Reading Assignment: What is Infura?

[Bryan]

1. Infura is a set of tools for developing applications on ethereum. It hosts ethereum nodes on the behalf of its users.
2. Because it makes development easy and investing in the infrastructure can oneself can be expensive.
3. More centralized
4. Run your own node

[jelle_van_der_meer]

1. What is infura?
Infura is a set of tools that anyone can use to create applications that connect to the Ethereum blockchain.

2. Why do so many people use infura?
Because storing data on the blockchain is very expensive to do.
It can be complicated to connect to the Ethereum blockchain.
It is also slow to sync the blockchain.
And the Ethereum blockchain uses up a lot of space.

3. What are the flaws of having so many people using it?
This makes the Ethereum blockchain partially centralized. And makes it vulnerable to attacks by authority’s or third parties

4. What is the alternative to using Infura as a developer?
Running your own node.

ps. I think it’s better to ask these questions before making an account on infura at my playlist this comes after we’ve made an account on infura.

[alve_lagander]

1. Infura is a free service that sets up an ethereum node for you.
2. So that you don’t have to run a node yourself.
3. The main flaw is that the parts of the ethereum network that uses infura are completely controlled by one company.
4. The best alternative to infura is to run a node yourself.

[siratoure95]

1. What is infura?
   A set of tools for anyone to create an application that connects to the Ethereum blockchain.
2. Why do so many people use infura?
   Infura essentially provides the necessary tools for any application to start developing on Ethereum immediately, without the need to run the complicated infrastructure themselves.
3. What are the flaws of having so many people using it?
   A lot of Ethereum-based applications rely on Infura to connect to the Ethereum blockchain and make transactions for their users. But Infura is a centralized service and is therefore vulnerable to attacks that may limit its functionality and it could be used to censor transactions by governments or third parties.
4. What is the alternative to using Infura?
   Until then, Infura is creating a giant on-ramp for people to use Ethereum. Until Ethereum becomes fast and easier to use, Infura’s position as a centralized guide is set to continue.

[TolgaKmbl]

1- It is a set of tools for anyone to create an application that connects to the blockchain.

2- Infura interacts with the Ethereum blockchain and runs nodes on behalf of its users.

3- As more and more services use it, it centralizes the Ethereum blockchain around one company.

4- Everyone having their own node.

[RBeato]

1.What is infura?
Set of tools to facilitate the creation of Dapps.

2. Why do so many people use infura?
Developers don’t have to store the whole blockchain. Allows simple and quick connection and simply, and data storing data.

3. What are the flaws of having so many people using it?
Centralization.

4. What is the alternative to using Infura?
Moralis for example.

[jak]

What is infura?

Infura is a service which allows Ethereum developers to quickly and easily connect their projects to the Ethereum blockchain.

The set of tools Infura provides include running Ethereum nodes accessible by Infura users.
Infura also provide off-chain storage, which is allocated a hash and can be placed on the blockchain.

Why do so many people use infura?

Infura is popular because they made what was traditionally an expensive and tiresome task quick and cheap (often free).

Instead of setting up an Ethereum node on your own, a developer can sign up for an Infura account, create a new project, export the generated Infura endpoint and place it into their Truffle project.

A developer can migrate their 'decentalised project onto a number of blockchains in less than 5 minutes with Infura.

What are the flaws of having so many people using it?

Given that Infura is a centrally run company that routes a gigantic portion of the total Ethereum transactions on the network, it introduces an element of centralisation to a network which is ideally decentralised.

The centralised nature of the company means that should a government or authorised third party interfere with Infura activities, users (and the greater network) now have the opportunity to be adversely affected.

Management of Infura is obviously aware of the threat of centralisation.
Furthermore, the default assumption as to Infura’s values are not necessarily malicious.
The threat lies where a single entity holds such large market share over the activity of the Ethereum network, there’s an argument to be made against its decentralised nature.

What is the alternative to using Infura?

In 2021, efficiency and cost-effectiveness is still important when migrating projects to public blockchains.
There are now more centralised services like Moralis which will likely take some of Infura’s pie.
This is arguably a good thing for all parties on the network, including Infura.

With each additional centralised service/company entering the space to give developers the tools to go live, the networks gets exponentially more decentralised, meaning now if power corrupts within Infura, there are alternative means.

Eventually, developers and users will be able to run their own Ethereum nodes, and it might be easy to do so and develop and migrate quickly.
This utopian environment seems to be some years away, however.

[REGO350]

1. Infura is a blockchain node service.

2. Setting up node is expensive, complicated to connect to the blockchain, syncing is slow, and storing blockchain data takes lot of space. Using Infura will save a lot of time and money.

3. Infura is a centralized service.

4. Alternative service to Infura is Alchemy or Moralis. It is possible to set up your own node with geth.

[ycasanova]

1. What is infura?
   Infura is a set of tools for any person to make a request that connects to the Ethereum blockchain. It interacts with the Ethereum blockchain and runs nodes with its users.
2. Why do so many people use infura?
   So many people use Infura because it makes things easier for devlopers, and it has advantages and it solves problems devlopers have.
3. What are the flaws of having so many people using it?
   Infura can help with the fcat that storing data on Ethereaum is exspensive, it can help with people who have trouble connecting to the etheruam blockchain, it can help with the etheruam blockchain using up the devlopers space.
4. What is the alternative to using Infura as a developer?
   not sure

[tanu_g]

1. What is infura?
A tool as a service for anyone to create an app that connects to the Ethereum blockchain. It interacts with the ETH blockchain and runs nodes on behalf of its users.

