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POKT Network Welcomes Three New Gateways & Brings Open Data Access to Millions of End Users

Developer DAO, Raid Guild, and Chainstack will bring their respective networks and distribution to POKT Network, providing more developers with read/write access to 60+ blockchains’ by building on top of POKT Network’s decentralized infrastructure

POKT Network, the user-governed platform building a Universal RPC (NYSE:RES) Base Layer, announced today the launch of three new Gateways: Developer DAO, Porters (backed by Raid Guild), and Chainstack. The new Gateways are a key part of POKT Network’s growth strategy to scale API access to every open data source on the internet.

Gateways serve as independent access points to the POKT Network, enhancing data accessibility and network performance. Each Gateway is built directly on POKT Network’s universal RPC base layer infrastructure and removes the need to build and maintain any of the underlying infrastructure, helping players like Developer DAO, Porters and Chainstack to operate as an independent RPC business. The innovation of Gateways lies in the ability for businesses of every kind – centralized or decentralized – to resell access to infrastructure by leveraging a blockchain protocol as the central coordinating party. This system adopts a unique business model that delivers the benefits of vertical integration through a decentralized network rather than a single centralized entity, meaning that more of the benefits are shared amongst more businesses. The protocol wins from more demand for the core service, while Gateways benefit from massively decreased time to market, lower operating expenditure and more time and resources to focus on the front-end of their businesses. The launch of these Gateways is a major step forward in POKT Network’s mission to provide developers and enterprises with the most reliable, performance, and cost-effective data, so they can focus on building the best applications with optimal user experience.

The Future of Decentralized Data Access with the Shannon Upgrade

POKT Network’s Shannon Upgrade, scheduled for a summer 2024 release, will simplify integration for RPC providers and projects by removing current limitations and introducing permissionless gateway creation, making censorship resistance fully attainable. This update, currently in private testnet, aims to reduce costs, ease data access across blockchains and AI, and promote collaboration over competition. It marks a critical advancement in decentralized data infrastructure, broadening the range of supported use cases and fueling innovation.

About POKT Network

POKT Network is a leading decentralized blockchain infrastructure provider that empowers developers to build scalable, secure, and efficient blockchain applications with industry-leading data access. Leveraging cutting-edge technology, POKT Network offers a robust, decentralized infrastructure layer that facilitates seamless interaction between decentralized applications (dApps) and multiple blockchain networks. With a commitment to fostering innovation and accessibility in the blockchain space, POKT Network provides developers with the tools and resources they need to unlock the full potential of decentralized technologies.

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This article was originally published on Chainwire


Source: Cryptocurrency - investing.com

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