📡 Weekly Relay Recap #26 🛰️
Over the last week between 05/13 to 05/19, the Pocket Network protocol has successfully relayed over 31.1M application requests and settled at 4,533 nodes.
Weekly Relay Recap
04/22 to 03/28: 34,005,895
04/29 to 05/05: 38,169,844
05/06 to 05/12: 39,308,148
05/13 to 05/19: 31,136,505
For the week of 05/13 to 05/19, the average successful relays per day were ~4.48M. The highest number of daily research was on May 13th, with over 5.48M relays.
This past week, 31.1M successful relays were processed. Nodes minted a ~311k POKT during this timeframe, ~276.79k POKT going to the service nodes, ~31.1k POKT going to the Pocket DAO, and ~3.11k POKT going to block producers.
Total Successful Relays from 04/22 to 05/19: 142,620,392
AVG Successful Relays Per Day 04/22 to 05/19: 5,093,585
AVG Successful Relays Per Week 04/22 to 05/19: 35,655,098
Over the last four weeks, applications using the Pocket Gateway have driven a total of 142.6M successful requests 📡
In this timeframe, that means nodes have minted a bit over ~1.42M POKT, with 89% going to the service nodes (~1.27M POKT), 10% going to the Pocket DAO ( ~142k POKT), and 1% going to the block producers (~14.2k POKT).
Total Staked Nodes
4,533 (+994)
Analysis by Marco 👋 | @TMod_Marco
This week we saw the number of successful relays decrease a bit versus last week. Though, the number of daily relays have been steady between 30-40M relays per week.
Much more interesting this week is the number of new active validator nodes that joined the Pocket Network. Close to 1,000 new nodes joined the network, an increase of 28% in a single week!
As we move forward, we also aim to provide you with as much information as possible. This includes adding new data points for you to reflect on and keep track of.
That said, as of this week, C0D3R provides an overview of how many nodes run on each version (RC-0.6.1, RC-0.6.3, etc.), how many validator nodes are jailed per category and an overview of node versions for staking power:
Updates
Tying a bow on wPOKT🎁
That’s right, a new wPOKT update has been released for you!
Throughout the past couple of weeks, we’ve kept you in the loop on wPOKT updates and shared various teasers. We’ve received incredibly valuable feedback from the community, which enabled us to further shape wPOKT.
At this time, the wPOKT farming app has been built by Raid Guild and is ready to go.
We’ll also be using the Alchemist copper front-end for the wPOKT LBP.
After listening to the requests of our community, the timing of the wPOKT farming launch has been reevaluated to coordinate it more closely with the timing of the wPOKT<>POKT bridge launch in Q3.
We encourage you to read through the full update for more information and teasers: https://medium.com/pocket-network/tying-a-bow-on-wpokt-28c13dbc8018
Governance
PEP-7 voting ended today, the proposal was unanimously accepted by the DAO. This means the SkillZ team will be funded by the DAO (15,000 POKT) to further develop and host/maintain the Sand Walker reward explorer for POKT based on live blockchain data.
What are you waiting for? Start exploring already! https://sandwalker.sbrk.org/.
PIP-5 (Add “Upgrade before Upgrade Height” Quest to POKT Arcade Node Path) is now up for voting and ends in four days!
PIP-5 will make it easier for involved node operators to gain voting rights, by adding a Level 2 quest to upgrade your node before the DAO’s chosen upgrade height and make the evolution threshold 5/8 (currently 5/7). Read all about it on our forum and be sure to cast your vote!
Both voting for proposals PEP-6 Node Pilot - A new deployment solution & The cancellation of PUP-4 end today.
Both proposals PEP-6 - Node Pilot & the cancellation of PEP-4 have been unanimously approved by the DAO.
News
Web3 Infrastructure the Right Way. Decentralized.
As much as we loved our brand, we felt a refresh would enable us to really show what the future of Web3 should look like. And what an overhaul it is!
Our rebrand includes:
A fully new designed website, displaying statistics, our USPs (unique selling proposition), a clear call-to-action for DApps & node operators, our great partners and most importantly, the new website really displays our values and mission to coordinate open access to the world’s public data by empowering anyone to provide unstoppable infrastructure.
New documentation, enabling you to really dive into the protocol to learn how the protocol works at a much deeper level.
And, a new press kit has been made available, to enable anyone that’s here to help us to share Pocket Network with the world, to further kickstart a decentralized future.
We’re looking forward to the road ahead of us and thank you for being a part of it!
POKT Community Dinner sponsored by Thunderhead OTC
We’d love to remind you of Thunderhead OTC sponsoring a dinner for Pocket community members near the Miami BTC conference in June. Attendees will get a POKT t-shirt!
There are 30 spots available. RSVP by messaging @thunderheadOTC on Telegram.
Price: 50 POKT.
Note: POKT must be deposited prior to May 23 to confirm final headcount with the restaurant, this means you have two more days to do so!
Are you ready to set the new standard of Web3 Infra? We are!
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 any of these community-established OTCs:
They are the best way to buy or sell POKT; and it helps nodes cover the cost of their infrastructure. Join either private telegram channels (requires telegram) and message the admin to get started. Note that there are fees associated with the OTCs 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 OTCs.
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