2. Why do so many people use infura?
Because it reduces the hassle of interacting with Blockchain for the developers.

3. What are the flaws of having so many people using it?
Infura is a centralized service which eventually makes it vulnerable to attacks and could be used to censor transactions by third parties.

4. What is the alternative to using Infura as a developer?
Alternative to using Infura is hosting their own nodes.

[CryptoPhoenix]

1. What is infura?
   Infura provides tools for developers on Ethereum without running the complicated infrastructure themselves.
2. Why do so many people use infura?
   Because it makes connecting to Ethereum easier and faster, it provides a giant on-ramp to Ethereum for developers.
3. What are the flaws of having so many people using it?
   Centralization, it is possible for governments to censor dapps built using Infura.
4. What is the alternative to using Infura as a developer?
   Running a node yourself and downloading the entire Ethereum blockchain.

[alp257]

What is infura?

• A service that interacts with the Ethereum blockchain and runs nodes on behalf of its users.

Why do so many people use infura?

• provide essential tools to start developing on Ethereum without the need to run the compilicated infrastructure themselves.

What are the flaws of having so many people using it?

• The more users are using it, the more centralized using Ethereum will be. Thus, attacks and censorship can be focused on one central point.

What is the alternative to using Infura?

• People hosting their own nodes.

With the current state of the course, it is worth noting, the reading assignment should be placed before the ‘Getting our Infura Key’ lecture. I suppose that was the intention, things got jumbled somehow.

[Craft]

1. What is infura?
Infura is a tool setfor creating upon the etherum blockchain.
2. Why do so many people use infura?
Infura is fast, scalable, and offers data storage.
3. What are the flaws of having so many people using it?
The ecosystem is centralized, rather that decentralized; exposing vulnerabilities.
4. What is the alternative to using Infura?
Individuals running their own nodes.

References
Retrieved from: What Is Infura? | The Beginner’s Guide - Decrypt

[mrxsol]

1. What is infura?
   Infura is an ethereum node provider that helps you interact with the blockchain
2. Why do so many people use infura?
   Cause it is convenient to use and takes away the hassle of running your own ethereum node
3. What are the flaws of having so many people using it?
   Because of the huge demand for this service sometimes it can run slow as well as experience downtimes
4. What is the alternative to using Infura?
   The alternative to using infura would be hosting/running your own ethereum node

[Konzaih]

1.) A set of tools that runs nodes for user.
2.) Because its convenient and makes using the Blockchain easier
3.) It centralizes the ethereum Blockchain around one company
4.) running an own Node

[Javier_Flores]

Reading Assignment: What is Infura? (Answers);

1. Set of tools used to create applications used to connect to blockchain. Run user nodes.

2. Fast ETH access, Scalable, Data Storage.

3. Centralized services, the used by people the risk of central company.

4. Hosting your own Node.

[zmeghji]

1. What is infura?
   Software as a service which allows access to ethereum nodes without running one yourself.
2. Why do so many people use infura?
   Running your own node is difficult and expensive, so using infura will save time and money
3. What are the flaws of having so many people using it?
   It provides a single point of failure for the ethereum network which is supposed to be decentralized
4. What is the alternative to using Infura?
   Running your own node is an alternative

[limitlessandrew]

1. What is infura?
   Infura essentially provides the necessary tools for any application to start developing on Ethereum immediately, without the need to run the complicated infrastructure themselves

2. Why do so many people use infura?
   There is no need to run complicated infrastructure ourselves.

3. What are the flaws of having so many people using it?
   The more people that uses it, it centralizes the network making it more vulnerable to attack.

4. What is the alternative to using Infura?
   Everyone having their own node.

[LELUK911]

What is the rage?
-> is a tool with which we can deploy/interact with our the smart contract

Why do so many people use Infura?
-> it’s a most popular node because company that adminst this node be owner of Metamask , and this get confidence at users

What are the flaws of having so many people using it?
-> that centralize computazional operation in only one node, this wors speed and in some case stop entry of new transaction in block chain. and in simple more centrelazie is bad for block chain

What is the alternative to using Infura?
-> most commons alternative are : Alchemy/Moralis
and soluction more casaling as private node.

[Pyjama_Man]

1

Set of tools that lets us create an dapp that connects to eth blockchain it interacts with eth blockchain and runs nodes on behalf of its users

2

because storing data on etc is expensive, its slow to sync the blockchain, the eth blockchain uses up a lot of space, it is complicated to connect to eth blockchain and infura solves this issues

3

Because if so many people rely on infura it centralises eth blockchain around one company
therefore it is more vulnerable to attacks that may limit its functionality and it could be used to censor transactions by governments or third parties

4

Moralis