Market cap
$20.07M
3.77 %
Volume (24h)
$132.89K
3.77 %
Circulating supply
2,375,495,893 POKT
Total supply
2,351,355,446 POKT
Pocket Network (POKT)
$ 0.01
3.77 %
Main info
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Key data
updated $0Market cap$20.07M
Volume 24h$132.89K
Circulating supply2.38B
All-time high$3.11-100% from peak · 2022-01-15
Pocket Network (POKT) is a decentralized blockchain infrastructure protocol that allows developers to access and pay for blockchain data via a distributed network of nodes. It acts as a relay between applications and multiple blockchains, ensuring censorship-resistant and cost-efficient RPC (Remote Procedure Call) access.
Frequently asked questions
What is Pocket Network and how is it different?
Unlike centralized RPC providers, Pocket Network decentralizes access to blockchain data by incentivizing independent node operators with POKT tokens. This eliminates single points of failure and reduces reliance on big tech infrastructure.
How does Pocket Network's technology work?
Pocket uses a Proof-of-Stake (PoS) consensus where node runners stake POKT to validate and relay RPC requests. Apps pay in POKT for these services, with nodes rewarded proportionally to their work and stake.
How is POKT's token emission structured?
New POKT tokens are minted as rewards for node operators and service providers. Emission decreases over time via a disinflationary model, with a fixed annual reduction rate until reaching the max supply.
How can I store or use POKT tokens?
POKT is an ERC-20 token compatible with Ethereum wallets like MetaMask. It's primarily used to pay for RPC services or staked to run nodes, but also trades on exchanges like Gate.io and KuCoin.