Pocket Network News | AUGUST 2021

📰 News

The Republic published a primer on Pocket Network

https://republic.co/blog/crypto/pocket-network-primer

Pocket Network now supports Polygon!

On August 12th, we officially announced that from now on Polygon is supported and decentralized RPC access to Polygon’s full stack scaling solution is now possible!

Pocket Network now has support for @0xPolygon 🚀

Adding it's middleware layer for decentralizing RPC access to Polygon's full stack scaling solution.Read more: https://t.co/Y6EeiFqfFn#FullNodes #Polygon #Scaling— Pocket Network (@POKTnetwork) August 12, 2021

Developers can mint a Polygon RPC endpoint through the Pocket Portal in just a couple of minutes. Making your DApp actually decentralized and gaining the advantages that come with it:https://www.youtube.com/watch?v=uNODtPM2u9sDid you know even users can help drive more relays to the Pocket Network? Simply switch your default Metamask RPC to a Pocket endpoint:https://www.youtube.com/watch?v=C0jDq20pBYQ

Pocket Network officially supports xDAI

📢We are thrilled to announce that @POKTnetwork now officially provides its decentralized, easy-to-use endpoints for all xDai users and developers!🌐

Create your own free xDai endpoint in seconds using Pocket Portal➡️https://t.co/gxHx5geu9KRead more➡️https://t.co/VAl4UKr2lP— xDai (@xdaichain) August 20, 2021

Earlier this month, we announced to officially support xDAI on our network. As of August 26th, the xDAI Archival (000C) is now whitelisted!This means you can now serve xDAI Archival relays and earn POKT.Note: DO NOT add 000C to your pocket node stake until you have ensured your xDAI Archival node is working correctly, otherwise your Pocket node will be slashed. Endpoints are not available in the Portal yet but our Settlers of New Chains program provides a baseline of relays to cover your infra costs. We'll share more once the service is made available to Portal users.

Polygon Grants Hackathon - decentralized RPC access to all participants

Pocket Network is proud to sponsor Polygon Grants! Polygon Grants is the first kind of hackathon organized by Polygon and DoraHacks.$100k+ in prizes are allocated, $10k from Pocket Network. And 5K+ nodes are ready to go... of course!Interested in learning more? You can do so here!

📈 Network Heartbeat 🩺

Throughout August, blockchain applications using the Pocket Gateway have driven a total of ~563.4  million requests.All of which were successfully processed by the network. You read that right, over 500 MILLION requests processed in a single month! That is an increase of 356.3M relays compared to July (+172%!)In this timeframe, that means nodes have minted a total of 5.63M  POKT, with 89% going to the service nodes (5.01M  POKT), 10% going to the Pocket DAO (563.4K POKT), and 1% going to the block producers (56.3K POKT).At the time of writing this, there are 4,861  staked nodes in Pocket Network.Refresh of Weekly Relay Recap #37

In the last week of August alone, node operators served 201.96M relays from blockchain applications. That means they generated 2.01M POKT with 89% going towards the service nodes (1.79M POKT), 10% going towards the Pocket DAO (201.9k POKT), and 1% going towards the block producers (2.01K POKT).

Most Relays in JUNE: 6,561,442 (JUNE 10th)Most Relays in JULY: 16,062,953 (JULY 23rd)Most Relays in AUGUST: 40,728,936 (August 31st)Interested in helping us process these relays?If you’re new to running a node or you’re looking to get started with a node, then learn more here.

🧰 Developer Updates

Solana (0006) Whitelist

We are making preparations to whitelist Solana (0006) on Thursday September 9th. We advise node runners who wish to support this chain to begin making their own preparations by deploying their own nodes, getting up to sync, and simulating relays to ensure that everything is working as intended.DO NOT add 0006 to your pocket node stake until you have ensured your Solana node is working correctly, otherwise your Pocket node will be slashed.

Node Pilot V0.7.2 is now available!

ETH, AVAX, and BSC nodes have been updated to the most recent versions. This is a mandatory update for AVAX and BSC.These versions all have the recent GETH vulnerability patch.For instructions, see: https://docs.decentralizedauthority.com/versions

⚖️ Economic & Governance Updates

All-hands Community Call Recap

Today (September 3rd), various members tuned in on Discord for the all-hands community call.During this call, the following items will be focused on:

• New Desktop Wallet preview
• POKTscan Updates
• Community Strategy & Discord Refactor
• And more…

Can’t join the call? No problem! We’ll provide a recap on our forum shortly.

