Web3’s Pocket Network Continues to Grow at Unprecedented Pace By DailyCoin

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Web3’s Pocket Network Continues to Grow at Unprecedented Pace

Pocket Network, an infrastructure middleware protocol which facilitates decentralized multichain blockchain access to developer applications in Web3, including , Polygon, , , Fuse, OEC and Harmony, reported a surge in industry demand with a record of 3 billion relays serviced over the last 7 days. This achievement has seen numbers grow from 5M daily relays less than a year ago to 600M+ daily relays, a dramatic increase of 120x.

This latest surge was shown throughout the week when several single-day relay all-time high records were achieved, oftentimes consecutively. Relays are being serviced by hundreds – if not thousands – of independent node runners across 6 continents. 38K+ nodes are serving apps at once, rotated out every hour, and coordinated by a protocol that takes zero rent. This demand is agnostic to market conditions, and will continue to be a mainstay in a bear or bull market.

“Pocket’s relay growth is evidence of a massive acceleration of growth in the web3 ecosystem as a whole,” said Michael O’Rourke, CEO and Founder at Pocket Network. “In parallel to the growth in relays has been our community. It is truly remarkable to see how many people see the importance of decentralized infrastructure that Pocket is building.”

Pocket Network is currently ahead of its goal of breaking the 1 billion relays per day milestone by the end of 2022 as new blockchains and app integrations continue to switch to Pocket Network as the decentralized global infrastructure provider of choice. Being resilient, faster, cheaper, and better has been the winning formula to Pocket’s scale and dominance.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Web3’s Pocket Network Continues to Grow at Unprecedented Pace

Pocket Network, an infrastructure middleware protocol which facilitates decentralized multichain blockchain access to developer applications in Web3, including , Polygon, , , Fuse, OEC and Harmony, reported a surge in industry demand with a record of 3 billion relays serviced over the last 7 days. This achievement has seen numbers grow from 5M daily relays less than a year ago to 600M+ daily relays, a dramatic increase of 120x.

This latest surge was shown throughout the week when several single-day relay all-time high records were achieved, oftentimes consecutively. Relays are being serviced by hundreds – if not thousands – of independent node runners across 6 continents. 38K+ nodes are serving apps at once, rotated out every hour, and coordinated by a protocol that takes zero rent. This demand is agnostic to market conditions, and will continue to be a mainstay in a bear or bull market.

“Pocket’s relay growth is evidence of a massive acceleration of growth in the web3 ecosystem as a whole,” said Michael O’Rourke, CEO and Founder at Pocket Network. “In parallel to the growth in relays has been our community. It is truly remarkable to see how many people see the importance of decentralized infrastructure that Pocket is building.”

Pocket Network is currently ahead of its goal of breaking the 1 billion relays per day milestone by the end of 2022 as new blockchains and app integrations continue to switch to Pocket Network as the decentralized global infrastructure provider of choice. Being resilient, faster, cheaper, and better has been the winning formula to Pocket’s scale and dominance.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7]
You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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