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7 New Blockchains Integrating with Pocket Network’s RPC Service

March 17, 2023
in Web3
Reading Time: 8 mins read
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Relay Recap #106 options 7 new chains being supported for RPC service, 20% relay development from Optimism and Meter, and a transfer up the earnings chart from Polygon Archival. This recap covers stats from March 9 – March 15.

Pleased Friday! We’re again with one other Relay Recap.

Whereas relays cooled off a bit this week after latest pushes in direction of all-time highs, we however nonetheless noticed 6 completely different chains posting double-digit share relay development. A few of the Prime 5 chains like Ethereum and Polygon had a dip in visitors in comparison with latest weeks, however Optimism, Meter, Metis, and FUSE confirmed robust development. You may see extra data within the Chain Highlights part beneath.

After a dip in direction of 1 billion whole relays on the twelfth, we noticed a basic pattern again upwards over the rest of the interval.

From a distribution standpoint, we noticed Polygon shed a few of its share of whole relays, dropping beneath the 30% mark and coming in nearer to Ethereum across the mid 20s.

Lastly, we had a ton of motion in new chain assist this week – extra data within the subsequent part!

Pocket Network's RPC service handles 1.119 billion RPC relays per day for the week.

All through this era, the community serviced a median of 1.119 billion every day relays. The every day excessive for this time interval was recorded at 1.22 billion on March eleventh. 

General, 7.83 billion relays have been serviced in the course of the week. This was a 13% lower from the 8.95 billion relays the prior week.

New Chain Assist Expands Pocket’s RPC Service

It was an enormous week for brand spanking new chain assist, as we allowlisted 3 new chains for RPC service, and are making preparations so as to add one other 4 subsequent week.

The newly allowlisted chains are:

Celo Mainnet (0065)

Velas Mainnet (0067)

Velas Mainnet Archival (0068)

Node runners can now serve relays to those chains and earn POKT for his or her RPC service! Celo particularly has come out of the gates rapidly, already posting a number of days with round 2 million relays.

As at all times, DO NOT add the RelayChainID to your Pocket Node stake till you’ve ensured that your nodes are working accurately.

For subsequent week, we’re focusing on:

Oasys Mainnet (0070)

Oasys Archival (0069)

Kava Mainnet (0071)

Kava Archival (0072)

With these upcoming chains, node runners can get forward of the sport by making preparations to deploy their node, getting as much as sync, and simulating relays to make sure that all the things is working accurately.

Chain Highlights

Beneath are a number of the chains with the highest week-over-week relay development.

The inexperienced percentages present whole weekly relay development, whereas the charts present the two-week pattern in relays per node. Photographs courtesy of POKTscan!

ETH Archival Hint ↗️ 35%

🦾 15,487 nodes servicing

📡 245 common every day relays per node

Optimism ↗️ 22%

🦾 13,990 nodes servicing

📡 1,165 common every day relays per node

Meter ↗️ 21%

🦾 41 nodes servicing

📡 2,693 common every day relays per node

Metis ↗️ 17%

🦾 1,455 nodes servicing

📡 205 common every day relays per node

Ethereum Ropsten ↗️ 12% 

🦾 131 nodes servicing

📡 686 common every day relays per node

FUSE Mainnet ↗️ 12% 

🦾 20,561 nodes servicing

📡 1,242 common every day relays per node

Pocket Network's RPC service features Polygon with a 27% share of total RPC relays, and Ethereum with a 24% share.

Node Earnings

From March ninth via March fifteenth, the story with POKT earnings stayed largely the identical as latest weeks. Ethereum continues to be a detailed second to Polygon by way of whole POKT earnings, whereas Gnosis – xDai stays in a distant third.

Pocket Network node runners earn more than 2 million POKT this week from their RPC service for Polygon, Ethereum, and Gnosis.

By way of common every day POKT per node, we noticed the next chains make the Prime 15 listing.

Though there was some minor shuffling within the Prime 5, we didn’t see too many massive movers this week. Most notable was Polygon Archival, transferring up 7 spots to seize a place on this listing. Though relays have been nearly precisely flat for the chain week-over-week, there have been much less node runners servicing the chain this era, so the common earnings per node noticed a rise.

Node Infrastructure

As of March fifteenth, Pocket Community’s decentralized infrastructure included 21,005 lively nodes throughout greater than 25 completely different nations, permitting the community to offer fixed uptime and resiliency whereas supporting dozens of various chains. 

This whole node rely was down about 0.9% from the earlier week.

Observe: PIP-22 and PUP-19 introduced massive adjustments to the incentives that form Pocket’s node infrastructure, by the use of introducing stake-weighted servicer rewards and elevated validator rewards. We’ll seemingly proceed seeing a consolidation of nodes, as node runners and suppliers mix stakes to make the most of these incentive constructions that have been rolled out in v0.9.0.

Wrap Up

Relays pull again from latest pushes in direction of all-time highs.

3 new chains are allowlisted for RPC service, with 4 extra coming subsequent week.

Optimism and Meter are standouts, with greater than 20% relay development.

Polygon Archival strikes up 7 spots to say a place on the Prime 15 chains for common every day POKT per node.

Thanks for studying!

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