POKT Network Powers Fantom Blockchain
Pocket Network
2022-04-28 10:38
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The Pocket community helps Fantom's RPC to achieve true decentralization.

The relay infrastructure middleware protocol Pocket started to support the Fantom blockchain. Fantom is a blockchain platform for DeFi, encrypted dApps and enterprises, which is extremely scalable.

The Pocket community uses its more than 44,000 full nodes around the world to provide unlimited blockchain bandwidth for Web3 applications on a total of 45 blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Concord.

After the Pocket community officially supports Fantom, developers can immediately create Fantom RPC endpoints from Pocket Portal, and node operators can also provide RPC relay services for applications on the Fantom chain and earn $POKT.

Michael O'Rourke, co-founder and CEO of Pocket Network, said: "Centralized RPC providers may have a single point of failure leading to service interruption. Pocket provides support for Fantom through the 0049 relay chain ID. In decentralized Fantom's At the same time, it also brings more rewards to node operators.”

The Pocket community helps Fantom's RPC to achieve true decentralization. The Pocket middleware protocol decentralizes the Fantom RPC layer and uses its native token $POKT to provide the second layer of full node incentives.

The functionality of most centralized blockchains is limited by the amount of access. The protocol layer of the Pocket community has its own load balancing function, providing an additional layer of redundancy, which cannot be replicated by centralized RPC providers.

Fantom Basis CEO Michael Kong said: "The decentralized RPC of the Pocket community helps Fantom build a censorship-free and decentralized infrastructure."

Alberto Jauregui, an ecosystem developer in the Pocket community, said: “Before this, Fantom had no full-node incentive mechanism—only a small number of Fantom validators were able to receive $FTM rewards.”

He added, "Supporting Fantom not only provides developers with elastic and reliable RPC services, but also creates additional income for full-node operators, and at the same time, the Fantom community is more stable. This is beneficial to applications and nodes on Fantom." It is a win-win for them, showing their commitment to building a truly decentralized, equal, democratic and environmentally friendly infrastructure.”

Pocket Network
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