Pocket DAO Passes Two Key Proposals on Node Incentives
PRESS RELEASE. Pocket Network, a decentralized Web3 infrastructure provider that services blockchain data requests for applications and developers, is implementing key protocol changes after its community DAO voters rallied to boost network efficiency and bring costs down. As of late June, the Pocket DAO has passed two proposals with significant impacts on the incentive structure for nodes participating in Pocket Network’s protocol. Pocket’s protocol is serving approximately 1 billion RPC requests every day, and is on course towards a goal of supporting 100 blockchains before....
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The world of technology never seems to sleep, as existing devices are being put into smaller form factors on a regular basis. Several ongoing Indiegogo crowdfunding campaigns offer pocket-sized computers that all pack quite a punch. Rather than just using these devices to run a Bitcoin Node – which is certainly possible – they can be used as full-fledged....
According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more. Pocket Network, a relay infrastructure middleware protocol, announced a service integration to improve the network bandwidth of NEAR blockchain while enabling faster deployment times for Web3 developers.According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Fuse, Avalanche,....
The Bitnodes project issued its first incentive last week and will continue to do so until the end of 2015 or until 10,000 nodes are running. The program uses an incentive program started as an experimental process to reward those who run a node. Rewards for running full nodes are being paid in bitcoin. A Bitcoin node is a part of the network that allows Bitcoin to operate the way it does. It increases security and improves reliability by validating transactions and blocks and then relaying that information to other full nodes. Any individual can run a full node by using the Core client....
PRESS RELEASE. Pocket Network exceeded $56,000,000 in monthly revenues in December placing it in the Top Five revenue producer for blockchains globally surpassing many well known chains. Tampa Bay, Florida, U.S.A – 6th January 2022 – Pocket Network – an infrastructure middleware protocol that provides decentralized cloud computing and abundant bandwidth on full nodes to other applications across 20 blockchains, including Ethereum, Polygon, Solana and Harmony has closed a strategic round of $10 Million led by Republic Capital, RockTree Capital, Arrington Capital and C2....
Bitcoin’s incentives are clear and fair, while proof-of-stake has contrasting incentives that are the same as the current system where the rich get richer.