7 Tweets 4 reads Sep 18, 2022
We might have been right about $INFURA
Today, @infura_io announced plans to decentralize its offerings (Web3 API services)
๐ŸฆŠ @MetaMask uses Infura to connect all wallets to Ethereum: both products are owned by Concensys
A thread on Infura's future ๐Ÿงต
To address concerns that they are too centralized (@ChrisBlec, I know you'll like this as much as me, if done right)...
Infura announced plans to launch a decentralized infrastructure protocol early next year
(BTW, Infura is also used in IPFS, MATIC, STARK, OP, ARB, and more)
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Right now, Infura collects wallet addresses and IP addresses from its users. This means that multiple wallets from the same entity could theoretically be linked
Also, they are hosted on AWS.
Their decentralization plan will co-exist with their existing centralized offerings
โ€ข What is a "decentralized infrastructure network"?
According to their Early Access Program:
A decentralized and robust network of infrastructure providers capable of serving blockchain APIs with high throughput and performance with no single point of failure.
โ€ข What is a "decentralized infrastructure network"?
A decentralized infrastructure network that ensures users across the world can seamlessly access the information and services they need without outages and downtime due to no single point of failure.
Coindesk published an article today with the details: coindesk.com
Apply to be on their Early Access Program (skills required): infura.io
Here's their tweet ๐Ÿ‘‡
As seen, there are not many details on how it will work and what its mechanics would be.
We could speculate based on similar products, e.g. @POKTnetwork
I'd rather wait for more information from them - it is indeed a first step in the right, censorship-resistant direction
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