Thread by @AnalyticsPhobos

1/ What is Pocket? Pocket Network is a decentralized API designed to help Web3 applications communicate with blockchain networks through an exhaustive network of nodes.

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2/ Major entities may nonetheless wield influence despite the fact that blockchain ecosystems are ostensibly decentralised. According to reports, the Pocket Network has over 20,000 nodes, allowing DApps to be truly decentralised.

3/ Transaction validation queries can be sent to separate nodes using the protocol. It is intended to decrease transaction costs while also reducing the possibility of downtime. Pocket Network claims to enable blockchain gaming as well.

4/ Devs are frequently forced to pick between cost-effectiveness, decentralisation, privacy, and user experience. POKT eliminates the need to overpay for access to blockchain data through platforms like Infura and AWS by offering an easy-to-integrate network of relay nodes.

5/ Pocket Network looks to be nothing more than a basic relay between programmes and the network layers they interface with. Nodes act as a link between the two, processing API requests between apps and public databases and securely delivering any results to the app.

6/ Currently supporting over 40 blockchains, with the goal of supporting 100 by the end of the year. Through proposals and voting, the Pocket DAO is responsible for selecting protocol improvements, economic policy, and ecosystem growth options.