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Revealing the secrets of POKT token: a pioneer in building future decentralized infrastructure

2024-09-29 11:39:50

In today's era of rapid digitalization, the rise of blockchain technology has brought disruptive effects to all walks of life. In this wave, POKT (Pocket Network), as a pioneer in decentralized infrastructure, is working hard to provide developers with efficient and reliable solutions. This article will delve into POKT’s mission, protocol functions, and its future development direction.


What is POKT?

POKT is a decentralized network protocol designed to provide developers with open and reliable data access. Its core mission is to build an unstoppable open source infrastructure so that users around the world can jointly own and manage the most important digital infrastructure. Through POKT, developers can access required data resources at lower costs and with higher efficiency.

POKT’s mission 🌎Pocket Network’s mission is not only to provide technical support, but also to reshape the future of digital infrastructure through a decentralized approach. POKT's goal is to allow every developer to easily obtain efficient data access services, thereby promoting the prosperity of the entire blockchain ecosystem. We believe that the digital infrastructure of the future will be managed jointly by users rather than monopolized by a few large companies.


What can the POKT protocol achieve?

The POKT protocol is one of the pioneers in the field of decentralized physical infrastructure (DePIN). It provides users with open data access services by stimulating and coordinating a decentralized network of node operators. Compared with centralized service providers, POKT's performance is significantly superior and more cost-effective.

Currently, POKT nodes serve blockchain RPCs (Remote Procedure Calls), allowing applications to reliably interact with more than 30 blockchains and layer 2 networks. This means that developers only need one POKT integration to have low-cost and flexible access to all supported networks, greatly simplifying the development process.


The future of POKT

Looking to the future, POKT will usher in a series of exciting developments. Especially the upcoming Shannon upgrade, which is expected to be officially launched in the second quarter of 2025. This upgrade will make POKT a completely permissionless stack, bringing the following innovative highlights:

✔️ Relay Minting: The relay minting feature will enable POKT to prove the workload of trillions of API requests. This mechanism not only improves the transparency of the network, but also provides higher incentives for node operators.

✔️ Token logic module: The introduction of the token logic module will realize modular token economics, allowing POKT to flexibly expand to any market. This innovation will make POKT more adaptable and able to cater to the needs of different users.


✔️ Native multi-chain support

The launch of native multi-chain functionality will allow the use of $POKT services on any chain. This means that whether it is Ethereum, Polkadot or other blockchains, developers can enjoy the efficient services provided by POKT.

Expanded data support: With the launch of Shannon, POKT will be able to extend its infrastructure beyond blockchain RPC to support thousands of open data sources. This will include indexing services, AI inference, oracles, inter-chain relays and other types of decentralized public infrastructure. This expansion will not only enhance POKT’s service capabilities, but also provide developers with more choices.

POKT's core advantages: POKT's success lies not only in its technological advancement, but also in its unique decentralization concept. Compared with traditional centralized services, POKT has the following core advantages:

Decentralization: Through the decentralized node network, POKT ensures the security and reliability of data access and avoids the risk of single point of failure.

Cost-effectiveness: The services provided by POKT have significant cost advantages, helping developers reduce operating costs and improve project sustainability.

Flexibility: POKT’s modular design enables it to quickly adapt to market changes and meet the needs of different developers.

Community-driven: POKT's development relies on the participation and contribution of the community, ensuring its continuous innovation in technology and services.


Conclusion

As the digital age continues to deepen, POKT is injecting new vitality into the construction of decentralized infrastructure. Its mission is not only to provide developers with efficient data access, but also to promote the prosperity of the entire blockchain ecosystem. Looking to the future, with the arrival of the Shannon upgrade, POKT will further expand its service scope and technical capabilities and become an important part of the global digital infrastructure.

In this era full of opportunities and challenges, the development of POKT deserves our continued attention. Both developers and general users can find their own place in this decentralized network. Let us look forward to more surprises and innovations brought by POKT!

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT