This Week In POKT (As seen on Twitter 😏)

This week in POKT (DEC 16th)

PROTOCOL

  • We received some exciting updates from our Head of Protocol, @Olshansky, on Shannon’s development and it’s journey to Testnet.

  • The protocol earned 23K POKT in protocol revenue from our 2 Gateways for the 3.3B relays processed last week.
    image

GATEWAYS

GOVERNANCE

  • The Builder Specification for the proposed 3D Governance Model was published. It outlines eight builder credentials that correspond to different types of contributions a Builder can make. Builder Spec

  • Voting began on two important proposals: PEP-65, which aims to continue funding POKTscan, and PEP-66, which seeks to recognize our Community Mods as Core contributors. Snapshot

COMMUNITY

  • The community successfully pushed and voted for POKTnetwork’s metrics to be displayed on DePINscan.io, along with other exciting DePIN projects where it rightfully belongs.

  • The Socket Program welcomed a new member who will contribute their expertise to help Pocket establish the healthiest culture and governance among all DAOs. Their role will involve tracking important community and governance metrics. New Socketeer

  • Bounty Hunter turned full-time POKTnetwork Protocol Dev, @h5law, shared a review of their first year in POKT. It has been quite a remarkable year. Definitely worth a read! A Year In POKT | h5law

  • A brand new Pocket Open Priority (POP) launched, inviting community builders to create open-source reference implementations of a full-stack user-facing gateway. OPEN PRIORITY: Gateway Demo

MUST READ

  • This week’s must-read is an insightful piece titled “Three Truths” by @o_rourke. In this article, he outlines the three fundamental beliefs that shape his vision for Grove and POKTnetwork. Three Truths - Michael O'Rourke

MUST LISTEN

  • This week’s must-listen is part 2 of “Don’t Quit Your Daydream” Space by Grove. In this episode, they have a conversation with POKTscan and GensynAI on Decentralized AI. DQYD PART II

MUST WATCH

EVENT OF THE WEEK

  • The event that took this week’s trophy was…Nodies DLB crossing 1B relays!! A massive achievement for Nodies, POKT and the Gatewayverse.

And that wraps up another Week In POKT!

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This Week in POKT (DEC 23th)

PROTOCOL

  • The network generated 30.6K POKT in revenue, from servicing 3.5 billion relays.

  • The wPOKT v2 update was published, including the next steps for the LP incentive program and a possible launch of wPOKT on another chain. Read the full update. wPOKT v2 update

GOVERNANCE

  • The Staker Specification of the 3D Governance Model was released, introducing a ‘Staker House’ with paths for Supply-side (node runners), Demand-side (Gateway operators), and Liquidity providers (wPOKT/ETH). PGOV6 - Staker Specification

  • PEP-67 stirred up discussions about the fate of investor funds after Nodes4All’s closure. PEP-67

  • PEP-66 approval brought recognition and DAO funding to community mods as core contributors. PEP-66 Results

  • The approval of PEP-65 ensured ongoing support and funding for POKTscan until the Shannon Upgrade. PEP-65 Results

GATEWAY

  • Grove provided a recap of 2023’s achievements and developments. Year in Review

COMMUNITY

EVENT OF THE WEEK

The wPOKT v2 Update was voted to be this week’s standout moment. Arbitrum here we come! POLL

That’s a wrap for a dynamic week at POKT Network! Happy Holidays gang.

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This Week in POKT (DEC 30th)

PROTOCOL

  • Three new chains were whitelisted onto the protocol and added to the ever-growing list of POKT Supported Chains:
    • Avax-Archival
    • Optimism-Archival
    • Radix-Mainnet
    Governance Transaction Notice – Dec 27th

  • The protocol achieved 30.4K POKT in revenue from servicing 3.89B relays last week.

GOVERNANCE

  • The Modular Governance upgrade’s Voting Specification was published, harmonizing the Citizens, Builders, and Stakers in a unified voting framework. PGOV7 - Voting Specification

COMMUNITY

MUST READ

EVENT OF THE WEEK

The community voted stand out moment of the week was the addition of 3 new chains. POLL

That concludes our week at POKT Network. Onward and upward!

