protocollabs

🚨 **Important Update in Decentralized Storage!** 🚨

Big news shaping the future of Web3 infrastructure: Shipyard is reportedly winding down its dedicated work on the InterPlanetary File System (IPFS). This shift comes as Protocol Labs, a key backer, has ended funding for Shipyard's IPFS contributions.

This development means crucial IPFS software will no longer have dedicated maintainers from Shipyard, placing the future of key public services more directly in Protocol Labs' hands. For the decentralized web community and users relying on IPFS, this represents a significant change in the ecosystem's support and development structure.

It will be crucial to watch how this impacts the ongoing evolution and maintenance of IPFS, a foundational technology for decentralized data.

What are your thoughts on this development for IPFS and the broader Web3 space?

#IPFS #Web3 #ProtocolLabs $BTC
$BNB

Shipyard stops developing IPFS after Protocol Labs cuts funding

- Shipyard, a software development organization, has halted its activities related to IPFS (InterPlanetary File System) after Protocol Labs terminated its funding.
- The loss of funding means IPFS no longer has a dedicated maintenance team, affecting the future of important public services.
- The future of IPFS now depends on Protocol Labs’ decisions.

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Source: CoinTelegraph