DeNode
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Revision as of 09:57, 14 December 2018 by wiki_crypto>Zeb.dyor (Created page with "Infura replacement project [https://www.coindesk.com/the-race-is-on-to-replace-ethereums-most-centralized-layer?utm_source=cryptotickerr+main+list&utm_campaign=b76774c53b-...")
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.
