Pocket Network News - MAY 2020

Updates, News, and Behind the Scenes

Developer Updates:

Tomorrow, the Pocket Core protocol will be upgraded to the newest version RC-0.3.0. It’s the most stable and reliable release as of yet. Pocket Core RC-0.4.0 will be delivered in early June, our last major protocol update before mainnet launches at the end of Q2 / beginning of Q3.

The protocol update delivers improvements to our Pocket-JS library, Web3 Provider, and Node Deployment artifacts (Docker and Homebrew). It also hard codes support at the protocol layer for most of the existing blockchain networks. As long as someone runs a node for one of them, like Bitcoin, it can begin servicing relays from DApps of that specific blockchain and start earning POKT come mainnet launch.  

Our Infra Engineering team has built and deployed the Pocket DappNode Package (DNP), which makes it super simple for anyone with a DAppNode to simultaneously run an Ethereum node and become a validator in the Pocket Network. This means Nodlers can easily participate in our incentivized testnet by installing the Pocket DNP!

As part of the Pocket Incentivized Testnet, we announced our first bug bounty program. This gives developers the opportunity to earn more POKT for identifying bugs in the network to help ensure the security of the test network. 

Our App Solutions team developed the ICON Pocket Provider, which is similar to our Web3 Provider, as an independent package that developers can use inside their existing ICON applications to access reliable, decentralized node infrastructure. The ICON Pocket Provider abstracts away PocketJS for ICON. 

Economics and Governance Updates:

The Pocket DAO constitution is ~99% complete. It’s going through an internal review, then will be shared with key leaders in the governance space for an external review. 

News:

Alongside the release of the Pocket DNP, DAppNode and Pocket have joined forces to run a DAppNode Advanced Model giveaway. You and either one of your friends, colleagues, or favorite Web3 project could win a DAppNode Advanced. For details on how to participate, follow the directions in this Twitter thread

Incentivized testnet has been progressing well. So far, the Pocket Network has over 50 nodes running Pocket Core and an assortment base blockchain nodes, like Ethereum. This includes pioneers such as Figment Networks, Everstake, and Simply VC to name a few.    

Pabel Nunez Landestoy, Pocket App Solutions Engineer, shared what a DApp is and how they are structured, as well as, an example of a DApp using Pocket and Ethereum in the Decentralize Santo Domingo event “¿Que Es Una DApp? y ¿Como Crear Una?”. 

Our CTO Luis C. de Leon was featured in the Powered by Aragon video!

Behind the Scenes:

Pocket’s App Solution team is building integrations with Algorand, Solana, Matic, and Portis.

Once those integrations are done, the AS team will be focused on developing a new product codenamed Pocket Gateway. It will have the convenience of centralized NaaS providers, but under the hood, Pocket’s redundant-by-design and decentralized architecture. 

We are also working on other applications integral to our mainnet launch. This includes the Pocket Dashboard, as well as, both a native block explorer and wallet.

Here is a sneak peak of the Block Explorer:

Pocket Block Explorer

There has also been continued work on adding a gamification and reputation layer to our community channels. 

Connect with Pocket: 

🦜 Follow Pocket on Twitter at @POKTnetwork

💬 Chat with the Pocket team and community in Discord

🏗️ Join the Pocket Incentivized Testnet

Pocket Network News - APR 2020

Updates, News, and Behind the Scenes

Developer Updates:

  1. The Pocket Core protocol has been upgraded to a newer version (RC-0.2.1) making the network as stable as ever. 

  2. Alongside the protocol update, the app solutions team rolled out enhancements and improvements to our Pocket-JS library, Web3 provider, and node deployment artifacts (Docker and Homebrew). 

  3. Pocket launched it’s incentivized testnet last week. We are looking for node operators and application developers to battle-test the network ahead of the mainnet release. Participants have an early opportunity to earn POKT, which could be used to subsidize their costs come mainnet. This means applications will have even more cost-effective infrastructure at their fingertips and node operators will have lower marginal costs for running nodes. 

Economics and Governance Updates:

  1. A new economics page has been pushed to the Pocket Network website, including an updated staking calculator that estimates the cost for developers and the potential revenue for node operators. 

  2. The foundation, which will act as an interface for the DAO, has been officially incorporated! This is a special ownerless foundation structure, with a constitution that requires the board to execute decisions made by the Pocket DAO. More details to come. 

