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Chainstack joins Pocket Network as a trusted node provider to help build a more resilient Web3.

03-10-2021 09:52 AM CET | IT, New Media & Software

Press release from: Chainstack

Singapore, 10 March 2021 - Chainstack announced today that it will launch a campaign to support the growth of Pocket Network. This comes after having been a trusted node provider of the network since January 2021. Chainstack will support the growth of the Pocket Network community by making blockchain infrastructure more accessible to all its participants, and by providing ongoing support to developers wanting to engage with the ecosystem.

The mission of Pocket Network is to provide reliable, blockchain-agnostic, decentralized infrastructure to Web3 applications. Pocket coordinates requests through a decentralized relay network of diverse full-node operators in order to guarantee Web3 applications the censorship-resistance, resilience, and redundancy they need to be truly unstoppable. To fulfil this mission, Pocket Network created an incentive layer that completely changes how node operators are compensated for providing infrastructure services.

When registering an application on the Pocket Network, developers will be able to connect and relay data to any blockchain currently supported by Pocket Network’s protocol. Reaping the benefits of a redundant-by-design, decentralized architecture, developers will benefit from a resilient infrastructure without single points of failure.

As a trusted Pocket Network node provider, Chainstack will expand its existing support for the community. Since January it has been running 10 nodes as part of the Pocket Network Bootstrap Program, and it will now begin a wider campaign to make nodes available to the Pocket Network community:

1) Starting today, it will be possible for anyone to become an independent Pocket Network node operator on Chainstack with a preferential pricing, and without the need and cost of running the underlying full Ethereum node separately.

2) Chainstack is further lowering the barrier to take part in the Pocket Network community by opening to the public low-code option to deploy Pocket nodes-as-a-service via its managed blockchain services Marketplace.

Pocket Network significantly reduces centralization risk, decentralized application development costs, and lowers the barrier for developers to create peer-to-peer applications for any blockchain.

Similarly, Chainstack makes the deployment of blockchain networks accessible to developers and businesses of any size thanks to highly flexible hosting options. The addition of Pocket Network to its Marketplace will mark a new frontier in merging enterprise and Web3 deployment, offering a sophisticated and mature decentralized alternative.

Michael O’Rourke, Co-Founder CEO of Pocket Network said: “Chainstack has been a wonderful trusted ecosystem participant in Pocket Network! They’ve been running nodes since the beginning of the year. Alongside the long-tail of individual node runners, having a diverse set of enterprise-grade node infrastructure providers, like Chainstack, not only ensures a high degree of resiliency but also establishes an industry-leading baseline quality of service for Web3 applications. We’re thoroughly excited that ChainStack will be extending its services to our community by offering cost-effective Ethereum full-nodes for those that want to become a Pocket node runner and lowering the barrier to entry for anyone to participate in Pocket Network with a low-code option.”

Eugene Aseev, Co-Founder and CTO of Chainstack, said: “We are a developer-first platform, rooted in precision engineering, and built by a team of pioneers in the blockchain DevOps industry. Becoming a trusted node provider of Pocket Network is a great step forward because it reinforces our commitment to the decentralized community to support the creation of a resilient and accessible Web3. Our platform remains the most developer-friendly out there, and we will keep adding new applications, services and developer tools to continuously improve the experience of innovating using Chainstack.”

Alex Albano
Chainstack Pte Ltd,
Level 30, Suntec City Tower 3, 8 Temasek Boulevard
Singapore

About Chainstack
Chainstack makes it radically simple to launch and scale decentralized networks and applications for enterprises and developers through its managed blockchain services platform – complete with an intuitive user interface, seamless orchestration and predictable pricing. We offer enterprise-grade tools and services that empower developers, solution providers, and consortia to safely experiment and run-in production. By building on Chainstack, the time, cost and risk involved with leveraging decentralized technologies can be reduced. With a secure API, membership management, and flexible deployment options, enterprises and developers can immediately accelerate and future-proof the development of their transformative solutions. Learn more at www.chainstack.com

About Pocket Network
Pocket Network is a blockchain data platform built for applications that uses cost-efficient economics to coordinate and distribute data at scale, enabling seamless interactions between blockchains and applications. With Pocket, the use of blockchains can be simply integrated into websites, mobile apps, IoT and more, giving developers the freedom to put blockchain-enabled applications into the “pocket” of every mainstream consumer. Learn more at https://pokt.network

Media Contacts:
Alex Albano
Chainstack
Alex.albano@chainstack.com

Alberto Jauregui
Pocket Network
Alberto@pokt.network

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