PoktNews

@poktnews

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BREAKING: PORTERS' FIRST RELAYS! The first set of traffic from the Porters Gateway has been recorded on the network. With @taikoxyz's recent launch and Porters positioned as one of their main RPC providers, the volume of traffic is expected to increase.

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Shannon Data Source Rewards – Allocating a % of rewards to builders and maintainers of data clients. Imagine the demand when researchers and Foundations are incentivized to integrate with and send traffic to POKT under this new tokenomics structure! UP!

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Catch the full recap here: https://x.com/POKTnetwork/status/1776680923423240468

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- POKT AI Lab released its first report featuring a Local-Net proof of concept. - Adz discussed POKT on The Deep Dive. - B3n from POKT and Near Digital Collective covered decentralized governance. - Blockworksres explored the impact of token incentives in Decentralized Physical Infrastructure Networks.

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- Grove Gateway updated on supporting Rollchains data retrieval and advancing RAG developers' resources. - Nodies updated the Gateway Server, adding QoSNode features. - Liquify joined Infura's Decentralized Infrastructure Network (DIN).

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- PEP-71 was introduced to enhance the POKT x Encode Club partnership. - PEP-70 voting commenced to aid former Nodes For All stakers. - PEP-69 received DAO approval, renewing our insightful reporting partnership with Messari.

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Back again with the updates you didn't realize you needed! Here's all that happened in the past week at /POKT Network: - POKT Network rolled out decentralized RPC support for the Celestia ecosystem. - The wPOKT v2 update confirmed its deployment on Arbitrum by April's end.

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"As we move deeper into a digital machine-2-machine (m2m) world of onchain agents - who need to communicate, interact, be paid, and make payments - POKT Network provides a Universal RPC Base Layer to connect it all." 10/10 DePIN report by @blockworksres https://x.com/blockworksres/status/1775909713471029362?s=20

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POKT Network now offers RPC Endpoints for @celestia via the OG Gateway, Grove. Exciting times.

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- Protocol lead @olshansky discussed the nexus of AI and blockchain. - @adz joined DePIN Hub to highlight the power of DePIN. And that was that. See the full recap, complete with links, here 👇 https://x.com/POKTnetwork/status/1774141195968762340?s=20

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-PNF proposed the formation of an expert working group to craft POKT xAI litepaper. -2 new Quick Grants were opened. One for the official website maintainer, and the other to improve the POKT docs. - A community bounty to refresh POKT slide decks was opened.

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- Cryptocorn elected by the DAO as PNF's board observer. - Proposal to improve POKT liquidity on exchanges was approved. - Proposal for POKT DAO to co-sponsor Blockworks' DePIN report was approved. - Proposal to continue Messari's POKT reporting went to vote. - Grove deprecated support for Eth Goerli & Polygon Mumbai.

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Time to catch up with the events over at POKT Network from the past week. There was a lot going on, so here goes: - $POKT was listed on Upbit - 2 protocol parameter were upgraded. Increased the block size & increased the minimum number of proofs. - CREDS(Governance Upgrade) proposal published.

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Morse: - SPACE proposal approved by the DAO. This allows us to increase the block size and also increase the amount of relays required to submit a claim to reduce bloat. More on SPACE here: https://forum.pokt.network/t/pup-33-scale-parameters-and-capacity-for-evolution-space/5104?u=poktnews

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Now, some protocol updates shared during the call. Shannon Development: - Shannon's private testnet has launched. Focus is on establishing the basics of Shannon. Tests are already ongoing, with some suppliers submitting claims. - Public testnet scheduled for April.

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This would incentivize Chain foundations to integrate with POKT and ensures they benefit from their own developments and maintenance efforts. It would also incentivize new Data Sources on POKT. Exciting times!!!

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A more inclusive reward model is also being explored The model would introduce a revenue stream for data sources (the clients or the underlying chains that nodes connect to) For example, Polygon Foundation would receive a portion of the rewards generated from Polygon's traffic.

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This would open up many use cases for POKT and make node running more inclusive.

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In Shannon, by adjusting or removing the MaxChains parameter and Geo-Mesh, Suppliers could run 1 chain in 1 region and 2 nodes to break even.

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This prevents chain-specific specialists from joining POKT and puts a strain on indie node runners.

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