📡 Weekly Relay Recap #23 🛰️
Over the last week between 04/15 to 04/21, the Pocket Network protocol has successfully relayed over 33.7M application requests and settled at 3,493 nodes.
Weekly Relay Recap
03/25 to 03/31: 18,912,509
04/01 to 04/07: 32,422,619
04/08 to 04/14: 42,346,285
04/15 to 04/21: 33,751,554
For the week of 04/15 to 04/21, the average successful relays per day were ~4.82M. The highest number of daily relays was on April 15th, with over 4.87M relays.
This past week, 33.7M successful relays were processed. Nodes minted a ~337k POKT during this timeframe, ~300.3k POKT going to the service nodes, ~30.0k POKT going to the Pocket DAO, and ~3.00k POKT going to block producers.
Total Successful Relays from 03/25 to 04/21: 127,432,967
AVG Successful Relays Per Day 03/25 to 04/21: 4,551,177
AVG Successful Relays Per Week 03/25 to 04/21: 31,858,241
Over the last four weeks, applications using the Pocket Gateway have driven a total of 127.4M successful requests 📡
In this timeframe, that means nodes have minted a bit over ~1.27M POKT, with 89% going to the service nodes (~1.13M POKT), 10% going to the Pocket DAO ( ~127k POKT), and 1% going to the block producers (~12.7k POKT).
Total Staked Nodes
3,493 (+166)
Analysis by Marco 👋 | @TMod_Marco
For the time being, the number of weekly recaps seems to have settled between 30M and 40M. Overall a decent range to be in, and we’re looking to grow this further as more applications are onboarded on the network as well as as more people use these very same applications
More interesting is the number of active validator nodes on the network. The number of active validators in the network continues to grow and is now counting close to 3,500 nodes!
If you were to look at C0D3R, you’d also notice that while the number of active validator nodes has gone up, the number of jailed validator nodes has gone down. I’m happy to see this and it’d be great to see this continue to improve as we move forward.
Updates
Is POKT as secure/trustworthy as your own node?
The answer? Absolutely! Don’t believe us? Listen to Pocket Network CEO & Co-Founder Michael O’Rourke in this episode by The DeFi Download.
The missing piece for the web 3.0 ecosystem
Michael also joined DeFi Slate in a ‘DeFi by Design’ episode. We believe this is an episode you can’t miss. For the first time Michael provides insights in his crypto origin story, how Pocket Network started, and various other personal experiences!
Node Pilot Community Call & Demo
Last week, the community held a community call in our Discord Cafe, and was the debut and walk-through of the Node Pilot! The Node Pilot has been in development since August 2020 and ties back to PEP-6 Node Pilot - A new node deployment solution.
For your reminder, features include: Automated TLS, Multi-chain support, 1-click backup, easy-access logs, node pooling, 1-click updates, and more.
Missed our community call? We uploaded the recap for you, so you don’t have to miss anything!
Make sure to join our next community call and keep your eyes on the ‘calendar’ room on Discord.
News
ArkStream Capital Branding Conference: Bull Cycle of Long Run 方兴未艾
Founder Michael O'Rourke joined various other Web3 leaders from protocols such as Ocean, Enjin, FTX, and others in the "Bull Cycle of Long Run" conference, hosted by Ark Stream Capital.
The following questions were answered, together with many other ones
- How do Web3 Unicorns cross the bull/bear cycle(s)?
- What's next for DeFi?
If you’re fascinated by Web3 like us, then you’ll want to check out the recap [01:10:35]:
https://play.yunxi.tv/pages/f846b38115cc484393eabeb710c255a6?openId=oY3Tsvic6lm4BHKkHJFAlnLd0NG4#/
What can you do to drive relays and add nodes to the network?
App Side of the Marketplace
If you care about privacy and decentralization, replace the default network provider in your MetaMask wallet with actual decentralized node infrastructure by adding a Pocket-powered Ethereum mainnet endpoint through the custom rpc settings!
Try out any of these other apps listed in this forum post. You can also earn a skill-role in our Discord community server for dogfooding any of those applications by completing a quest within the POKT arcade.
We are offering applications up to 1,000,000 requests per day as part of a limited free tier program. Please refer us to any blockchain apps/services that you want to be actually decentralized and truly resilient to single points of failure!
If your application or service is interested in becoming a launch partner for the wPOKT farming program, register here!
Node Side of the Marketplace
Don’t know how to run a node? Watch the Zero to Node videos above to learn how.
If you run into any issues, a community of node runners (and our support team) would be happy to help. If you’d prefer to not run a node yourself, check out the forum for a list of node providers offering their services to people interested in participating in the ecosystem.
How to purchase POKT to stake?
When you are ready to take the step forward in supporting decentralized node infrastructure and earning Pocket’s native cryptocurrency for serving apps then visit the community-established OTC run by Subzero, which is the best way to buy or sell POKT and helps nodes cover the cost of their infrastructure. Join the private telegram channel (requires telegram) and message the admin to get started. Note that there are fees associated with the OTC to help cover their costs and that neither Pocket Network, Inc., the Pocket DAO, nor the Pocket Foundation receives any of these fees nor any proceeds from the sale of POKT through the OTC.
Connect with Pocket:
🦜 Follow Pocket on Twitter at @POKTnetwork
💬 Chat with the Pocket team and community in Discord
👾 Visit the Pocket Network Website
♻️ Learn more about wPOKT