Welcome to episode 9 of OurDecentralizedFuture where we talk about Pokt Network: Decentralized Web 3.0 Infrastructure
In episode 9 Andrew talked to Michael O’Rourke of the Pocket Network. Pocket Network is a protocol, not a business. Since it’s not a business, there is no entity trying to squeeze as much profit out of the service as possible. A business is always going to try and maximize profits… the price of any product is always determined by how much people are wiling to pay, not it’s actual value.
The Pocket Network creates a simple market. Developers want get data from the blockchain for their application, and node operators provide the infrastructure, and get compensated in the native POKT currency. Developers only pay for (with POKT) the exact resources that they use.
It’s an intelligent system with no middle men and no one trying to profit by locking developers into contracts or monthly fees for resources they may or may not use.
If you’d like to listen to this on Spotify, it’s embedded right here:
If you’d prefer to watch the words fall on your ears instead, here is the YouTube version:
We also try to practise what we preach and so if you want to watch the same video on an amazing decentralized network, click on over to my 3Speak video channel:
Secondly, thank you to everyone who has followed OurDecentralizedFuture on Twitter, but if you haven’t and would like to learn about your decentralized future, please help us out by liking or commenting or retweeting the tweet below….. we’d be super appreciative:
Lastly, Andrew (@andrarchy) and I have been chatting for a while before we created this podcast. If you’re interested in learning more about Koinos, here are some of the previous chats with Andrew …
EXPLODING NFT Game: Splinterlands
Incremental Improvement and Agile methodology
Blockchain Upgrades & Hard Forks
Avoiding Crypto SCAMS
Governance Tokens & Decentralized Governance
Crypto Crash: Price vs Value
Previous Koinos content
I did it! – Implementing Koinos Developer Testnet Preview
Koinos Developer Testnet Preview and BitClout
Koinos mining update
Will the US Government ban Bitcoin?
Real use cases for Smart Contracts
Clarion OS & KOINOS announcements!
Koinos Plans for 2021 – come join the community!
Transaction Speeds – Centralization vs Decentralization
Institutional store of value in digital assets?
Tokenomics of Blockchains
Enterprises and Public Blockchains
Feeless Blockchain Transactions – How does it work?
Token distribution – Mining KOIN and Proof of Work
Integrating with Koinos
Smart Contracts – what are they?
A conversation with Andrew from the KOINOS Group
Additionally, here are all the good bits:
Koinos Network Socials
Koinos Group Socials
In conclusion, thank you so much for listening to our discussion about Pokt Network: Decentralized Web 3.0 Infrastructure. We would love to know your thoughts below.
Please note : The above post may contain affiliate links.
Below are some product referral links that I love and will benefit us both if you’re interested.
Splinterlands – A super fun blockchain card game that I play almost every day.
Coil – A $5 USD monthly subscription fee provides you access to a ton of content and sites in a way that fairly rewards the creators of that content.
Exxp – The WordPress App to link your blog to the Hive blockchain.
NomadTask – Earn for completing online tasks like following accounts or completing reviews.
MINT Club – Create your own Smart Media Tokens with no coding required.