Developer of infrastructure solutions for the Ethereum blockchain — Infura — will launch a decentralized, open-source protocol. It is designed to provide uninterrupted access to Web3 applications and remove a single point of failure.
“A decentralized protocol is a community of highly active infrastructure providers, ecosystem participants with open-source code, who together will be able to overcome existing market constraints,” the press release says.
According to Joseph Lubin, head of ConsenSys (which owns Infura), the project’s launch is a natural step in the platform’s development.
Infura is one of the main providers of an API in the Ethereum ecosystem. The platform is used by more than 430,000 developers. Uniswap, MakerDAO and MetaMask are built on it.
The provider’s team noted that the popularity of its solutions is not conducive to decentralization of the cryptocurrency industry. The new protocol will be rolled out in stages and over time will provide:
- a pool of reliable infrastructure operators capable of handling high-throughput requests without a single point of failure;
- scaled collective governance, as well as data sovereignty, with security and transparency preserved.
Infura also announced an early access program for the project. Qualified infrastructure providers can join the protocol development.
7/x
Technical requirements include:
✦Experience running blockchain infrastructure
✦Willingness to actively participate and provide feedback
✦Interested in decentralizing blockchain API access— Infura @ ETHB3RLIN (@infura_io) September 16, 2022
In April 2022, MetaMask faced outages due to Infura problems.
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