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Pocket Network Partners with Rocket Pool for Ethereum Decentralization

Written byMaxwell Mutuma
Edited by Niharika Deshpande
October 7, 2021
in Blockchain News
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Announcing integration of the new feature of Rocket Pool Smartnodes, Pocket Network has said that it is going to offer Smartnodes with uts Ethereum connections. This will facilitate greater convenience for users as the Smartnodes can be easily aligned with the Ethereum interface, without paying for any infrastructure services that usually cost a hefty amount of money. 

There is synergy in the working of both Rocket Pool and Pocket as both stakeholders are working to make the Ethereum ecosystem more decentralized in nature. Besides, both companies see this association as conducive for the wider adoption of cryptocurrency and blockchain technology. 

Rocket Pool has carved a place for itself in the staking protocol category as it allows users to participate in ETH2 staking without needing to access the full 32 ETH. The smartnodes function of Rocket Pool helps staking members make a connection to both ETH1 client and ETH2 validator. 

On the other hand, Pocket operates in the category of decentralized infrastructure with its protocol consisting of different network nodes from across the globe. These function in a manner that they receive POKT rewards and offer quality access to some of the most popular networks such as Ethereum, Binance, Fuse, Avalanche, and Smart Chain, among others. 

This partnership is going to open up new learning and growth opportunities in the field while decentralizing the Ethereum network. It is bound to have a positive impact on customer acquisition and enhancing customer convenience for both companies. The cost-effectiveness brought about by this integration is going to be unprecedented for the users of both networks. Cryptocurrency experts believe that this particular collaboration can prove instrumental in ramping up the decentralization drive in the Ethereum domain and also pave the way for more such partnerships in the future.

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Maxwell Mutuma

Maxwell Mutuma

Maxwell Mutuma is a crypto journalist at NameCoinNews, with over five years of experience in digital media and Web3 reporting. Since turning his focus to crypto in 2020, he has covered articles around blockchain infrastructure, DeFi protocols, exchange developments, and the broader decentralization movement. Maxwell's work is driven by a long-held conviction that decentralised technology represents a genuinely transformative force. He brings that perspective to his coverage of on-chain developments, regulatory shifts, and the global adoption of Bitcoin and digital assets.

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