Web3
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Another day, another AWS outage disrupting crypto exchanges
3 min read What happened to AWS? Amazon Web Services (AWS) was down for nearly half a day on December 8th. As a result, centralized crypto exchanges like Binance, Coinbase, and others came to a standstill. