Infura Adds NEAR Protocol for Multichain Development

3 years ago thenewstack.io

Summary: This is a summary of an article originally published by The New Stack. Read the full original article here →

If you’ve looked into building decentralized applications (dApps) in the Ethereum ecosystem, you’ve likely seen Infura pop up in your research. This week Consensys, Infura’s parent company, announced a partnership with the https://near.org/, which operates on a Layer 1 proof-of-stake (PoS) blockchain called https://near.org/papers/nightshade/. This move is Infura’s second expansion outside of Ethereum Virtual Machine (EVM) compatible technologies, following the integration of https://docs.filecoin.io/about-filecoin/what-is-filecoin/ in 2020.

Effectively this allows for a dApp to exist on the Ethereum blockchain, but leverage the efficiency of the NEAR blockchain for transactions.

It presents an opportunity to build out scalable applications that still fully integrate back to existing Ethereum dApps.

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