untitled design

Ethereum Infura will create a decentralized infrastructure network

The engineering company Ethereum Infura has announced the launch of a decentralized infrastructure network that will provide the ability to connect to blockchains without the need to run your own nodes.

Ethereum Infura, operated by ConsenSys, announced on Twitter plans to launch a decentralized infrastructure network by 2023 and invited infrastructure providers to apply for an early access program to become an operator on the test network.

“Infura was launched in 2016 to make it easier for Web3 developers to access Ethereum and build the future they want to live in. Infura is the first blockchain API service of its kind. We are not a DAO or a group of contractors, but ConsenSys has always believed in decentralization and tried to implement it in their products,” said Ethereum Infura co-founder E.G. Galano (EG Galano).

He added that the abundance of day-to-day operational needs prevented the company from focusing on the research needed to implement a new project. But now Ethereum Infura is ready to move on to the next stage and start developing the protocol that will underpin the decentralized network.

The problem of possible centralization of the Ethereum network is regularly discussed in the crypto community. Concerns about the presence of fundamental problems intensified after the transition of the network to Proof-of-Stake (PoS), when it became known that 45.15% of the nodes launched for block verification, transaction processing and data storage are controlled by just two addresses.

Source: Bits

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights


Most popular