how to add Pocket Network to coinbase wallet 2024
Pocket Network, often abbreviated as POKT, is a decentralized service aiming to connect applications with blockchain data without relying on centralized infrastructure. It supports over 50 blockchains and allows for scalable and consistent data delivery for decentralized apps (dApps) through a global network of nodes. These nodes operate on a Proof-of-Stake (PoS) consensus mechanism, ensuring the network remains scalable, efficient, and secure.
What is Pocket Network
Pocket Network is like a bridge that lets apps safely and efficiently talk to different blockchains without needing to trust a single company's servers. It's powered by many computers around the world, ensuring that apps can always access the blockchain data they need. POKT tokens are like special passes that node operators and developers use to participate and get services in this decentralized system.
How to add Pocket Network to coinbase wallet
Adding the Pocket Network or any custom network to your Coinbase Wallet involves manually inputting specific network details into the wallet. Here's a detailed, step-by-step guide based on general procedures for adding
1.Open the Coinbase Wallet App
Start by opening the Coinbase Wallet app on your mobile device.
2.Go to Settings
Tap on the menu (or gear icon) to open the settings.
3.Navigate to 'Wallets & Addresses' or 'Networks'
Depending on your app version, you might see either of these options. Tap to proceed.
4.Add Custom Network
Look for an option to add or manage networks, then find and tap on the ‘+’ button or 'Add Custom Network'.
5.Enter Network Details
You'll need to fill in the details specific to Pocket Network, including:
Network Name: Pocket Network
RPC URL: [You will need the RPC URL specific to Pocket Network, which can be found in Pocket Network's documentation or official channels]
Chain ID: The unique identifier for Pocket Network
Symbol: POKT (optional)
Block Explorer URL: A URL to a block explorer for Pocket Network (optional)
6.Save and Use
After entering all necessary information, save the network. It should now appear in your list of available networks, and you can select it to interact with the Pocket Network.
Conclusion
Pocket Network represents a fundamental shift towards fully decentralized infrastructure for Web3 applications, addressing the critical challenge of relying on centralized RPC providers for decentralized applications. It enables a robust, scalable, and decentralized network of nodes to service data requests from over 50 supported blockchains, leveraging the Proof-of-Stake mechanism for efficiency and security. The POKT token plays a central role in the ecosystem, used for staking by node operators to service data requests and by developers for access to decentralized infrastructure, highlighting a commitment to the principles of Web3.