ICOcreed logo ICOcreed logo
ICOcreed logo
cryptonews 2021-12-08 09:18:00

Decentralized dYdX Went Down Due to Reliance on Centralized Cloud Services

Decentralized exchange (DEX) dYdX was down for 9 hours Monday afternoon to Tuesday morning, due to a major outage that hit Amazon's cloud-service network Amazon Web Services (AWS), once again stirring up debates about decentralization. Some commenters have questioned whether a decentralized protocol that relies on services from a centralized corporation is really decentralized....Read More: Decentralized dYdX Went Down Due to Reliance on Centralized Cloud Services

Disclaimer : All crypto price forecasts provided on our website are only for general information. The content should not considered as financial advice, legal advice or any other form of advice meant for your investment. Conduct your own research before investing in any cryptocurrency. Trading is a highly risky business, please consult with your financial advisor before making any decision.