pocket-network-continues-to-exceed-web3-industry-demand-with-record-number-of-protocol-relays

Pocket Network Continues to Exceed Web3 Industry Demand with Record Number of Protocol Relays

 

Pocket Network, a relay infrastructure middleware protocol that provides abundant blockchain bandwidth from a globally distributed network of 40k+ full nodes to applications in Web3 across 40+ blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Harmony, today announced its protocol has processed a record number of relays, nearing the benchmark of one billion daily.

Relays have doubled week-over-week and Pocket is nearing one billion daily relays, ten times the 100 million average daily relays Pocket was averaging in November. In just the last week alone, Pocket has had more relays than it did for the whole month of December.

“Robust blockchains require robust decentralized infrastructure, and we’re glad that we’ve been able to serve the demands of growing blockchain ecosystems,” said Michael O’Rourke, CEO and Founder at Pocket Network. “Relays drive the growth of our full node infrastructure, which in turn creates a more resilient and secure network.”

New blockchains and app integrations continue to switch to the decentralized global infrastructure provided by Pocket. Harmony and Polygon alone are driving hundreds of millions of relays across Pocket.

With its sustained growth, Pocket is proving the demand for decentralized web3 infrastructure. This demand is agnostic to market conditions, and will continue to be a mainstay in a bear or bull market. In addition, liquidity channels will open up as its protocol becomes more undeniable in terms of industry utility, where they are replacing middlemen with middleware, and where they continue to eat up the inherent inefficiencies in the current way the crypto industry is supported by cloud computing and hosting providers. Being cheaper, faster, and better has been the winning formula to Pocket’s scale and dominance.

pocket-network-breaks-30k-node-milestone,-now-twice-as-many-bitcoin-full-nodes

Pocket Network Breaks 30K Node Milestone, Now Twice As Many Bitcoin Full Nodes

 

Pocket Network, a Web3 RPC infrastructure middleware protocol which provides abundant blockchain bandwidth from a globally-distributed network of 30k+ full nodes to applications in Web3 across 37 blockchains, including Ethereum, Polygon, Solana, Fuse, and Harmony, now has a network with twice as many nodes as Bitcoin after mainnet launch a little over 18 months ago.

Pocket Network’s innovative incentive structure proves that the full node issues that have long plagued the Bitcoins network can be solved. While Bitcoin has gained 50% more nodes in the last year* from 10,000 to current numbers of 15,000, Pocket Network has jumped 3000% from 1000 to 30,000 nodes. Furthermore, Pocket nodes are capable of providing infrastructure services to not just Bitcoin, but over 3 dozen other blockchains including Ethereum, Solana, Avalanche, and Harmony.

“We all have Satoshi to thank for the start of the crypto revolution, Bitcoin’s full node issue lies in the lack of incentives listed in the whitepaper,” said Michael O’Rourke, Founder and CEO at Pocket Network. “While there will always be altruistic actors, most will do what is economically advantageous for themselves. Pocket Network’s incentives models show the simple powerful truth of aligning goals and incentives.”

With Pocket Network’s goal of supporting 100+ blockchains by the end of 2022, node count is projected to continue climbing to accommodate the increasing amount of relays that need servicing from Pocket Network’s global network of decentralized infrastructure. Regardless of blockchain, users and developers no longer have to pick between speed and security, efficiency and decentralization, uptime and latency.