Today, with the rapid development of blockchain technology, the POKT protocol team, together with Grove and PNF, are excited to announce the upcoming launch of official Shannon information. Shannon represents the next generation of the POKT protocol, aiming to bring its usefulness to new heights through modular design. In the coming weeks, the PNF and protocol teams will release developer tools, research results, rewards programs, and community initiatives related to the Shannon testnet phase.
Shannon's achieve ments
Shannon is not just an upgrade, but a catalyst for key changes in the POKT network. This upgrade pushes our gateway strategy further towards decentralized demand-side access and makes gateway creation completely permissionless, facilitating rapid transaction volume growth and becoming an open and universal RPC infrastructure layer.
Expansion of data sources: During the Morse stage, we have begun the expansion of data sources, while Shannon has introduced new token economics to enable the monetization of the data sources themselves. This not only accelerates our entry into new use cases, but also provides a sustainable incentive model for open data sources of all types.
Scalability and interoperability
Shannon removes the last constraints on protocol scalability and brings interoperability with the main Web3 ecosystem, allowing us to fully integrate into this ever-expanding digital world. In short, Shannon elevated the POKT network from a leading decentralized infrastructure network (DePIN) to the first true open data source sharing economy.
First steps towards mainnet: Today marks our first step towards mainnet release, starting with the Alpha testnet. The public testnet will follow a phase structure, with each phase focusing on a specific area and setting unique milestones. The main goal of each phase is to break, learn, iterate, and rebuild a stronger system with community involvement.
The new rewards program and rewards system will be announced soon, and we encourage everyone to get involved in identifying areas for improvement. POKT has a proud history of community contributors who have made significant contributions to improving the protocol, and we will take full advantage of this during the testnet phase.
Public testnet launched
In the coming weeks, a re-origin will take place to launch the official public testnet. However, early adopters who aren't afraid of bugs can get up and running today with this Docker-Compose guide! Rewards and incentives for improving public testnet tools will be announced soon.
Alpha Testnet Priorities: In Alpha Testnet 1, we will focus on the following priorities:
Constraints on permissionless requirements: One of the core reasons we moved from Morse to Shannon was to address the scalability issues associated with permissionless requirements. The team is developing tools so we can perform load testing and start looking for potential bottlenecks. We’re excited to share the industry’s best end-to-end load testing framework.
Governance parameters: In order to migrate existing functionality and add new functionality, we need to support governance parameters that are compliant with the new Cosmos SDK. We are working hard to ensure this process goes smoothly.
Conclusion
With the launch of Shannon, the POKT network has not only taken an important step in technology, but also created a new era of open data source sharing economy in concept. In this process, community participation will be indispensable. Only through the joint efforts of everyone can true decentralization and sustainable development be achieved. In the days to come, we look forward to witnessing the growth and changes of POKT with everyone, and working together to create a better blockchain world.