TL;DR POKT Network’s core protocol team has decided to implement the first version of the next iteration of the protocol (v1) as a “micro-rollup” using Rollkit with Celestia as a Data Availability (DA) layer. You can read the announcement by @MatthewRossi, our Head of Product (Protocol), on behalf of the Pocket Network Foundation, here to…
News
One Small Step for Nodies. One Giant Leap for POKT Network.
Posted on October 6, 2023 by Pocket Network Today we are excited to announce that our second Gateway to the POKT Network, NodiesDLB, will begin live testing of sending relays through the network. Nodies is a trusted contributor in our ecosystem whose founders are ex-AWS engineers with expertise in infrastructure, especially as it pertains to…
Submissions Are Now Open for the first Retro POKT Goods Funding
Why Retroactive funding? Retroactive funding is a great complement to our other funding mechanisms because it enables us to use a novel variable. Time. Time allows impact to be fully observed before being rewarded. Because of this, it closes the gap between impact created and rewards received. This creates greater certainty for impact creators that…
A Sovereign Rollup and a Modular Future
For those of you who have been part of the POKT Network (or Pocket Network) community for a while, this is going to seem like a long overdue update on the status of “v1” (henceforth the Shannon Upgrade) – and it is that, but also much more! What we are excited to announce is that…
The Shannon Era Begins
The protocol team and Grove and PNF are excited to start releasing official Shannon materials. Shannon is the next generation of the POKT protocol, taking its utility to new heights with a modular design. Over the coming weeks PNF and the protocol team will be releasing developer tools, research works, bounty programs, and community initiatives…
Launching Retro POKT Goods Funding!
The launch of Retroactive POKT Goods Funding mechanism closes a small but important gap in our funding mechanisms, one we previously filled using ad hoc direct proposals. This represents a major upgrade and is part of making POKT Network the best place to contribute and to have your impact recognised and rewarded. This retroactive funding…
Ramping Up POKT Network’s Gateway Strategy with the Announcement of 3 New Gateways
POKT Network is excited to announce 3 new Gateways to POKT Network, from Developer DAO, Raid Guild, and Chainstack: doubling the number from today, taking us from just 1 Gateway just 7 months ago to a total of 6 Gateways in the very near future. Today we’re excited to announce the launch of three new…
Partnership Announcement: Thesis Defense
We’re excited to announce Thesis Defense as the security audit partner for POKT Network’s upcoming Shanon upgrade. Shannon represents a huge advance for our project, distilling the experience gained running our Decentralized Physical Infrastructure Network (DePIN) on a live mainnet for 3+ years, while accelerating POKT Network towards our larger vision. This transition…
Gateway Server Launched!
Today POKT Network announces the launch of our open source Gateway Server. This powerful tool makes it easy for any RPC provider or application to quickly spin up a Gateway to our decentralized network of c.15k nodes, in 22 countries, supporting 50+ chains. Our decentralization enables unmatched scalability and resilience, all at just $0.85 /…
How POKT Network Scales Up Web3
Non-validating nodes play a crucial role in the functioning and scalability of blockchain networks. But what exactly are non-validating nodes, and what risks does a lack of these nodes present to a blockchain network? In this post, we’ll delve into the role of non-validating nodes and the benefits they provide. We’ll also look at the…