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Pocket Network Announces Service Integration To Improve Network Bandwidth Of NEAR Blockchain

Reports said that Pocket Network, a relay infrastructure middleware protocol, has announced a service integration to improve the network bandwidth of NEAR blockchain while enabling faster deployment times for Web3 developers.

It has been reported that the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Fuse, Avalanche, Harmony, and Polygon. In addition, by having integrations with multiple blockchains, NEAR developers can overcome concerns regarding single points of failure due to bottlenecks or other service disruptions.

However, Pocket Network aims to accomplish 100% up-time for projects via a globally distributed network of over 47,000 full nodes that service Web3 applications across 46 blockchains.

The report said that Pocket Network aims to bring about revenue generation opportunities for full-node operators by offering payments in its in-house token Pocket Network (POKT) for servicing traffic across the network.

Michael O’Rourke, the Co-founder and CEO of Pocket Network, said:

“It’s a win-win-win scenario for NEAR apps, NEAR nodes and the Pocket Network protocol.”

Likewise, with Pocket Network’s integration autonomously allocating bandwidth and relays, the NEAR ecosystem is expected to witness reduced friction when connecting decentralized applications (DApps) via Pocket Portal, a layer-2 product on top of the Pocket Network protocol.

Cameron Dennis, the Head of Ecosystems at NEAR Foundation, stated:

“I’m thrilled NEAR developers will now have the opportunity to choose between Pocket Network’s decentralized network of RPC endpoints and other centralized solutions.”

Ryan Wyatt, the CEO of Polygon Studios, said:

“The Polygon community is ready to welcome the developers and communities of these Terra projects.”

Thus, layer-1 blockchain project Fantom, too, extended its support to the Terra community by promising to assist any project or developer who desires to move away from Terra blockchain.

Source: Cointelegraph



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