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Consensys: Currently in a period of transformation, it is gradually decentralizing and shifting its focus to turning products into protocols

Consensys: Currently in a period of transformation, it is gradually decentralizing and shifting its focus to turning products into protocols

CointimeCointime2024/10/30 06:22
By:Cointime

Consensys, the developer of MetaMask cryptocurrency wallet, has announced its sustainable development roadmap. Consensys has currently built infrastructure products and services such as MetaMask, Infura, Truffle, Diligence, Besu, Teku, GNARK, DIN, and Linea, and will release related plans in a few weeks. Consensys is currently in a period of transformation, gradually decentralizing and shifting its focus from products to protocols, and will evolve from a company to NetworkState over time. Earlier, Consensys announced a 20% layoff, affecting about 160 employees, due to macroeconomic factors and long-term legal expenses in the company's struggle with regulatory agencies.

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