The AWS Outage Shows Why Crypto Can't Keep Relying On Centralized Infrastructure
NegativeCryptocurrency

The recent AWS outage has raised serious concerns about the reliance of the cryptocurrency industry on centralized infrastructure, which contradicts its core principle of decentralization. Dr. Max Li, the founder and CEO of OORT, highlights this hypocrisy, emphasizing that crypto exchanges depend on vulnerable cloud platforms that can fail, jeopardizing the entire ecosystem. This situation underscores the urgent need for the crypto sector to develop more resilient and decentralized solutions to ensure its long-term viability and trustworthiness.
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