- Summary:
- Pocket Network has added support for Fantom. What are the implications for users? We tell you the changes it brings.
Pocket Network has announced today that it has added support for the Fantom Blockchain. Following the integration, node runners can now earn POKT by serving traffic from Fantom applications, tools, services. Due to its great scalability, Fantom has made a name for itself in the blockchain market as the preferred platform for DeFi, crypto dApps, and enterprise apps.
The integration allows developers to create Fantom RPC endpoints for their apps directly from the Pocket Portal. This will streamline the development process. Before the integration by Pocket Network, there were no full-node incentives on Fantom. Only Fantom validator nodes were eligible to earn $FTM rewards for ensuring consensus by validating blocks.
Also, thanks to Pocket’s middleware protocol, Fantom’s remote procedure call (RPC) layer has become even more decentralized. $POKT, the platform’s native blockchain protocol cryptocurrency, now provides a second layer of full-node incentives.
Additionally, the Pocket Network integration will improve Fantom network throughput. At the protocol level, the network will have load balancing built-in, which centralized RPC providers can’t reproduce. Centralized networks typically have a cap on the amount of requests an application can handle on a given day. Also, Fantom apps and RPC aggregators can leverage the large pool of highly available Fantom nodes.
“It’s a win-win for Fantom applications and nodes, demonstrating their dedication to building the infrastructure for a more democratic and efficient future, true to the maxim of decentralization,” said Alberto Jauregui, Ecosystems Developer at Pocket Network.
About Pocket Network
Pocket Network is a blockchain platform that provides secure and smooth interoperability across blockchains and across apps. Because of its cost-effective economic design, it’s ideal for large-scale data coordination and distribution. Pocket makes it easy to incorporate blockchain technology into a wide range of platforms, from websites to mobile apps to IoT devices. In this way, blockchain-enabled applications can be made available to everyone.