmas Electrónicas, S.A. (IFESA) es la primera empresa panameña dedicada a tecnologías basadas en algoritmos criptográficos, firmas electrónicas,

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