CZ Revealed The Brain Behind The Binance’s Exchange Escape During Cloudflare Outage
The CEO of Binance, CZ, revealed the way out of the short-term suspension of the web services. The work of exchange on Binance was not affected despite the shutdown, although the Some of its services, like CoinMarketCap, of course, we’re also suspended.
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Earlier today, Cloudflare was hanging up which resulted in the inability of the crypto exchanges like FTX, OKX, Bitfinex, Bitmex, and Coinbase to access sites. Platforms like Xumm Wallet and Discord also went through the trouble.
CZ revealed How the Binance exchange was not affected.
When the Binance CEO was asked about the brain behind his success, he said the exchange uses a backup setup for Cloudflare, while many others rely solely on it.
Binance CEO ironically stated decentralization in his response to the question, referring to the not quite canonical working style of its fellow crypto exchanges. But the fact the question remains; “Can there be real crypto decentralization”
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But from the look of things, in the pursuit of Web3 building, companies maintaining servers or in cloud services provision should not interfere with the work of basic services or exchanges. In an ideal web3, there should be no “500 Internal Server Error.”
Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you’re a seasoned investor or just starting out, Cryptolifedigital’s analysis offers valuable insights into the world of cryptocurrency.
