Infura Plans to Launch a Decentralized Infrastructure Protocol Next Year

The need for decentralized alternatives to centralized institutions and services is constantly growing. Users suffer from the status quo’s data breaches and downtime. Decentralizing blockchain API access is essential for enhancing network uptime and, more crucially, granting individuals control over their data. As part of its roadmap for the new year, Infura, a blockchain development tool, will launch a decentralized infrastructure protocol addressing concerns about its product’s incapacity to underpin Ethereum’s dApps. 1/x We are proud and excited to announce Infura’s plans to launch a new decentralized infrastructure network. 🥳 — Infura @ ETHB3RLIN (@infura_io) September 16, 2022 Decentralized Infrastructure Protocol Approximately 350,000 people may quickly connect dApps to the Ethereum blockchain using Infura instead of hosting a full node, which necessitates more good storage and is more expensive. But there is a cost associated with such accessibility. Users can protect their sensitive activities by running a complete node. However, Infura also logs IP addresses and wallet addresses from its users. Infura will not abandon its more centralized offering, which uses a single provider, ConsenSys, and cloud services hosted by Amazon, despite its quest for decentralization. Instead, the decentralized protocol will coexist with the business’s current products. Ethereum and IPFS Networks Infura introduced its service in 2016 to ...