Difference between revisions of "DeNode"
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Latest revision as of 08:50, 23 January 2022
Infura replacement project because of centralization concerns
Also creates a market between developers and node operators, but tries to decentralize the economic relationship between those actors as well.
To do this, DeNode uses a decentralized autonomous organization, or DAO. An initiative by Toronto-based startup Chainsafe, Denode was conceived in May at ethereum hackathon ETH Buenos Aires and is funded through a grant by the Ethereum Community Fund.
“The idea that we can build these structures in a decentralized way that allows for the democratization of power dynamics in economic systems,” said Hyman.
