POKT Network has made a significant development in its efforts to provide developers with increased access to more than 60 blockchains. This is part of the company’s strategy to extend API accessibility across the web through its Universal RPC Base Layer. The addition of these Gateways is considered a pivotal development for POKT Network and its ecosystem, as it aims to offer dependable and cost-efficient data access solutions to aid in enhancing application quality and user experience. The Gateways are likened to Layer 2 solutions in terms of improving scalability, enabling builders to connect directly to a scalable and reliable decentralized infrastructure.
With these additions, the network is not only expanding its capabilities but also laying the groundwork for a future where access to any large open data source is unfettered, secure, and universally available. Businesses are able to offer access to POKT Network’s infrastructure without the need for direct maintenance, promoting a decentralized business model. POKT Network has made rapid progress in expanding its Gateway offerings, growing from a single Gateway to six in just seven months, indicating a strategic push to improve network capacity. The strategy allows for a division of responsibilities, with protocol participants focusing on infrastructure maintenance, Gateways on performance, and users gaining access to reliable and affordable services.
Collaborations with Developer DAO, Porters, and Chainstack are expected to drive network growth and innovation, with Developer DAO planning to reinvest RPC revenues into public goods and promote a model where technological advancements serve the common good. Looking ahead, POKT Network is preparing for the Shannon Upgrade in the summer of 2024. This upgrade is expected to support a broader range of use cases and encourage collaboration within the decentralized data infrastructure space.