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Ethereum Infrastructure Developer Infura Is Decentralizing, Pr | DeFi & Ethereum News

Ethereum Infrastructure Developer Infura Is Decentralizing, Protocol to Launch Next Year

Ethereum
engineering firm Infura is creating a Decentralized Infrastructure Network to launch sometime next year, the firm announced Friday at the ETHBerlin hackathon. The network’s working title is the “Decentralized Infrastructure Network.” According to a statement, this new network will provide “millions of future users”.

Infura provides backend infrastructure for Web3 companies to launch their products. It offers businesses a way to connect to blockchains like Ethereum without having to run their own nodes. As it gains more customers, Web3 as a whole becomes more centralized as firms run their projects through Infura. Back in 2019, Infura said decentralization could be achieved if every person ran their own node. Now, the company’s Decentralized Infrastructure Network could be an alternate solution.

Source

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