• Market Cap: $1,197,663,592,843.08
  • 24h Vol: $21,237,643,757.18
  • BTC Dominance: 44.08%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Aave taps Pocket Network to beef up decentralized app development

Jon Hartney by Jon Hartney
July 19, 2022
in Bitcoin, Blockchain, Business, Market
0
Aave taps Pocket Network to beef up decentralized app development
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Aave will leverage Pocket’s distributed network of 44,000 nodes to access on-chain data from various blockchains.

Aave (AAVE), an open source decentralized finance (DeFi) protocol, is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol.

According to the statement on Tuesday, Aave will use Pocket’s distributed network of more than 44,000 nodes to access on-chain data from various blockchains to power decentralized applications. Developers building Aave-powered DApps may now access blockchain data from Pocket Network on demand following the new integration. Michael O’Rourke, CEO of Pocket Network, remarked that:

Related articles

Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

June 4, 2023
5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

June 4, 2023

“The goal is to power the next wave of decentralized applications that combine Aave’s best-in-class liquidity market with Pocket’s unrivaled RPC coverage, which now supports 50 blockchains and is well on its way to achieving its goal of 100 blockchains in 2022.”

Aave Grants DAO made this agreement possible by providing a Grant for the purchase of the required Pocket Network’s native token POKT for Aave’s frontend traffic. To meet its demands, Aave currently utilizes several Remote Procedure Calls (RPC) from various infrastructure providers. Because these solutions have varying degrees of reliability, they can occasionally become unruly and cause user experience to deteriorate.

The new connection with Pocket Network is intended to alleviate these problems by offering Aave a more stable and durable infrastructure solution for its decentralized apps.

Related: NEAR developers to get seamless Web3 app deployment with Pocket Network

According to Defi Llama’s analytical data, Aave is the third most valuable protocol in terms of total value locked (TVL) ranking, having a current price of $95.91 and a total value locked (TVL) worth of $6.1 billion as of writing. Aave’s liquidity is derived primarily from Ethereum (ETH) and Polygon (MATIC), as the majority of its operations span multiple blockchains. Pocket Network also offers dedicated RPCs for these networks, lowering latency, improving uptime, and providing optimized multi-chain data services.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

by Jon Hartney
June 4, 2023
0

After the naysayers left Bitcoin for dead in 2022, it’s back with a bang so far in 2023 Here’s

5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

by Jon Hartney
June 4, 2023
0

Level up your skills in language models and automation with free ChatGPT and generative AI courses

Pro-XRP attorney’s phone hacked to promote LAW token

Pro-XRP attorney’s phone hacked to promote LAW token

by Jon Hartney
June 4, 2023
0

Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

by Jon Hartney
June 4, 2023
0

The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate

Elliptic integrates ChatGPT to bolster crypto risk detection

Elliptic integrates ChatGPT to bolster crypto risk detection

by Jon Hartney
June 4, 2023
0

Crypto risk management firm Elliptic believes that ChatGPT will assist in exposing crypto risks to users that "they

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Three Reasons Behind Bitcoin’s 2023 Resurgence

Three Reasons Behind Bitcoin’s 2023 Resurgence

June 4, 2023
5 free ChatGPT and generative AI courses

5 free ChatGPT and generative AI courses

June 4, 2023
Pro-XRP attorney’s phone hacked to promote LAW token

Pro-XRP attorney’s phone hacked to promote LAW token

June 4, 2023
FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’

June 4, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Three Reasons Behind Bitcoin’s 2023 Resurgence June 4, 2023
  • 5 free ChatGPT and generative AI courses June 4, 2023
  • Pro-XRP attorney’s phone hacked to promote LAW token June 4, 2023
  • FTX debtors object Genesis’ ‘critical’ claim estimate of ‘$0.00’ June 4, 2023
  • Elliptic integrates ChatGPT to bolster crypto risk detection June 4, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$27,231.000.24%
  • ethereumEthereum(ETH)$1,905.680.15%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$307.16-0.04%
  • usd-coinUSD Coin(USDC)$1.00-0.02%
  • rippleXRP(XRP)$0.531.30%
  • staked-etherLido Staked Ether(STETH)$1,904.430.11%
  • cardanoCardano(ADA)$0.3813691.35%
  • dogecoinDogecoin(DOGE)$0.0728350.27%
  • solanaSolana(SOL)$21.893.48%
  • matic-networkPolygon(MATIC)$0.90-0.13%
  • tronTRON(TRX)$0.081650-3.33%
  • litecoinLitecoin(LTC)$96.17-0.43%
  • polkadotPolkadot(DOT)$5.361.29%
  • binance-usdBinance USD(BUSD)$1.000.03%
  • shiba-inuShiba Inu(SHIB)$0.000009-0.07%
  • avalanche-2Avalanche(AVAX)$14.761.68%
  • daiDai(DAI)$1.000.07%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,248.000.20%
  • uniswapUniswap(UNI)$5.110.47%
  • chainlinkChainlink(LINK)$6.511.26%
  • leo-tokenLEO Token(LEO)$3.600.28%
  • cosmosCosmos Hub(ATOM)$10.821.71%
  • okbOKB(OKB)$46.04-0.21%
  • moneroMonero(XMR)$149.922.13%
  • ethereum-classicEthereum Classic(ETC)$18.220.07%
  • ToncoinToncoin(TON)$1.74-0.70%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • stellarStellar(XLM)$0.092433-0.37%
  • bitcoin-cashBitcoin Cash(BCH)$116.541.40%
  • internet-computerInternet Computer(ICP)$4.840.60%
  • filecoinFilecoin(FIL)$4.85-1.06%
  • true-usdTrueUSD(TUSD)$1.00-0.02%
  • lido-daoLido DAO(LDO)$2.31-1.33%
  • AptosAptos(APT)$9.151.10%
  • quant-networkQuant(QNT)$116.720.19%
  • hedera-hashgraphHedera(HBAR)$0.050869-0.04%
  • crypto-com-chainCronos(CRO)$0.0614633.18%
  • ArbitrumArbitrum(ARB)$1.23-1.09%
  • nearNEAR Protocol(NEAR)$1.640.61%
  • vechainVeChain(VET)$0.020029-0.06%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • apecoinApeCoin(APE)$3.161.10%
  • the-graphThe Graph(GRT)$0.128737-0.60%
  • algorandAlgorand(ALGO)$0.1529870.12%
  • the-sandboxThe Sandbox(SAND)$0.580.15%
  • eosEOS(EOS)$0.920.59%
  • paxos-standardPax Dollar(USDP)$1.000.03%
  • fraxFrax(FRAX)$1.000.22%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • render-tokenRender(RNDR)$2.725.41%
  • elrond-erd-2MultiversX(EGLD)$38.973.58%
  • optimismOptimism(OP)$1.511.46%
  • rocket-poolRocket Pool(RPL)$49.901.27%
  • aaveAave(AAVE)$64.510.89%
  • decentralandDecentraland(MANA)$0.4943031.05%
  • fantomFantom(FTM)$0.320863-0.69%
  • blockstackStacks(STX)$0.620.66%
  • tezosTezos(XTZ)$0.920.95%
  • theta-tokenTheta Network(THETA)$0.851.04%
  • Rocket Pool ETHRocket Pool ETH(RETH)$2,046.620.17%
  • axie-infinityAxie Infinity(AXS)$7.200.36%
  • immutable-xImmutableX(IMX)$0.834.34%
  • flowFlow(FLOW)$0.730.13%
  • havvenSynthetix Network(SNX)$2.380.81%
  • usddUSDD(USDD)$1.00-0.13%
  • neoNEO(NEO)$10.47-1.41%
  • kucoin-sharesKuCoin(KCS)$7.460.26%
  • galaGALA(GALA)$0.029946-1.87%
  • BitDAOBitDAO(BIT)$0.494854-0.73%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.90-0.09%
  • curve-dao-tokenCurve DAO(CRV)$0.860.43%
  • radixRadix(XRD)$0.067420-0.14%
  • Bitget TokenBitget Token(BGB)$0.4705870.88%
  • injective-protocolInjective(INJ)$7.941.52%
  • bitcoin-cash-svBitcoin SV(BSV)$32.990.77%
  • makerMaker(MKR)$695.293.32%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • gatechain-tokenGate(GT)$4.37-1.10%
  • klay-tokenKlaytn(KLAY)$0.1865220.00%
  • gemini-dollarGemini Dollar(GUSD)$1.000.22%
  • conflux-tokenConflux(CFX)$0.271660-3.45%
  • iotaIOTA(MIOTA)$0.2045362.21%
  • bittorrentBitTorrent(BTT)$0.000001-0.05%
  • kavaKava(KAVA)$1.020.91%
  • chilizChiliz(CHZ)$0.1033092.04%
  • terra-lunaTerra Luna Classic(LUNC)$0.00009410.55%
  • PepePepe(PEPE)$0.000001-2.52%
  • casper-networkCasper Network(CSPR)$0.0474211.52%
  • Tokenize XchangeTokenize Xchange(TKX)$6.470.26%
  • pax-goldPAX Gold(PAXG)$1,949.44-0.02%
  • marumaruNFTmarumaruNFT(MARU)$0.24991121.40%
  • SuiSui(SUI)$0.961.78%
  • mina-protocolMina Protocol(MINA)$0.551.10%
  • compound-ethercETH(CETH)$38.260.01%
  • dashDash(DASH)$43.510.89%
  • gmxGMX(GMX)$55.73-0.58%
  • xdce-crowd-saleXDC Network(XDC)$0.035202-1.91%
  • huobi-tokenHuobi(HT)$2.991.54%