Blockchain development infrastructure provider Infura plans to deploy a decentralized protocol next year to offer developers a new model for building and launching Web3 products.
The team announced the news at the ETHBerlin hackathon on Friday. With the step, Infura will decentralize its Web3 API (Application Programming Interface) services, which includes developing open-source code for the key elements that power the tool. One of the components is the API that is used to connect to the Ethereum blockchain. The new network aims to provide users improved products that operate without outages and downtime.
1/x— Infura @ ETHB3RLIN (@infura_io) September 16, 2022
We are proud and excited to announce Infura’s plans to launch a new decentralized infrastructure network. 🥳
Infura was launched in 2016 by the Ethereum blockchain software company Consensys to allow Web3 developers to build decentralized applications.