Governance Updates

PEP-9: Fuse Token Swap is up for voting, voting ends today!PEP-9 proposes a token swap with FUSE (250k POKT for 750k FUSE) that will result in relays being driven to the network. The FUSE token would be owned by the Pocket DAO and held/managed by the Pocket Foundation. The Pocket Foundation Directors will vote on behalf of the Pocket DAO on all FUSE validator votes.This is a vital part of the Fuse and Pocket Network ecosystem. Firstly, cross-community governance is important to help decentralize decision-making power. Secondly, the POKT tokens will be used for API calls and to encourage infrastructure on the FUSE network to be built around the Pocket Network community and nodes. Finally, the Fuse tokens can be used by POKT for future community projects that require cross-chain liquidity i.e. bridges, general network fees, or staking and governance.Learn more at: https://forum.pokt.network/t/pep-9-fuse-token-swap/1096

🐦 Wall of Tweets and Memes

0/ New 🧵 on @POKTnetwork which I believe is a crucial missing piece in blockchain infrastructure. Let’s dive in 👇

— shroom.jpg 🦇🔊 (☢️,☢️) 👘 (@0xshroom) August 10, 2021

Decentralized disrupters:Infura -> @POKTnetworkThe Graph -> PolywrapChainlink -> @API3DAO

Threat to incumbency happens quietly and slowly at first, then unsustainable subsidies and UX moat disappear and unforeseen new applications with the improved architecture spring up— RAPI3R 🗡 (@rAPI3r) August 5, 2021

🏗 scaffold-eth is back up and running smoothly with our new RPC. (And @POKTnetwork added too!)

✏️ Please add rpc.scaffoldeth back into your builds if you removed it!🔥 Master branch is now upgraded to the latest ethers.js so burners work on EIP1559 networks again too!🛠🚢🚀 https://t.co/wqnA8HrRjl— AustinGriffith (@austingriffith) August 10, 2021

For those who asked me about @POKTnetwork 's teaser video... we are now supporting @0xPolygon 👉🏽 https://t.co/SYhSc8Wu6O ❗️❗️❗️ https://t.co/9mbDytjfuy

— Richard Cuellar-Lopez (@RichLopezNY) August 12, 2021

.@POKTnetwork is growing like crazy. Great to see it, and important too, as it helps to make #web3 truly decentralized. https://t.co/vOszXVm6Q2

— Farid Rached 🔺 (@FaridRached) August 16, 2021

In the first 24 hours, @darkforest_eth players drove 3M relays per day to the @POKTnetwork protocol!

On the second day, 6.9M relays per day 🚀And on the third day, 10.9M relays per day 🤯https://t.co/wIJ4UhzUqsHow many relays do you think the forth day will have? pic.twitter.com/gzFOZP2fGQ— Alberto Jauregui | esoteRICK.eth 🧙‍♀️ (@DisruptBanksy) August 16, 2021

It’s a small milestone, but @POKTnetwork just did 30M relays in 24 hours with 100% success rate on all relays 🚀

— Adam Liposky (@AdamLiposky) August 17, 2021

Congrats on this. Seriously.@POKTnetwork is our black horse. We wrote about it here https://t.co/5R7DDgru0O (well @mattigags did, I just corrected typos)

Its much needed piece of crypto infrastructure. https://t.co/yYmIJnr40p— 🃏Fiskantes (Quest, Loot) (@Fiskantes) August 17, 2021

On the 4th day of @darkforest_eth v6r3, players drove ~14.5M relays to the @POKTnetwork 📈

0.01 POKT is minted for every relay served & validated, so in 24HRs roughly 145k POKT was generated 🤯89% --> #xDAI | Pocket nodes (129k)10% --> @POKTdao (14.5k)1% --> BPs (1.45k)— Alberto Jauregui | esoteRICK.eth 🧙‍♀️ (@DisruptBanksy) August 17, 2021

⚔️ xDai ⚔️ Weekly Recap for August 20 features protocol insights and updates from@immunefi @nethermindeth @darkforest_eth @POKTnetwork @CoinbaseWallet @elk_finance @SynapseNetwork_ and more!

➡️ https://t.co/LyoZCUn89J pic.twitter.com/czbLIbjjI6— xDai (@xdaichain) August 20, 2021

For @POKTnetwork nodes 🙂🙂🙂🙂 pic.twitter.com/jXYnuZ5v1v

— nils kaminski (@n1ils) August 21, 2021

What is being done to remove the last point of decentralized failure between users and the permaweb?https://t.co/fu8C0r55eR

ft. @rosmcmahon_real, @redstone_defi, and a special preview into Arweave x @POKTnetwork 👀🤝— Arweave.news (@ArweaveNews) August 25, 2021

#DeFi projects need to adapt to the multichain future or risk becoming irrelevant according to CEO of @POKTnetwork in @CoinTelegraph.

At Axelar we're striving to bring the DeFi world closer together with uniform #blockchain #interoperability solutions. https://t.co/LvqSjCOCHq— Axelar Network (@axelarcore) August 25, 2021

It's easy to take your decentralized tech stack for granted... 🙏

Today, Omen's thankful for:- @IPFS decentralized web hosting- @ENSDomains decentralized domains- @Radicle decentralized code hosting- @GraphProtocol decentralized APIs- @POKTnetwork decentralized RPC protocol— Omen Prediction Markets (@Omen_eth) August 25, 2021

Oh yes, @POKTnetwork is amazing.https://t.co/KrGHPPgUHj

— sanket (@sourcex44) August 26, 2021

@POKTnetwork serving nearly 40million unique relays in 24hours for a myriad of blockchain networks?

No big deal.We’ve been saying it since day 1 - this project and team is undeniable.Watch the fomo set in when they announce 400million relays in 24hours next month 🤣— Bryan Doreian (Snappy) (@BryanDoreian) August 30, 2021

📡 2.5B relays and counting...