Fantom blockchain gets bandwidth powered by POKT Network

Synopsis

Pocket Network provides limitless blockchain bandwidth from a globally distributed network of more than 44,000 full nodes to applications in Web3 across 45 blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Harmony.

New Delhi: Pocket Network, a relay infrastructure middleware protocol, has announced its support for Fantom Blockchain, a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications.

Pocket Network provides limitless blockchain bandwidth from a globally distributed network of more than 44,000 full nodes to applications in Web3 across 45 blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Harmony.

Pocket Network enables developers to mint Fantom RPC endpoints for their applications directly from the Pocket Portal.
Presented By

Did you Know?

From Pro Kabaddi League to IPL,

View Details »
It will enable node runners to, for the first time, earn POKT tokens for servicing Fantom traffic from applications, tools, services and protocols, according to the Network.

Centralized RPC providers are often susceptible to single points of failure that can bring down service, said Michael O’Rourke, Co-Founder and CEO of Pocket Network.

“After successfully whitelisting support for the Fantom network with the 0049 Relay Chain ID, we’re proud to announce that Pocket Network is bringing decentralization to Fantom, providing incentives and rewards for node operators,” he added.

Adding Pocket Network support to Fantom blockchain brings true decentralization to Fantom’s remote procedure call (RPC), allowing Pocket’s middleware protocol to decentralize the RPC layer and provide a second layer of full-node incentives via its native blockchain protocol cryptocurrency $POKT.

As with most centralized blockchains, applications are limited by a certain number of requests per day. Pocket Network offers load-balancing built-in at the protocol layer to provide an extra layer of redundancy that centralized RPC providers can’t replicate.

“Having Pocket Network’s decentralized RPC on Fantom brings us one step closer to a future built on censorship-resistant and decentralized infrastructure,” said Michael Kong, CEO of Fantom Foundation. Presented By

Crypto Returns Calculator

0x1inchAaveAirSwapAlgorandAlien WorldsAmbire AdExAnkrApeCoinAugurAvalancheAxie InfinityBancorBand ProtocolBasic Attention TokenBinance CoinBitcoinBitcoin CashCOTICardanoCeler NetworkChainlinkChilizChromiaCivicCompoundCosmosCurve DAO TokenDFI.moneyDIADaiDashDecentralandDigiByteDogecoinEOSElrondEnjin CoinEthereumEthereum ClassicFantomFetch.aiFilecoinGASGalaGolemHarmonyIOSTIndian RupeeInternet ComputerJasmyCoinKyber NetworkLitecoinLivepeerLoopringMakerMetalMy Neighbor AliceNEMNEONKNNanoNumeraireOmiseGOPax DollarPolkadotPolygonPower LedgerQuantstampQuarkChainRepublic ProtocolRequestRippleShiba InuSolanaStatusStellarStorjSushiSwipeSynthetix Network TokenTerraTetherTezosThe GraphThe SandboxTheta FuelTheta NetworkThresholdTronTrue USDUSD CoinUniswapVeChainWavesZilliqaaelfdistrict0xiExec RLCyearn.finance

Bought onCurrent Value Buy

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Source

Updated: 04/27/2022 — 10:00