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Ethereum has a centralization problem

the the Bitcoin successor, Ethereum, it is not ordered at the moment. Since the Nodes are getting more and more expensive, developers are increasingly turning

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Ethereum has a centralization problem
the the Bitcoin successor, Ethereum, it is not ordered at the moment. Since the Nodes are getting more and more expensive, developers are increasingly turning to Infura.

By Phillip Horch
18. January 2019ETH$120,77 0.71%part Facebook Twitter LinkedIn xing mail

from the looks of it, has to fight the third-largest block chain, project after Bitcoin with a profitability problem. What looked at the beginning of the year 2017 after an immense amount of digital money printing machine, no longer seems to be worth a simply. This leads to another Problem: developers soft Alternatives. This, in turn, leads to centralization.

The problem of Ethereum

background: we reported on the 17. January, that since the advent of the great ICO-hype (which is based, ultimately, on Ethereum) very much capital has been lost (for more on this). Then a certain security, there is a problem: The development Team has had to cancel the promising Hard Fork Constantinople for the time being, as it came to security vulnerabilities (more on this).

Now, TheBlock reported that the Ethereum Blockchain is growing steadily. However, the Nodes have to serve since April, 2018, a decline of nearly 50 percent. How does this work? The answer is (among other things): Infura.

What Infura?

Infura is one of ConsenSys-powered infrastructure solution. In other words, it provides developers of dApps an alternative opportunity, if you want to operate any of its own Node. This is contrary to, ultimately, the basic idea Ethereums. Because at Infura is a single infrastructure within the Ethereum Ecosystem. So Infura offers, ultimately, the famous Single Point of Failure to eliminate the Satoshi Nakamoto almost ten years ago in his Bitcoin White Paper tried.

also Read: Ethereum: Constantinople Hard Fork due to security flaws

Of decentralization, therefore, there is no trace to be cancelled. It is, accordingly, difficult, a decentralized infrastructure to maintain, if a majority of the applications rely on a centralized System. to operate

Nodes needs to be cheaper

What is the solution here? The cost and requirements for an individual Node must decrease, so that it is worth it for dApp developers to operate their own Nodes. Because, as theblock crypto reported to, grew to the size requirement for the synchronization of a standard Ethereum Full Node by three times to over 120 GB.

another Problem: joins, however, Even if the developer agreed to do the same, to synchronize a Node completely, you need to verify this. In other words: It is for operators of Nodes just to elaborate, the synchronization to maintain. The costs are too high, the service Infura are here, ultimately, is an attractive alternative.

Infura hosting its own Node, and provides developers with a front-end user interface for dApps, which connect with Smart Contracts on the Ethereum Blockchain. Thus, the infrastructure ultimately leads to a Re-decentralization of the network, which must deal with the Ethereum Community.

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