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Pocket Network leverages useful proofs of work to create new
$POKT. These proofs are critical to Pocket’s economic model as block rewards are dynamic, created by the validation of these proofs. The following is the step by step process on how work is validated by the protocol.Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Michael O'Rourke Retweeted
Weekly Relay Recap #49
Served 1.39B relays
Settled at 15.2k nodes
$wPOKT devlog 4
PEP-17 & PIP-8 up for vote
3 new governance proposals
POKTportal updates
POKTpool growth + $POKT memes
Community Call w/ @TallyCash &@nodepilot https://bit.ly/RelayRecap49 pic.twitter.com/fIqb3Ds3ia
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community call starting ya'll :)https://twitter.com/thepoktopus/status/1471887422753546244 …
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Michael O'Rourke Retweeted
Join us at 8PM EST for a chat on how decentralization creates efficiency & scalability live from Profit to The People
@joinrepublic RSVP @ https://republic.co/events w/@o_rourke CEO@POKTnetwork@OmerOzdenLEX CEO of@RockTreeCapital and@laoganbaba MD@RepublicCrypto#web3#cryptopic.twitter.com/HQcZC8N3ON
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Feels like 20 years ago in crypto timehttps://twitter.com/catetv/status/1470838525566279680 …
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Michael O'Rourke Retweeted
Pocket Network itself is focused around decentralized infrastructure, but I wouldn't be surprised, once more people *get it*, to see more projects popping up applying the same economic ideas to different protocols and seeing the same success that Pocket has been showing.
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Michael O'Rourke Retweeted
I think the most brilliant part of Pocket Network itself is the economics and what it is: A thin utility layer to incentivize data availability and consistency. There isn't a day where I see a problem other blockchain/public dbs are having and I don't say "Pocket fixes this".
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Michael O'Rourke Retweeted
banner ads in early internet : native content in a feed :: paying direct fees for a service in web3 : staking, minting and burning to transfer value
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massive upgrades on deck: Validator/servicer hard fork goes live wednesday. allows pocket to scale past 18k nodes https://forum.pokt.network/t/pip-7-consensus-rule-change-validator-servicer-split-validator-consolidation/1272 … 0.8 proposal live which allows for non custodial staking. will enable many more node providers to come onlinehttps://forum.pokt.network/t/pip-9-consensus-rule-change-rc-0-8-0/1351 …
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Michael O'Rourke Retweeted
Join us this Thursday, December 16th 8PM EST for a chat with:
@o_rourke, CEO at@POKTnetwork@OmerOzdenLEX, CEO of@RockTreeCapital@laoganbaba, Managing Director at@RepublicCrypto@lisacarmenwang, Host of Profit to the People RSVP below. https://republic.co/events/profit-to-the-people-live-the-global-expansion-of-web3 …pic.twitter.com/fzLIYheNUG
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Michael O'Rourke Retweeted
ONE/
thanks to @MessariCrypto team and@twobitidiot for their annual report.
web3 is inevitable
total transformation of global economy > mobile and internet itself
it's a thread time!
https://twitter.com/stse/status/1467960973394788354 …pic.twitter.com/s9gBuM4zUg
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Michael O'Rourke Retweeted
friends at
@POKTnetwork providing major rpc & logistical support for this round, and we are grateful!
https://twitter.com/POKTnetwork/status/1469386070693396493 …
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Plenty of space here y’all come on over :)https://twitter.com/lsprager/status/1468993394001297410 …
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Michael O'Rourke Retweeted
Building bridges with
@tweet4jack and the@harmonyprotocol team. wagmipic.twitter.com/IyeIK7WMVt
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July 200m Aug 500m Sept 900m Oct 1.8b Nov 3.7b fuck man. we're just getting started. pocket will become tcp/ip for node infrastructure
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Jinx has an epic manehttps://twitter.com/thepoktopus/status/1466468635195625472 …
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Generations by Strauss and Howe massively impacted my thinking about the timing and scale of what we’re building in web3. The transition is real. Great piece and thread.https://twitter.com/mattigags/status/1465584731442057217 …
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Michael O'Rourke Retweeted
Reason # 11292021 why I am bullish about Crypto infrastructure...https://twitter.com/olshansky/status/1465353349276962816 …
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Michael O'Rourke Retweeted
Glad to have you with us!
https://twitter.com/olshansky/status/1465353349276962816 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Michael O'Rourke Retweeted
Companies pay $Millions per month to centralized services for blockchain data. Pocket replaces that with a decentralized protocol. Real world revenue in web3.
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