follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: The Race Is On to Replace Ethereum’s Most Centralized Layer  (Read 992 times)

Offline PRIBO247

  • Hero Member
  • *
  • Activity: 1071
  • points:
    900
  • Karma: 6
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: April 09, 2019, 01:08:13 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
The Race Is On to Replace Ethereum’s Most Centralized Layer
« on: December 05, 2018, 02:05:48 PM »
"If we don’t stop relying on Infura, the vision of ethereum failed.”

That’s how Afri Schoedon, release manager for the Parity Ethereum client, described one of ethereum’s most popular – and controversial – technologies on Twitter in October.

Infura handles around 13 billion code request per day and provides a way for developers to connect to ethereum without having to run a full node. And while the exact usage stats aren’t public, by creating a simpler method for interfacing with the network, it’s said to underpin the majority of decentralized applications in the ethereum ecosystem.

But here’s the thing: Infura is operated by a single provider – the ethereum development studio ConsenSys – and relies on cloud servers hosted by Amazon. As such, concerns exist that the service represents a single point of failure for the entire network.

“If every single dapp in the world is pointed to Infura, and we decided to turn that off, then we could, and the dapps would stop working. That’s the concern and that’s a valid concern,” Michael Wuehler, the co-founder of Infura, told CoinDesk in an interview.

While many of the projects recognize the importance of Infura’s contribution to ethereum – referring to the service as a pillar that holds up the developer community today – many, like Schoedon, feel that steps must be taken to seek a decentralized alternative.

“There is no point in having dapps connecting through Metamask to a blockchain hosted by someone else,” Schoedon tweeted.

And Schoedon isn’t alone in his interpretation. Rather, he’s met by a host of new efforts to dethrone Infura as the go-to connection point for developers linking their decentralized applications to ethereum.

For example, new full node incentivizations schemes like VIP node, Dappnode and D-Node seek to provide different kinds of alternatives.

Equally, infrastructure minimizing efforts such as light clients are gaining traction, as well as experimental software restructuring like Turbo Geth. And according to developers, what’s at stake is the very decentralization of the ethereum ecosystem itself.

Source : https://www.coindesk.com

Altcoins Talks - Cryptocurrency Forum

The Race Is On to Replace Ethereum’s Most Centralized Layer
« on: December 05, 2018, 02:05:48 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod