The partnerships aim to increase decentralization on the Infura network — key to preventing outages of the Web3 services that leverage it, including the wallet service MetaMask.
Consensys senior product manager Andrew Breslin said the significance of the partnerships was less about “who they were” and more about the big-name firms aligning with Infura in “wanting to decentralize every layer of the blockchain infrastructure stack.”
Scheduled for a Q4 launch, the Decentralized Infura Network (DIN) stands as a solution to the problem of centralization for Infrua, with the network currently controlled by Consensys, meaning there remains a single point of failure.
Breslin said one of the first major features offered in the DIN is “failover support” for the Ethereum and Polygon networks. Failover support means that traffic can be re-routed to one or multiple DIN partners in an outage, guaranteeing higher uptime rates in the long run.
Upon launch, the DIN will allow for more reliable and censorship-resistant access to Ethereum as decentralized applications (DApps) won’t need to rely on a single service provider located in just one place, Breslin said.
Developed by the blockchain software giant Consensys, Infura offers a development suite that provides API access to the Ethereum and IPFS networks. At present, Infura is the access point for most DApps to access real-time on-chain data from the Ethereum blockchain.
This sounds like a solution to one of Ethereum’s biggest problems.
We will keep you in the loop, however this will definitely be an interesting 12 months!
If you would like to join our trading community and start your journey to financial freedom, join us or request a callback.
Follow us on Instagram and keep up to date on our services and latest industry news.
