Po.et is the internet of content value: the decentralized protocol suite for ownership, discovery, and monetization of content.

In this month’s update, I have big news: We’ve reached a critical milestone in the development of Po.et just in time to celebrate Po.et’s first birthday.

Achievement Unlocked: Claim Batching

Claim batching has been implemented and will appear in the next Po.et release. What that means is that our ability to process large volumes of data on the Po.et Network will no longer be limited by severe scalability limitations of the Bitcoin blockchain. If a big media publisher needs to process 100,000 claims per second, we can make that work.

With this announcement, I’m confident that Po.et will be among the first blockchain protocols to operate at true web scale, able to handle millions of daily active users processing millions of claims per day.

Claim batching was the largest chunk of work on the road to our mainnet release. Even beyond Po.et, scaling is one of the biggest problems facing the entire blockchain and cryptocurrency ecosystem. (See also: “In the Crypto Ecosystem, It’s Still 1968 — But We’re Moving Fast”).

You can learn more about how claim batching works and why it’s so important to Po.et (and the rest of the decentralized application ecosystem) in “Scaling Blockchain.”

In addition to claim batching, we’ve also made great progress on documentation, process automation, our internal security review, code quality improvements, and automated test suites that help us catch and prevent bugs. We’ve accomplished a lot since the last update!

What Works Now?

Because our mainnet push has been our primary focus, this hasn’t changed since June:

Where Are We Going Next?

The road to mainnet continues! Here’s our current progress report on our mainnet launch.

First, let’s look at the burndown charts: