A workflow showing how Infura facilitates access to Web3. Source: ConsenSys
Infura co-founder Eleazar Galano revealed the company intends to fill the gaps in the building process of apps for the crypto ecosystem. Speaking about ConsenSys’ acquisition of Hal, Galano stated:
“Enabling developers a seamless end-to-end experience is a key goal and one of the most important trends is low code / no code solutions.”
In February 2022, ConsenSys acquired Ethereum wallet interface provider MyCrypto to improve the security of MetaMask and its user experience.
We are very excited to bring the @MyCrypto team to @MetaMask! The two teams have been friends and Ethereum colleagues with shared values since 2016.
Together we will continue to build increasingly user-centric, extensible, and decentralized products.https://t.co/A7y8pkrg7f
— Joseph Lubin (@ethereumJoseph) February 1, 2022
ConsenSys acquired Hal to build upon this year-old initiative and enable MetaMask to offer a dynamic, personalized notification system.
Related: ConsenSys founder ‘bullish’ on Ethereum following crypto winter performance
ConsenSys CEO Joe Lubin recently told Cointelegraph that “we’ve retained virtually all of our capabilities” despite having to lay off 11% of its workforce.
Lubin highlighted concerns around raising cash in the crypto ecosystem at the Web3 builder-focused event, Building Blocks 23, in Tel Aviv, Israel. He added:
“And VCs are not kind and generous. They’re going to withhold until some sort of shakeout happens in the tech space, I believe.”
Regarding the job cuts, Lubin believes ConsenSys is now in a stronger position to withstand unforeseen global economic troubles.
cointelegraph.com
