Ankr Protocol partners with Pocket Network to enhance web3 infrastructure

By: Ankish Jain
Ankish Jain
Ankish was a cryptocurrency journalist at Invezz covering the most relevant stories investors need to be aware of. He… read more.
on May 26, 2022
  • Ankr Protocol partners with Pocket Network
  • Pocket Network has become a node provider on the Ankr Protocol as a result of this partnership
  • Pocket Network's Harmony and IoTeX nodes have witnessed a 30% increase in traffic

As the internet has progressed, its impact on us has become more pervasive, affecting everything from what we read to the items we buy to the types of entertainment we stream and how we interact.

Web3 is levelling the playing field by using blockchain to decentralise administration, lowering the influence of large companies such as Google or Meta and making the system more democratic.

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On 26 May, Ankr Protocol, one of the world’s most rapidly growing Web3 infrastructure providers, announced its collaboration with Pocket Network, a blockchain data ecosystem for Web3 decentralised applications.

Consequently, Pocket Network is now a node provider on the Ankr Protocol, enabling its node runners to drive revenue by providing nodes to the Ankr Protocol network.

This collaboration allows thousands of developers, wallets, and decentralised applications (dApps) that engage with blockchains through their RPC services to access a high-performance and decentralised pool of nodes.

Greg Gopman, the Chief Marketing Officer at Ankr said:

Bringing Pocket onto the Ankr Protocol marks a new era of coverage and decentralisation for Ankr and our clients. We love what Pocket has started and the passionate community they’ve fostered. We’re thrilled to have them join on our journey to create the best Web3 Infrastructure solutions,”

Currently, Pocket Network has an infrastructure of 44,000 nodes scattered globally. Now, it has become one of the most sought-after node providers for the Harmony and IoTeX chains, servicing blockchain requests arriving through the Ankr Protocol.

The more traffic Pocket Network serves, the better its native coin, POKT, will perform. It offers Pocket Network’s developers, token holders, and node suppliers a tremendous incentive.

Intriguingly, in the very first week of the agreement, the utilisation of Pocket Network’s Harmony and IoTeX nodes increased by 30%.

Ankr Protocol currently executes an average of six billion blockchain queries each day over more than 50 different chains. As a result of the collaboration, Ankr Protocol will be more widely diffused than ever before, giving users the lowest latency interactions everywhere.

It will result in developers and decentralised applications connecting to the most popular blockchains as quickly and decentralised as possible.

As Ankr continues to decentralise its infrastructure and diversify its node providers, this partnership enables it to offer Web3 as a collaborative protocol instead of a centralised structure.

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