If Web3 is decentralized, why do DeFi dApps still break when the cloud goes down?

On Oct. 20, a hiccup in Amazon’s US-EAST-1 region set off a chain reaction across the crypto industry. Coinbase reported degraded service, Infura and Alchemy posted AWS-related incident notes...

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If Web3 is decentralized, why do DeFi dApps still break when the cloud goes down?

Source: CryptoSlate

On Oct. 20, a hiccup in Amazon’s US-EAST-1 region set off a chain reaction across the crypto industry. Coinbase reported degraded service, Infura and Alchemy posted AWS-related incident notes, and several wallets and rollups began timing out. None of these failures came from the blockchains themselves. Consensus was fine. The problem was everything wrapped around […]