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This Week in POKT (JAN 6TH)

PROTOCOL

  • This week, the protocol generated 22K POKT in revenue thanks to fees collected from our 2 Gateways for the 3.8 billion relays serviced.

GATEWAYS

  • Grove impressed with their first View From The Grove of '24, showcasing a remarkable 99.99% uptime.
    image

  • Nodies DLB continued their benchmark dominance, topping the charts yet again, highlighting the benefits of connecting to POKTnetwork.

GOVERNANCE

  • As part of our modular governance upgrade, we delved into the potential of reputation-based governance in our recent thread and blog post. READ HERE

COMMUNITY

  • The Pocket Open Priority initiative received four exceptional submissions from Liquify, Raid Guild, Decentralized Authority, and SpaceBelt LLC. These submissions are focused on building open-source gateway references. View them here :point_down:
    OPEN PRIORITY: Gateway Demo

  • The Community Analytics Socket revealed a solid 14% new member activation in December. Dive deeper into the numbers :point_down:
    OPEN: Socket for Community Analytics - #3 by thedanrodman

:books: MUST READ

EVENT OF THE WEEK

  • Nodies DLB were back taking center stage as their chart-topping activity was voted as the first standout moment of 2024. See Poll

That neatly wraps up the first week of 2024 at POKT Network.

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This Week In POKT (JAN 13th)

PROTOCOL

GATEWAYS

COMMUNITY

  • The RaidGuild and Liquify teams were selected for the Pocket Open Priority’s Gateway demo project. Read more on the reasoning behind the decision:
    OPEN PRIORITY: Gateway Demo - #7 by JackALaing

  • Two new Sockets were opened to expand our reach and boost awareness in the Korean and Chinese communities. This relaunches both our Korean and Chinese hubs. Sockets - Pocket Network Forum

MUST READ

MUST LISTEN

EVENT OF THE WEEK

  • This week’s standout event was never in doubt and the poll demonstrated it, with the Grove x Radix collaboration storming to the top spot!!

There you have it, another Week in POKT neatly wrapped up!

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This Week in POKT (JAN 20th)

PROTOCOL

Our journey to establish Pocket as a blue-chip entity with institutional financial rails continued with two significant exchange listings.

  • First, we were listed on Bitget, reinforcing our commitment to the Asian market.

  • Next, we celebrated our listing on Crypto.com.
    image

  • During this week’s Ecosystem Office Hours, our Head of Protocol, @olshansky, updated us on the State of the Protocol, including the eagerly awaited Shannon timeline. Exciting timeline below :point_down:

GOVERNANCE

Two new proposals were presented in the Forum for the DAO’s consideration.

GATEWAYS

  • Nodies DLB, under-DePIN-ned by POKT, partnered with @NoScription to scale their traffic.

  • Grove’s @ArtSabintsev joined the Radix team to discuss their recent partnership. It was an insightful discussion. Listen in: Radix x Grove

COMMUNITY

MUST READ

  • Don’t miss our compelling piece explaining why we’re bullish about 2024!
    The Year Shannon

MUST LISTEN

EVENT OF THE WEEK

  • The 2 new exchange listings were, unsurprisingly, voted as the standout moments of the week! POKT keeps moving from strength to strength.

Another wild week in POKT, as always, with non-stop activities. See you same time next week? :raising_hand_woman:

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the year of shannon link isn’t working - please share so i can catch up :wink:

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Thanks for the prompt. Fixed just for :index_pointing_at_the_viewer:

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This Week in POKT (JAN 27th)

PROTOCOL

  • Morse’s Testnet has been upgraded to BETA-0.11.1. Nodes have now begun adopting the RC-0.11.1 release, initiating preparations for the Mainnet upgrade.
    Track progress on POKTscan: Road to RC-0.11

  • DePINscan v1.0 was launched, featuring POKT network. Acknowledged by Iotex, Pocket emerged as a trending project on DePINscan. Check it out: The DePIN King

GOVERNANCE

  • The Pocket Network Foundation detailed the process for appointing a DAO Observer to its board. Read about it here: Board Observer :male_detective:

  • The DAO started voting on the proposal to appoint @b3nnn21 as a Pocket Network Foundation Director. Track results here: PIP-36: Appointing Ben as a director

GATEWAYS

  • Nodies DLB, Pocket’s 2nd Gateway, displayed impressive benchmark results, ranking as one of the top public endpoints for #Optimism Mainnet in the MEA region according to Compare Nodes.

