Pocket Network - Crypto's Index Fund for Blockchain Infrastructure

The Pocket Network provides RPC access to Ethereum, Polygon, and many more blockchain and crypto networks. They are the "Index Fund for Blockchain Infrastructure" that is helping scale Web3 with a steady supply of nodes.

What Makes Pocket Network Unique

With Pocket Network, usage requests can be routed to 1000's of independent full nodes, meaning applications do not have to worry about random outages or data leaks. Projects and blockchains no longer have to settle for a single service provider or point of failure when Pocket Network's trustless API is highly distributed.

Pocket Network's mission is to provide open access to the world's public data by empowering anyone to provide unstoppable infrastructure. Pocket Network provides a censorship-resistant node network that addresses Web3's access handling side, with zero downtime and no sunk cost to applications.

The Pocket Network plans to target and improve a specific part of a blockchain transaction - in an Ethereum transaction, for example, smart contracts are typically filled with logical, EVM-compatibility directives.

When interacting with Ethereum smart contracts, users first need to submit their request to an Ethereum full node powered by the EVM and this full node can be an external or local node.

Image Credit: Pocket Network

Running a local full node allows the user to not only read chain data, but to validate transactions to be broadcasted to the network - without the need for an external connector.

Running a full node can be costly and an inefficient activity however when not done at scale. And one that is limited by performance issues, such as high latency and downtime. Businesses need to be profitable and they have overhead costs that protocols do not have.

It can be expensive, time-consuming, and may not always produce results when relying on a single business. However, by using Pocket Network - a decentralized protocol instead of a single centralized business - Web3 projects can cut down on unnecessary costs and maximize uptime.

Whenever nodes compete to provide applications with the best data processing, applications benefit by tapping into the power of thousands of nodes run by decentralized infrastructure.

The Index Fund For Blockchain Infrastructure

Now that it is understood Pocket Network is a blockchain data platform built for applications that use cost-efficient economics to coordinate and distribute data at scale, and what makes them unique, we see them becoming the leader of node services from not only how their network is designed - but their plan to support hundreds (and eventually thousands) of blockchains.

Pocket Network could be called the "Index Fund for Blockchain Infrastructure", at least from the technical side of things. To help simplify the concept of just what Pocket Network is for investors, think of index funds.

Index funds are a portfolio of stocks or bonds designed to mimic the composition and performance of a financial market index. Now, remove the financial idea and replace it with the technical node infrastructure of Pocket Network and that leaves you with "Pocket Network is a decentralized network of nodes designed to support composition and performance of multiple blockchains".

And unlike centralized counterparts run by companies, Pocket Network is marching towards full decentralization with Web3 infrastructure done the right way in supporting multiple crypto applications and blockchains.

The End Game: To Infinity and Beyond

Pocket Network has plans to integrate with numerous blockchain networks, providing them with essential data and information. Multiple projects and protocols have already begun to request API handling services from Pocket's distributed node system.

As demand for blockchain-based applications continues to grow, the market's supply side is focusing on two types of nodes to ensure that the demand for information is met: service nodes and validator nodes. The growth of Pocket Network's node population has now reached a point where it can provide premium service levels to multiple projects simultaneously.

Pocket is releasing a major upgrade, V1, which greatly improves the scalability and enterprise-grade service quality of the Pocket network.

When we say the "Index Fund of Blockchain Infrastructure" it might make more sense to really get a feel for where Pocket Network is now in support of how many top-tier blockchains are already supported: Algorand, Avalanche, Binance Smart Chain, Binance Smart Chain Archival, Boba, DFKchain Subnet, Dogechain, Ethereum, Ethereum Archival, Ethereum Archival Trace, Ethereum Goerli, Ethereum Kovan, Ethereum Rinkeby, Ethereum Ropsten, Evmos, Fantom, FUSE, FUSE Archival, Gnosis Chain, Gnosis Chain Archival, Harmony Shard, IoTeX, Klaytn Mainnet, Meter, Metis, Moonbeam, Moonriver, NEAR, OKExChain, Optimism, Osmosis Mainnet, Polygon, Polygon Archival, Polygon Mumbai, Solana, Swimmer Network Mainnet, and new blockchains being added monthly.

It's not hard to see that Pocket Network has the momentum going and will help lead Web3 into a truly decentralized and scalable future with room for all.