STAKE $XRD

The Pocket Network

Its components, benefits & how to participate

 

What is the Pocket Network?

The Pocket Network is a decentralized infrastructure platform that provides trustless access to the full API for any blockchain client, through a global, distributed network of node operators. There are three layers to the POKT Network:

  • Applications - submit relays, or API requests meant to be routed to public blockchains.

  • Nodes - service these relays, by submitting them to the public blockchains they are meant for, and sending the response (if any) back to the Applications.

  • Network Layer - comprised of all the rules & protocols that serve as the backbone of the interactions between Applications and Nodes.

POKT is the native token on the Pocket Network. POKT is used by applications to pay for relays and API requests. And nodes are rewarded in POKT for performing these requests proportional to the work they perform.

network

In order for nodes to be eligible to service these relays, a minimum of 15,000 POKT per node must be staked. The network of nodes is completely decentralized, with no single points of failure, or limitations around node incentives.


As such, Pocket has the potential to become the default node infrastructure platform for multi-chain applications across the entire Web3 ecosystem.


Learn more about POKT Staking

Staking Fundamentals



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