Re: Blocknet solving Ethereums Centralized Data Protocol - Infura
Never heard of "infura" before, but it worries me a bit that Ethereum functions like this?
When is this ready for public use?
When is this ready for public use?
Devs said 2021, that's all we know for sure right now.
Never heard of "infura" before, but it worries me a bit that Ethereum functions like this?
When is this ready for public use?
When is this ready for public use?
Would like to know as well. A few weeks ago when I logged into my metamask account, it said I had 0 tokens on it. I freaked the FUCK out, lol. I thought I was hacked or something, almost got a heart attack, lol. I read about some "Infura outage", but didn't know the technicals behind it.
Ethereum has some centralized points of failures. Nobody cares until something like this happens, haha. Funny thing is, Infura processes millions of dollars worth of fees every day, fees which could be paid to service nodes on the Blocknet chain.
Thanks, guess I need to do some research into Ethereum and Blocknet, seems really interersting, especially because I've never really seen Infura being discussed before.
Only very few people know about Infura from what I've seen. Millions of dollars worth of fees is collected through this node, so it's a very profitable business, however if it goes down, you'll see people freak out, haha.
Blocknet's Infura replacement is just one aspect of their Oracle Network though, they can bridge any blockchain using their XRouter.