Pocket Network Adds Abundant Bandwidth to Fantom Blockchain

Tampa, United States, 28th April, 2022, Chainwire

Fantom and Pocket node runners can now earn POKT for servicing Fantom traffic from applications, tools, services, and protocols

Pocket Network, a relay infrastructure middleware protocol that provides limitless blockchain bandwidth from a globally distributed network of 44k+ full nodes to applications in Web3 across 45 blockchains, including Ethereum, Polygon, Solana, Fuse, Avalanche, and Harmony, today announced it is adding support for Fantom Blockchain, the highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. 

Officially supporting Fantom within the Pocket Network enables developers to mint Fantom RPC endpoints for their applications directly from the Pocket Portal, enabling node runners to, for the first time, earn $POKT for servicing Fantom traffic from applications, tools, services, and protocols.

“Centralized RPC providers are often susceptible to single points of failure that can bring down service,” said Michael O’Rourke, Co-Founder and CEO of Pocket Network. “After successfully whitelisting support for the Fantom network with the 0049 Relay Chain ID, we’re proud to announce that Pocket Network is bringing decentralization to Fantom and, for the first time, providing incentives and rewards for node operators.”

Adding Pocket Network support for Fantom blockchain brings true decentralization to Fantom’s remote procedure call (RPC), allowing Pocket’s middleware protocol to decentralize the RPC layer and provide a second layer of full-node incentives via its native blockchain protocol cryptocurrency $POKT, a utility token. As with most centralized blockchains, applications are limited by a certain number of requests per day. Pocket Network solves this by offering load-balancing built-in at the protocol layer to provide an extra layer of redundancy that centralized RPC providers can’t replicate. Thanks to Pocket Network, a pool of highly-available Fantom nodes are ready to serve Fantom applications (and RPC aggregators), performing hundreds of millions of relays daily.

“Having Pocket Network’s decentralized RPC on Fantom brings us one step closer to a future built on censorship-resistant and decentralized infrastructure,” said Michael Kong, CEO of Fantom Foundation.

“Prior to now, there were no full-node incentives on Fantom––only Fantom validator nodes could earn $FTM rewards for validating blocks and maintaining consensus,” said Alberto Jauregui, Ecosystems Developer at Pocket Network. “Supporting Fantom not only provides a resilient and reliable RPC service for developers but also creates an extra stream of income in the form of POKT for full-node runners while making the Fantom network more robust at the same time. It’s a win-win for Fantom applications and nodes, demonstrating their dedication to building the infrastructure for a more democratic and efficient future, true to the maxim of decentralization.”

For more information on Pocket Network, visit https://www.pokt.network/.

About Pocket Network

Pocket Network, a blockchain data ecosystem for Web3 applications is a platform built for applications that use cost-efficient economics to coordinate and distribute data at scale. It enables seamless and secure interactions between blockchains and across 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. For more information visit pokt.network. 

Media contact: [email protected] 

Company contact: [email protected]

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Via: 2Usethebitcoin.com

5 MetaMask Features You Probably Didn’t Know About

MetaMask is a cryptocurrency wallet that also serves as a gateway to blockchain applications. MetaMask provides a key vault, secure login, token wallet, and token exchange as a browser extension and a mobile app, giving you everything you need to manage your digital assets.

Today, we will be showing you some unique features that make MetaMask stand out against all other Cryptocurrency wallets.

1. Account Security Management

MetaMask is a tool that allows users to manage their accounts and keys in various methods, including hardware wallets, while keeping them separate from the site’s context.

This is a significant security enhancement over storing user keys on a single central server or even locally, which might allow for mass account thefts. Hackers lately is one of the significant issues facing the Digital space. Cyber crimes have been increasing daily; we have listed out the Top 5 Most-Popular Methods Hackers Use to Steal NFTs, and you may find it interesting.

Developers would appreciate the ease of this security feature:

Developers interact with the globally available Ethereum API, which recognizes users of web3-compatible browsers (such as MetaMask users). Whenever you seek a transaction signature, MetaMask will prompt the user in the most understandable manner possible.

As a result, users are kept informed, and attackers are limited to phishing individual users rather than mass hacking.

2. Supported Blockchain Connection

MetaMask comes pre-configured with Infura connections to the Ethereum blockchain and several test networks.

This allows you to get started without syncing a full node while increasing your security and using your preferred blockchain provider.

MetaMask is now interoperable with any blockchain that exposes an Ethereum-equivalent JSON RPC API, including bespoke and private blockchains.

3. Direct Token Swap

Tokens can be exchanged straight from a user’s desktop or mobile wallet. Swaps aggregates data from decentralized exchange aggregators, market makers, and DEXs to ensure that consumers receive the best pricing with the lowest network fees.

Users may access, store, and swap tokens with MetaMask without worrying about dApps or exchanges obtaining more personal data than they’ve agreed to supply.

Users have complete control over their data with MetaMask, whether participating in decentralized finance or surfing Web 3.0.

  • Fewer approvals

Users need to approve each token once with Swaps to obtain access to all of DeFi’s available liquidity, saving time and gas.

  • Slippage Protection

Large swaps are frequently vulnerable to violent price movements when there is insufficient liquidity on a DEX. Orders are dispersed among practically all DEXs when exchanging using MetaMask to limit the impact of slippage on the final price.

4. Buy Cryptocurrency With MetaMask

It’s simple to acquire cryptocurrency with MetaMask. To get started, click the “Buy” button. You’re ready to browse Web3 on your terms once you’ve financed your MetaMask wallet.

Networks Supported: 

MetaMask allows you to acquire stablecoins and native tokens from a variety of networks throughout the world, including Ethereum, Polygon, Binance Smart Chain, Avalanche, Fantom, and Celo.

Payment Methods :

Card payments – MetaMask partners credit and debit cards globally: Visa and MasterCard.

Mobile payments – You can pay with Apple Pay, Google Pay, and Samsung Pay.

Bank transfer – Users can run ACH transfers in the USA and SEPA in Europe.

5. Enhanced Gas UI For EIP-1559 Gas Development

MetaMask has adjusted its gas settings to improve the user experience and accuracy.

Here’s a video showing some changes you’ll see once you install Extension v10.10.0. These modifications will be available in the Mobile App soon, and the Extension will be opt-in at the launch of v10.10.0.

How To Activate: Under “Settings > Experimental,” where you can toggle the button ON. “

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Some changes involve variations in gas estimations, changes in advanced settings, and using icons/emojis to reflect estimates (low, market, aggressive).

Changes In Gas Estimate

MetaMask has modified the phrases low, medium, and high in estimations to low 🐢, market 🦊, and aggressive 🦍, respectively.

Changes In Advanced Setting

MetaMask has made it easier to adjust the Max Base Fee and Priority Fee. There’s no need to do more calculations to figure out the Max fee.

Also, Customers may now make “Advanced” their default choice, and it will remember their previous settings to better help users who want to employ their gas strategy.

The Use of Icons/Emojis to Reflect Gas Estimations (Low, Market, Aggressive)

  • Low 🐢 
  • Market 🦊
  • Aggressive 🦍

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or using any service.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, and Metaverse news!

Via: https://themerkle.com

Cardano NFT Disruptor – EGO.COM Enters the Game

Aspiring artists esteemed collectors, and NFT junkies – it’s time to let your ego shine! EGO.com – a decentralized creative realm for artists and collectors – is going LIVE on May 25. 

Led by a team of artists, art dealers, and DeFi professionals, EGO.com is harnessing the power of Non-Fungible Token (NFT) technology to bring about the ‘Digital Renaissance.’ EGO.com values the enormous intrinsic utility of NFTs and was created to ensure that artists and collectors make the most of their digital assets. The project is entering an early private sale stage, and here are the key points why you should consider EGO.com your destination for Cardano NFTs.

Although some still believe that NFTs are just “JPEGs with bragging rights,” the world is rapidly transitioning to an all-digital experience. The ability to reliably certify the genuine authenticity of artwork in a world of otherwise frictionless copy and dissemination is a true game-changer. NFTs harbor enormous potential to radically reshape the trajectory of modern art, giving credit where it is due.

EGO.com decentralized ecosystem is here to facilitate that transition, providing professional, 360° degree support for all of your NFT needs. Artists can show off their prowess by minting NFTs of their artwork. Collectors can earn rewards from staking their Cardano-based NFT collections. Investors can hedge against short-term price fluctuations in style.

Built on the backbone of Plutus smart contracts, the EGO.com ecosystem is completely non-custodial and fully decentralized. Whether engaging with the innovative NFT marketplace, minting or staking NFTs, or participating in the NFT Launchpad, Royalty Program – EGO.com only acts as an interface. Instead, patrons and their favored artists are connected directly, ensuring a smooth and frictionless experience.

Private sale

Before going public, EGO.com is hosting an exclusive private sale from May 25 to June 15. For a chance to participate, please visit the official site. Subject to availability. Terms & Conditions apply.

Social Media

Twitter: https://twitter.com/EgoPlatform

Telegram: https://t.me/egoplatform

Medium: https://medium.com/@EgoPlatform

Reddit: https://www.reddit.com/user/EgoPlatform

YouTube: https://www.youtube.com/channel/UCA9RdhgP8PIzsgh-Wql0m1A

Media Details

Company Name: Ego Platform

Contact Name: Reuben Godfrey

Location: US/NY

Email: [email protected]

Website: https://ego.com/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

Via: https://themerkle.com