Infura to launch open source decentralized protocol for Web3 APIs

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Infura to launch open source decentralized protocol for Web3 APIs
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Infura will develop a decentralized protocol featuring open-source core components for Web3 APIs with help from infrastructure providers.

Infura invites qualified infrastructure providers to participate in a new decentralized protocol slated for launch early next year.

ConsenSys powered Web3 API provider Infura will look to deploy a decentralized protocol early next year in the interest of offering a more decentralized model for the management of Ethereum’s application layer, CoindeskThe progressive update will see Infura augment its Web3 API services by developing open-source repositories for the protocol’s core processes, and decentralizing the JSON RPC API responsible for connecting users to Ethereum.

Infura will develop its decentralized infrastructure while continuing parallel development on its centralized products that use ConsenSys, and Amazon-hosted cloud services to power Web3 platforms.

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