DeFi

Pocket Network delivers decentralised infrastructure to Polygon

Polygon has expanded its node infrastructure by introducing the Pocket Network to its decentralised framework.

The 5,000 new nodes will dramatically reduce Polygon’s infrastructure costs while enhancing network security and stability. It will provide a decentralised way to service API requests alongside protecting end-user data with one middleware protocol.

Michael O’Rourke, CEO and co-founder of the Pocket Network, told Coin Rivet that the Polygon collaboration was an obvious choice for the decentralised network as it works towards bringing web 3.0 to reality.

“Given all the apps demanding more and more access to Polygon, supporting the ecosystem was an easy decision,” he said.

“We share the ethos of communities that want to build Web3 in a decentralised way and with unparalleled redundancy for Polygon users, Pocket aims to add to Polygon’s amazing growth.” 

What does this mean?

The infrastructure cost typically associated with paying for Remote Procedure Call (RPC) access is no longer a sunk cost for Polygon. This is because Pocket Network leverages a proof of stake (PoS) blockchain through it’s utility token POKT in order to stake and access the node network. 

Risk of service downtime is also therefore significantly reduced as an app’s relays are serviced by five randomly selected nodes per session in Pocket Network versus the centralised set of nodes that other service providers offer.

The Pocket Network has already unlocked promising growth in the blockchain industry, and currently has more than 5,000 active nodes servicing 13 different blockchains.

These nodes are diverse in terms of setup, geography, and client implementations to diversify away from risk.

Most valuable to Polygon’s system is the end-user privacy, which is reclaimed because any one node can’t guarantee that it will receive a specific app’s traffic. This means there is no capacity to consistently leak a specific app’s user data.    

The ability to offload MATIC’s infrastructure needs to the Pocket Network means that developers can focus work on making Polygon the best possible scaling solution (and Ethereum alternative) without risk of compromising on centralised points of failure.

Polygon was, after all, built to be a full-stack scaling solution, so the move to connect via the Pocket Network delivers on infrastructure promises as the MATIC team build through the project’s roadmap.

This is the latest in a series of recent moves by Polygon following its rapid expansion, including the first Layer 2 bridge and this week’s acquisition of the Hermez network.

More crypto news and information

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As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.

Sam Cooling

London-based crypto journalist Sam Cooling studied at the London School of Economics (LSE) before working as a Data Technology Consultant for the Fairtrade Foundation. Coin Rivet combines his passion for technology writing with his zeal for the Decentralised Finance revolution. Sam loves providing daily regulatory and alt coin coverage. Outside of the crypto world Sam loves boxing, and spends his time working with NGOs in Zambia.

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