  • Continuing their impressive performance, Nodies achieved a new milestone by recording their first day with 100 million daily relays.

COMMUNITY

EVENT OF THE WEEK

  • The event of the week was a close call, and for the first time, we had a tie. The community was torn between the Testnet upgrade and the Ecosystem Dashboard for this week’s winner, with both receiving 34.6% of the votes each. So both will get the coveted trophy! And don’t mind the rumors of bribery—they’re completely unfounded.:sweat_smile:

That’s another eventful week in the Year of Shannon neatly wrapped up!

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This Week In POKT (FEB 3RD)

PROTOCOL

GOVERNANCE

GATEWAYS

  • Grove rolled out an update introducing a feature for quick tests and debugging.

  • A major milestone was reached by Nodies, servicing over 5 billion relays since inception.

COMMUNITY

MUST LISTEN

  • This week’s “Must Listen” involved our Head of Protocol, @olshansky, and members of the DePIN alliance discussing the future of transparent, trusted data with Iotex. Listen In

EVENT OF THE WEEK

  • The announcement of added support for Celestia Archival stole the spotlight this week. Poll

That’s a wrap for yet another eventful Week In POKT.

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This Week In POKT (FEB 10TH)

PROTOCOL

  • The game-changing Gateway Server was launched: slashing the requirements for running an RPC node from massive hardware demands to minimal. This makes it possible to connect to POKT’s 50+ supported chains with significantly reduced resources.

GATEWAYS

  • Metis nod to Nodies DLB as an RPC provider underscored the trust and reliability of Gateways under-DePIN-ned by POKT.

  • Nodies DLB’s Grant win from the Nym Innovation Fund put a spotlight on their commitment to privacy.

  • The Liquify team’s UI teaser stirred excitement for their upcoming venture into the Gatewayverse.

GOVERNANCE

  • A forum post was shared, laying out the need for the proposed Creds and Governance system to address representation gaps, inertia, imbalances, and manual processes in our current model.

COMMUNITY

  • The ETH Denver Bounty winners were announced and celebrated.

  • A Guide was published for new contributors to navigate the POKT community, showcasing the value-driven journey from initial engagement to becoming a core contributor.

MUST WATCH

EVENT OF THE WEEK

That’s a wrap for another packed Week In POKT.

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This Week In POKT (FEB 17TH)

PROTOCOL

  • A Partnership between Thesis Defense and POKT Network was announced, solidifying our commitment to security. They will be conducting several security audits (SMTs, wPOKT bridge etc) in preparation for the Shannon Upgrade.
    image

GATEWAYS

COMMUNITY

MUST WATCH

  • This week’s Must Watch is a deep dive into the proposed Governance upgrade and the CREDs system discussed in the community call this week.
    Watch it here: Community Call
    Or check out the ELI5 summary

EVENT OF THE WEEK

  • The announcement of Liquify as the 3rd Gateway was crowned the week’s top event.

That’s all from This Week In POKT.

This Week In POKT (FEB 24th)

PROTOCOL

GATEWAYS

  • Following the RC-0.11.1 upgrade, POKT’s OG Gateway Grove announced an exciting private LLM pilot.

  • POKT Network’s next gateway, Liquify, achieved a new all-time high in RPC usage, soon to be under-DePIN-ned by POKT.

GOVERNANCE

  • @katerina proposed enhancing the POKT Network x Encode Club partnership by launching a POKT Educate Series and establishing POKT as a preferred RPC provider.

COMMUNITY

MUST READ

DON’T MISS

As we gear up for #ETHDenver2024, here are the events you can’t afford to miss if you’re attending:

EVENT OF THE WEEK

  • The week’s standout moment of the week goes to… Morse’s upgrade to RC.0.11.1!

That’s a wrap for another jam-packed Week in POKT!

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This Week In POKT (March 2nd)

PROTOCOL

  • We continued our progress to #UltraSoundInfra with a burn of 10.5K POKT from Gateway fees.

GATEWAYS

  • Rabee’s showcase of Grove’s “Sandbox” provided a peek at the new feature.

GOVERNANCE

  • PNF’s call for a Board Observer attracted six strong candidates. Meet them all here

COMMUNITY

  • A forum post emerged on deploying AI models on POKT, sparking a forward-looking discussion among community members.

MUST WATCH

EVENT OF THE WEEK

  • The event that took the week’s EOTW crown was the discussion on deploying AI models on POKT Network.

And that’s a wrap of another Week In POKT.

For those that couldn’t make it to Denver, here’s a short vid from the Lego event: https://x.com/POKTnetwork/status/1764395798115004563?s=20

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This Week In POKT (March 9th)

PROTOCOL

  • A total of 11.2K POKT was burned this week and added to the ever-growing protocol revenue.

GOVERNANCE

  • A new proposal by PNF aimed to secure $3m in POKT to increase liquidity on CEXes.

  • Blockworks Research proposed POKT Network co-sponsoring a Blockworks Research report to position us as a DePIN thought leader.

  • Community feedback led to the refinement of the proposed Governance upgrade to a two-house model, simplifying participation.

GATEWAYS

  • Celestia RPC endpoints went live on our OG Gateway, Grove.

  • Planq partnered with our 2nd Gateway Nodies, enhancing network performance to accommodate its expanding user base and activity.

  • Fresh off a busy week in Denver, our 3rd Gateway Liquify linked up with Bware Labs for a giveaway.
    image

COMMUNITY

  • Discussion was started on a new RetroPGF approach to better align rewards with proven impact.

MUST WATCH

EVENT OF THE WEEK

  • The PEP-67 proposal to improve liquidity on CEXes took the week’s event of the week! Poll

And that’s it for another Week In POKT.

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This Week In POKT (March 16th)

PROTOCOL

  • The protocol’s revenue saw an addition of 16K POKT through the burn, moving us closer to our goal of sustainability.

GOVERNANCE

  • Voting commenced on PUP-33, aiming to increase the block size and the minimum number of proofs, facilitating scalability for POKT Morse as POKT Shannon development continues.

  • Additionally, the voting process began for appointing an Observer to PNF’s Board. The DAO-appointed observer will have a crucial role, offering the opportunity to influence core decisions.

GATEWAYS

  • The second POKT Gateway, Nodies, achieved a significant milestone, processing over 10 billion relays since its inception.

COMMUNITY

  • Beta testing for various Community Onboarding Quests on the POKT Discord has started. The Node Runner quest is one such initiative.Try it here :point_down:
    Discord

  • The Ecosystem call focused on discussing POKT Network’s role in supporting AI’s Cambrian explosion. Watch the discussion here: https://youtu.be/tzCZxvI10rU?feature=shared

EVENT OF THE WEEK

  • Nodies’ milestone of 10 Billion relays took the week’s EOTW trophy!

And that wraps up another week in POKT.

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This Week In POKT (March 23rd)

PROTOCOL

  • The private Testnet for Shannon was launched. The protocol team will use this for quick iterations and to establish the basics for Shannon before the launch of a public Testnet in April. Catch up on more protocol updates from the week’s Builder’s Call.

  • PUP-33: SPACE has been approved by the DAO. This approval will lead to updating 2 on-chain parameters in POKT Morse. The updates will increase the block size and raise the minimum number of proofs required for a node to claim.

  • 13.9k POKT was burned and added to the protocol’s revenue.

GOVERNANCE

GATEWAYS

  • Liquify teamed up with Cartesi to host an exciting evening of engaging discussions at #ETHTaipei.
    image

EVENT OF THE WEEK

The highlight of the week was the announcement of Shannon’s private Testnet launch.

That wraps up all events from the week in POKT.

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This Week In POKT (March 30th)

PROTOCOL

  • We announced the listing of $POKT on Upbit, enhancing its accessibility.
    image

  • Following the approval of PUP-33: SPACE, the following protocol parameters were updated:
    • BlockByteSize expanded from 8MB to 12MB


    • MinimumNumberOfProofs increased from 10 to 500

GOVERNANCE

  • The CREDS proposal (PIP-37) was published, introducing a governance model based on reputation rather than capital.

  • PEP-67 was greenlit by the DAO, setting the stage for enhanced POKT liquidity across exchanges.

  • The DAO elected @Cryptocorn as PNF’s new Board Observer, aiming to be a valuable liaison between the community and board.

  • Approval of PEP-68 was granted, meaning POKT DAO will co-sponsor a Blockworks Research DePIN report, reinforcing our position as the sector thought leaders.

  • The proposal to renew the POKT x Messari partnership went to vote, aiming to continue Messari’s quarterly reporting of POKT Network.

GATEWAYS

  • Grove announced the deprecation of support for Ethereum Goerli & Polygon Mumbai, following guidance from their respective Foundations.

COMMUNITY

  • PNF proposed the formation of an expert working group to craft a litepaper on POKT’s AI potential.

  • 2 new Quick Grants were opened. One is for the official website maintainer, and the other is to enhance POKT documentation with a focus on the Developer Audience.

  • A community bounty for a refreshed slide deck was unveiled. Time for a visual upgrade!

MUST WATCH

EVENT OF THE WEEK

The standout moment of the week, with 90% of votes, was the announcement of POKT’s Upbit listing.

That’s a wrap for another Week In POKT.

This Week in POKT (April 6th)

PROTOCOL

  • We announced our decentralized RPC support for the Celestia ecosystem.

  • An update on wPOKT v2 was released, confirming its launch on Arbitrum by the end of April.

GOVERNANCE

  • PEP-71 was proposed to expand the POKT x Encode Club partnership.

  • Voting on PEP-70 was initiated to assist ex-Nodes For All stakers.

  • The DAO approved PEP-69, continuing our partnership with Messari for insightful reporting of POKT Network.

GATEWAYS

  • Our OG Gateway Grove shared exciting updates in this week’s View From The Grove: support for Rollchains data retrieval, development of a specs library for RAG developers complete with a testing endpoint, and more.

  • Nodies enhanced the Gateway Server with a notable QoSNode feature, aiding node operators.

  • Liquify announced their participation in Infura’s Decentralized Infrastructure Network (DIN) initiative.

COMMUNITY

  • POKT AI Lab’s debut report unveiled a Local-Net proof of concept with LLMs and Diffusion Models.

MUST WATCH

  • Our very own @Adrienne on an episode of The Deep Dive discussing all things POKT Network and what makes it the RPC Base Layer. Check it out in this week’s Must Watch.
    image

MUST LISTEN

  • This week’s Must Listen is the Space with our own @b3n and Near Digital Collective delving into the topic of decentralized governance and how to make governance more inclusive.

MUST READ

  • Check out the DePIN report by Blockworks Research, this week’s Must Read, exploring the impact of Decentralized Physical Infrastructure Networks.

    Don’t miss the Space to delve deeper into the DePIN report. Set your reminders!
    image

EVENT OF THE WEEK

  • The week’s standout moment, as voted by the community, was the announcement of Celestia support!

That wraps up another Week In POKT.

This Week in POKT (April 13th)

PROTOCOL

  • We announced the addition of 3 new Gateways, with Developer DAO, Raid Guild, and Chainstack joining the Gatewayverse.

GOVERNANCE

  • A new proposal was made to use 60K OP, 75K ARB, and 750K $POKT custodied by PNF on behalf of the DAO to fund a retroactive grant program.

GATEWAYS

ECOSYSTEM

  • Community members joined the Quick Grants program to kickstart research into a 1-click solution for POKT, establish a community Hub in Japan, and more.

MUST LISTEN

  • This week’s must-listen is the insightful discussion we hosted on the Bblockworks Research DePIN report, joined by Sal, Jonathan Victor, Michael Sothan, and our very own @Dermot. Listen here
    image

EVENT OF THE WEEK

  • The standout event of the week was the expansion of the Gatewayverse with 3 new additions.

And that concludes another Week in POKT.

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