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ConsenSys Creating Decentralized Infura Network? ⏳
#ConsenSys , the blockchain technology firm, plans to launch a decentralized version of Infura, a critical access point for #Ethereum blockchain data.
This move aims to eliminate a single point of failure, as Infura is currently controlled by ConsenSys. The decentralized Infura network will include major #Web2 cloud providers, enhancing reliability and censorship resistance for Ethereum DApps.
They are working on a marketplace with up to five distributed data providers, reducing reliance on one jurisdiction.
The goal is to create a robust, unregulatable Web3 architecture. While the network will start centralized, it will transition to a permissionless marketplace in 2024.
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