Infura to Launch Decentralized Version of its Services by Year End


ConsenSys-linked blockchain infrastructure service provider Infura is considering releasing a decentralized version of most of its services before the end of this year. Infura took to X (formerly Twitter) to announce the launch of a new decentralized infrastructure network

ConsenSys at Korean Blockchain Week 

Speaking at the ongoing Korean Blockchain Week, ConsenSys Head of Strategy Simon Morris broke the news of the coming suite of services to Cointelegraph.

“We’re looking to launch something later this year, but then there’s going to be what they call a federated phase that they’re expecting to like to last of the order of six months,” referring to a trial period while the network was still under centralized control.

Infura to Have Multiple Data Service Providers

The organization also plans to leave the operation of these services to multiple entities including major Web2 cloud providers to avoid the occurrence of outages. Infura will still be one of the providers of the network and the decentralization effort will take place in different phases during which there will be an increase in the number of partners responsible for the architecture. 

An early access program has been introduced already for Web3.0  infrastructure providers who want to be part of building the network.

In the meantime, the governance model for the decentralized Infura which could be either a Decentralized Autonomous Organization (DAO) or a foundation, is yet to be determined.

Infura to Provide Reliable Access to ETH

Since 2016 when Infura was launched, its focus has been to make it easy for Web3.0 developers to access Ethereum (ETH) and build the future they want to live in.

With the ongoing plans of decentralization, which is already well advanced, this access to ETH will become possible. In addition, this access would be more reliable and censorship-resistant  because the Decentralized Applications (DApps) will not be fully dependent on a single data service provider from one jurisdiction. 

“If you have different people setting up their infrastructure in different ways on different cloud providers using different node software, then you can start to build antifragility into [the system],” Morris added, confirming that the end goal is to build a TCP/IP-like architecture that can’t be regulated.

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