Cryptocurrencies
Key Player In Ethereum Infrastructure Infura Rejects Centralization Claim
- ConsenSys business runs network nodes for developers, apps
- Token issuance, opening sourcing tools is under consideration
Joseph Lubin
Photographer: Chet Strange/BloombergThis article is for subscribers only.
One of the most influential entities in crypto is pushing back in its own way against criticism that Thursday’s revision of Ethereum will lead to more centralized control of the blockchain network.
Infura, a key infrastructure provider controlled by Joseph Lubin’s ConsenSys, plans to offer a decentralized version of its service, which effectively runs network nodes so developers and users of apps like MetaMask don’t have to do it themselves. Think of it as Amazon Web Services for Ethereum and other blockchains, like Polygon and Near. Lubin is a co-founder of Ethereum.