The Clockwork Team Steps Away from Project
The team behind Clockwork, a decentralized automation protocol for the Solana blockchain, has announced that they will no longer maintain the project. The decision was made due to a lack of profitability.
Key Points:
- The Clockwork team received seed funding from Multicoin Capital and Asymmetric.
- Founder and CEO Nick Garfield announced the team’s departure and the shutdown of their nodes on devnet and mainnet.
- The codebase will remain open-source on GitHub for developers to fork and continue the project.
- Nick recommended alternative projects for Clockwork users, including Switchboard, Helius Labs, and Triggr.
- The move towards decentralization is emphasized, with the project’s success now relying on users and the Solana community.
Hot Take: The Clockwork team’s decision to step away from the project highlights the challenges of sustaining profitability in the crypto space. However, their commitment to open-source development and decentralization allows for potential community-driven continuation of the protocol.
By
By
By
By
By