📡 Weekly Relay Recap #32 🛰️
Over the last week between 07/08 to 07/14, the Pocket Network protocol has successfully relayed over 35.8M application requests and settled at 4,193 nodes.
Weekly Relay Recap
06/17 to 06/23: 29,402,774
06/24 to 06/30: 22,457,892
07/01 to 07/07: 19,659,685
07/08 to 07/14: 35,810,275
For the week of 07/08 to 07/14, the average successful relays per day were ~5.11M. The highest number of daily relays was on July 8th, with over 5.91M relays.
This past week, 35.8M successful relays were processed. Nodes minted ~358K POKT during this timeframe, with ~318.71k POKT going to the service nodes, ~35.8k POKT going to the Pocket DAO, and ~3.58k POKT going to block producers.
Total Successful Relays from 06/17 to 07/14: 107,330,626
AVG Successful Relays Per Day 06/17 to 07/14: 3,833,236
AVG Successful Relays Per Week 06/17 to 07/14: 26,832,656
Over the last four weeks, applications using the Pocket Gateway drove a total of 107.3M successful requests 📡
In this timeframe, nodes have minted a bit over ~1.07M POKT, with 89% going to the service nodes (~955K POKT), 10% going to the Pocket DAO ( ~107.3K POKT), and 1% going to the block producers (~10.7K POKT).
Total Staked Nodes
Analysis by Marco 👋 | @TMod_Marco
Now that the chain halt is done and the settlers of new chains is live, we immediately saw a very healthy recovery in the number of total daily relays.
Settlers of new chains brings relays from different blockchain networks, C0D3R currently shows the number of relays per blockchain for a 24-hour and 72-hour window. The Ethereum Network is still by far the largest and most used blockchain network at the moment. Followed by RINK and BSCA. It’s going to be interesting to see how this changes overtime.
This week we processed over 35.8M relays! A great achievement, as this number of relays hadn’t been hit since early June. With a rapidly increasing number of new partners, more applications (DApps) connecting to POKT and more users, this is hopefully the beginning of a long-term uptrend in processed relays, especially with the recent release of our self-service Pocket Portal.
The number of active validator nodes is also slightly up. With still over 1,600 jailed validator nodes, it is expected to see the number of active validator nodes increase rapidly again over the course of the next few weeks.
We’d love to remind you of the upcoming EthCC side-event in Paris. Next week, on July 22nd, at 7PM CEST, you can either tune in physically or digitally through our live stream. We’re excited to talk about Web3 infrastructure, and managing Pocket validators at scale!
Four of our team members will be there! Michael, Vale, Richard, and Adam.
Signing up to be there can be done here.
Have you seen the good news yet?! On July 12th, Enrique got to announce the Pocket Portal is now live for every blockchain that we support!
The Pocket Portal is an open source front end and API enabling more Web3 developers to build with unstoppable infrastructure on any blockchain supported by Pocket Network.
If you’re interested in getting an endpoint for your DApp that’s 10x cheaper than other alternatives, then look no further because Pocket Network is here!
We’d recommend you to read through the full blog post to learn more about the portal, and to view a tour through the portal!
For developers that switch over their application, we provide access to 1 million free relays a day per endpoint (max 4 endpoints), full stop. No strings attached!
Next up for the portal is:
- Multichain Staking
- Self-custody Staking
- wPOKT Integration
- Polygon (Matic) Support
- And many more new blockchains and QoS enhancements!
For more information, see:
Please help us boost this launch by upvoting the Product Hunt listing: https://www.producthunt.com/posts/pocket-network-s-portal-gateway-to-web3
UntoldStories Podcast Episode
Yesterday, July 15th, Charlie Shrem shared his new podcast episode!
In this episode, Michael was invited as a guest to talk about some very interesting topics!
- Node and infrastructure Nuances
- How Pocket incentivizes people to run full nodes
- The role nodes play in decentralizing a protocol
A very lively and exciting episode that we would recommend you to check out the full ‘Getting paid to be Honest’ episode on Spotify.
What can you do to drive relays and add nodes to the network?
App Side of the Marketplace
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 Ethereum mainnet endpoint 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.
If your application or service is interested in becoming a launch partner for the wPOKT farming program, register here!
Node Side of the Marketplace
Don’t know how to run a node? Check out the Node Runner docs above to learn how.
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:
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.
Connect with Pocket:
🦜 Follow Pocket on Twitter at @POKTnetwork
💬 Chat with the Pocket team and community in Discord
👾 Visit the Pocket Network Website
♻️ Learn more about wPOKT