  3. Work on the MVP design of the DAO continues. You can expect to hear more as we approach the launch of the mainnet! 

  4. Components, like a multi-sig feature and GOD Mode, for the minimal viable DAO will be released at the protocol level next engineering sprint.  

News:

  1. We’ve sponsored two bounties (Best Pocket SDK Integration and Build a Multi-Chain Application with Pocket) in the Dragon Quest virtual hackathon by the MetaCartel! It’s a thirty-day online hackathon, so if you are a developer you still have the chance to build a project. Here’s a list of ideas we put together to help spur the brainstorming process for projects.  

Behind The Scenes:

  1. We are discussing and exploring different ways to further subsidize developer costs in order to keep them building and shipping, especially during these turbulent times.  

  2. We are preparing to add a community reputation layer to our Discord, Discourse, and Github via SourceCred. 

  3. We are working on walkthrough videos for node operators to make the onboarding process much easier. 

  4. We are collaborating with FL POLY to host an online hackathon so students can learn about and build on blockchain.  

Connect with Pocket: 

🦜 Follow Pocket on Twitter at @POKTnetwork

💬 Chat with the Pocket team and community in Discord

🏗️ Join the Pocket Incentivized Testnet

Pocket Network News - MAR 2020

Updates, News, and Behind the Scenes

Developer Updates:

  1. Pocket Core Tesnet P1 launched on Tuesday, February 11th! 

  2. Pocket Network is launching an incentivized testnet for both applications and nodes very soon. Stay tuned for more. In the meantime, join us in the Pocket Discord community to share your interest. 

  3. The Pocket engineering team deployed a new release candidate v0.1.0 of the testnet, as well as, updated both the Pocket JS library and Homebrew deployment

  4. Pocket Developer Portal version 2.1 has been made available. 

Economics and Governance Updates:

  1. The Pocket Economic Paper was published and shared shortly after the release of the testnet. The document covers the rationale behind the economics and monetary policy of Pocket Network and it’s two-sided marketplace.   

News:

  1. Pocket co-founder Michael O’Rourke spoke on the “Future of Programmable Money and Payments” panel at the Synapse Summit alongside colleague and visionary Chris Williams about the direction cryptocurrency is heading.

  2. We also had the opportunity to share news of the Pocket Testnet launch and Pocket Economics Paper release, finetune our pitch, catch up with some of our investors Brent Fisher and John Rasmussen, introduce people to blockchain, and connect with a handful of potential leads.

  3. The day after testnet launch, Pocket CTO spoke at “¿Qué es Blockchain y cómo usarlo en tu proyecto?”, a Decentralized Santo Domingo (DSD) event. He breaks down what blockchain is and how to use it in your project. You can watch a recording of the livestream, below.

  4. Earlier this week, we participated in the adjacent EthCC meetup Demystifying Node Deployment alongside SkillZ, Tezos, and Nomadic Labs. 

Behind the Scenes:

  1. The Pocket team met, worked, and relaxed in the Dominican Republic for our 2nd Pocket Summit. 

  2. At the summit, we recorded the Pocket Summit Sessions, which were deep dives into the protocol, economics, and governance layers of Pocket. The marketing department will publish them on our YouTube channel after making the appropriate edits. 

  3. DIS has transitioned its brand to DIS & DAT, now covering both infrastructure and application related blockchain projects in alternating newsletters every other week. You can subscribe to and read the first edition of ALL DAT here

Connect with Pocket: 

🦜 Follow Pocket on Twitter at @POKTnetwork

💬 Chat with the Pocket team and community in Discord

Pocket Testnet & Economic Paper Released

Pocket launches testnet phase one and shares its monetary policy

On Tuesday, Pocket launched phase one of the Pocket Core Testnet!

Testnet launched with support for Ethereum, Tezos, Open Application Network, POA, xDAI, and many more blockchains.

Pocket Core Testnet P1 features include:

  1. Pocket Core Daemon

  2. Pocket Command Line Interface (CLI)

  3. Pocket-JS

  4. Pocket-web3-provider

  5. Pocket Node Deployments

  6. Pocket Faucet for POKT Test Tokens

This also marks the transition from our previous MVP architecture to an architecture of a truly permissionless, resilient, and redundant design.

If you are a developer interested in building an unstoppable application or a node operator interested in supporting decentralized infrastructure, get started by checking out Pocket’s newly designed developer portal.

The launch of Pocket Core Testnet was shortly followed by the official release of our Pocket Economic Paper, which describes the economics and monetary policy behind Pocket Network for both sides of the marketplace: application developers and node operators.

Connect with Pocket: 

🦜 Follow Pocket on Twitter at @POKTnetwork

💬 Chat with the Pocket team and community in Discord

Pocket Network News - FEB 2020

Updates, News and Sneak Peeks

Developer Updates:

  1. Pocket Core Testnet Phase One is launching on Tuesday, February 11th 🚀  

  2. In the meantime, you can read this post to check out what will be included in phase one of testnet.  

  3. Pocket Network will be launching an incentivized testnet in mid-March. If you are a developer or a node operator interested in participating, join us in the Pocket Discord community.  

  4. Andrew Nguyen, the Lead Blockchain Developer of Pocket Network, implemented a Merkle Sum Index Tree to prevent replay relay attacks on the protocol. 

  5. In the ICON P-Rep Update #3, the Pocket team shared its first integration with the ICON network is for the official community ICON-JS SDK. 

Economics and Governance Updates:

  1. The Pocket Economic Paper will be ready for public consumption on Monday, February 10th. 

  2. Jeremy Beal, the Developer Evangelist of Pocket, published Pricing Throughput for Applications to demonstrate how staking will look like to developers interested in accessing a decentralized blockchain relay network. 

  3. Alberto Jauregui, the Growth Director of Pocket, published Monetizing Full Nodes with POKT Rewards to show how the staking process works for node operators that want to relay API requests to applications and secure the protocol.   

  4. Governance research is ongoing! Pocket is working on setting up a foundation that will be paired together with the Pocket DAO. 

News:

  1. Pocket Network was featured in the collaborative State Of Adoption crypto report. This slide shows the parabolic growth in API calls since the Pocket Core MVP launch.

  1. The Arcadia Group, a blockchain software development company, demonstrated how they’re leveraging the Pocket SDK to build lightweight, dynamic block explorers. By being able to query multiple Pocket Nodes running full-nodes, it can get many perspectives on the best chain tip. This removes the issue of having a single point of view, which could lead to incorrect display of forks and reorganizations and other data. 

Behind The Scenes:

  1. A new website designed by Valeria Benitez Florez, our Brand Director, was launched last week on Monday, January 27th.  She also made this killer Pocket Overview video 📹

  1. On February 1st, Michael O’Rourke participated in the Trust-Less 2020 panel Doubling Down: Offering Additional Services with Validation alongside Dan Elitzer of IDEO CoLab and Yaniv Tal of The Graph. To watch this Proof-Of-Stake conference session, click the hyperlink above.

  2. Pocket Network will be holding it down in the blockchain section of the Synapse Summit next week. Catch us there from February 11th to the 12th. 

  3. The Pocket team has expanded a bit more! Please, welcome our new DevOps Engineer Julio Jimenez. 

  4. If you were subscribed to DIS Weekly, it has been spun off into its own dedicated newsletter on Ghost. To continue getting infrastructure and application updates from projects within the blockchain industry, read and resubscribe here!

Support Pocket, Pocket Partners, and Decentralization: 

One of the easiest ways to support us is to use a wallet integrated with Pocket Network! 

Download MyEtherWallet and/or Nifty browser extensions, then choose Pocket Network as the default decentralized infrastructure provider. Pocket supports Ethereum and POA Networks in both wallets, as well as, xDAI in NIFTY. Here are the guides on how to flip the Pocket switch for each platform: MEW and NIFTY.

We also recommend downloading and using Portis to interface with your dapps, especially if you’d like to enjoy a seamless user experience with a familiar email/password login.

Need to trade or exchange tokens? Try out Saturn Network, the only decentralized exchange run completely off of a network of decentralized full-nodes (via Pocket).

Are you a developer? Build with us and our partners! 

If you are using Portis as a Web3 Provider, configure Portis to use Pocket in order to leverage the power and resiliency of decentralized infrastructure for your DApp.

Want crisp logs and analytics? Choose Pocket Network as the decentralized infrastructure provider on Terminal for your DApp. Follow along with this tutorial to learn how to integrate Pocket Provider with Terminal to surface logs and analytics.

Rather run a node? Our partner DAppNode provides the easiest way to run your own node! 

Connect with Pocket: 

🦜 Follow Pocket on Twitter at @POKTnetwork

💬 Chat with the Pocket team and community in Discord

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