On January 14th, Pocket Network crossed the milestone of 20,000 full-nodes in more than 23 countries. The infrastructure protocol that facilitates decentralized cloud computing and abundant bandwidth on full nodes interoperable with DApps across all 21+ blockchains, doubling down its market-based approach to providing this vital service by incentivizing a global community of independent node operators who are running more than 20 thousand (21K) contributed machines adding resilience into the network. The Pocket Network is an infrastructure-level solution that minimizes downtime by decentralizing work and data across 23 countries. It preserves end-user privacy because it doesn't store any information on its servers, instead of utilizing thousands of full nodes for distributed storage purposes.
The company Pocket Network is undergoing exponential growth as demand for its network measured in API calls or relays jumped to 5.78 billion in the last December. It rose to this mark from 44% in November 2021.
"Pocket is the First Mover, changing the game as the core infrastructure for the Web3 revolution. For those that are seeking the next high growth first mover like AWS or Ethereum, you can see transparently on-chain the parabolic growth of actual usage and of actual revenues of the Pocket Network. The metrics have been super impressive and we look forward to the scaling 2022 will bring."
Omer Ozden, CEO of RockTree Capital
Michael O'Rourke, CEO at Pocket Network, said at the event, "There is increased investment in public, open-source infrastructure through crypto networks that continue to chip away at the dominance of today's providers, reducing them to commodities. Our attractive economic flywheel model for our network is simple and naturally drives growth - attractive node running incentives add more nodes which in turn creates more redundancy and better DApp service experience, more DApp usage then generates more node revenue."
Pocket is an organization that strives to create a more inclusive and decentralized internet. They do this by encouraging niche cloud providers, which have been less viable over the last decade because of massive well-known incumbents dominating traditional markets with their low prices for bandwidth or storage space but high-quality service delivery.