AWS outage hits dYdX raising concerns over decentralization
An Amazon Web Service (AWS) outage on Dec. 7 forced the decentralized exchange dYdX to halt operations, raising questions over the reliance on centralized services by DeFi protocols.
AWS is one of the most widely used cloud services in the world and a considerable amount of decentralized infrastructure uses it. AWS offers servers, storage, networking, remote computing, email, mobile development, and security for websites.
dYdX issued an update via Twitter on Dec. 8 acknowledging that its reliance on a centralized web service like AWS is problematic. It pledged to improve the true decentralization of its operations, but did not state how.
Centralized exchanges (CEX) Binance.US and Coinbase also saw service outages due to the AWS issue.
dYdX is
Read more on cointelegraph.com
