Weekly Relay Recap #45 ️

Over the last week (11/04 to 11/10), the Pocket Network protocol successfully relayed over 1.22B application requests and settled at 10,255 nodes.

Weekly Relay Recap & Analysis 👋

This week ended with a little blow-off after seeing continued increases day after day throughout the last couple of weeks. This brings the avg. number of daily relays to ~175M/day for the past week, meaning it’s the second week in a row in which we saw >1B total relays successfully processed by the Pocket Network nodes. The network also now has over 10,000 nodes – a major milestone!

Close to 3B relays were processed in total throughout the last four weeks. The exact numbers are displayed in the table below.

The pie chart below shows the distribution of all POKT (rewards) minted this past week.

POKTscan shows Harmony blockchain continues to dominate the number of relays driven to the Pocket Network. A close second is the Ethereum Network, followed by Fuse and Polygon.

* Purple: Harmony, Red: Ethereum Network, Dark yellow: FUSE, Light yellow: Polygon.

Updates

The Pocket Offsite

The Pocket Network team came together in Mexico to celebrate the achievements of this past year.

This week included tons of brainstorm sessions, amazing team activities and planning of our next big steps. We hope you’re ready for all that’s coming!

https://twitter.com/POKTnetwork/status/1458485493226741768?s=20

Governance

Currently no new proposals are up for voting. However, the forum is full of activity by our Pocket community members! Various new proposals are up for discussion, including:

  • PUP-9 Gigachad Pocket Portal Free Tier: the Foundation is running out of POKT to stake at the current pace, and therefore certain changes are proposed for the free tier.
  • PEP-13: POKTscan app: PEP-13 includes two options, with four possible deliverables for a POKTscan application. POKTscan intends to be the go-to platform for Pocket Network data analytics and node management.
  • PEP-15: POKTwatch: this proposal requests the support of development and hosting of POKTwatch 6, a Pocket blockchain explorer with a slick UX and a simplistic UI.

Join the discussion and share your opinion on the forum. Your voice matters and will be heard. You can do so by clicking the hyperlinks of the selected proposals.

News

Ferrum Receives Grant from Pocket Network Foundation to Build Bridge — Pocket Network Joins the Iron Alliance

Ferrum Network will be building a white-label token bridge for Pocket Network to be able to bridge POKT to wPOKT. Ferrum will also be aiming to utilize Pocket’s highly touted RPC infrastructure beginning in Q1!

The fund covers the development costs for this bridge, and we’re excited to see what they deliver!

For more information about the bridge, see the below Twitter thread, or announcement linked to in their tweet: https://twitter.com/FerrumNetwork/status/1458406016131944449?s=20

The Block dives into the Pocket Network

Chances are, you may have heard of The Block before. We’re extremely excited they’ve taken their team to do research to Pocket Network and share their findings.

Check out their full report at: https://www.theblockresearch.com/a-data-dive-into-pocket-network-123733

Or, check out this great Twitter thread by Hiroki:

https://twitter.com/blockhiro/status/1459035651861479426?s=20

Support IoTeX infrastructure and add a Pocket Endpoint!

Have you added the Pocket Endpoint for IoTeX in your Metamask yet? Learn how to do so below:

https://twitter.com/POKTnetwork/status/1456766917323239436?s=20

https://twitter.com/iotex_io/status/1458202441099341824?s=20

What can you do to drive relays and add nodes to the network?

Apps and App users.

If you care about privacy and decentralization, replace the default network provider in your MetaMask wallet with actual decentralized node infrastructure by adding a Pocket-powered RPC endpoints for Ethereum, Avalanche, xDAI, Fuse, and/or Polygon through the custom rpc settings!

Try out any of these other apps listed in the Conscious Dappitalism page within our new docs .

You can also earn a skill-role in our Discord community server for dogfooding any of those applications by completing a quest within the POKT arcade.

Nodes

Don’t know how to run a node? Check out the Node Runner docs above to learn how.

Try out Node Pilot, it’s the most user-friendly option to spin up both base layer blockchain nodes and Pocket nodes.

If you run into any issues,  a community of node runners (and our support team) would be happy to help. If you’d prefer to not run a node yourself, check out the forum for a list of node providers offering their services to people interested in participating in the ecosystem.

How to purchase POKT to stake?

When you are ready to take the step forward in supporting decentralized node infrastructure and earning Pocket’s native cryptocurrency for serving apps then visit any of these community-established OTCs:

https://forum.pokt.network/t/secondary-markets-for-pokt/629

They are the best way to buy or sell POKT; and it helps nodes cover the cost of their infrastructure. Join either private telegram channels (requires telegram) and message the admin to get started. Note that there are fees associated with the OTCs to help cover their costs and that neither Pocket Network, Inc., the Pocket DAO, nor the Pocket Foundation receives any of these fees nor any proceeds from the sale of POKT through the OTCs.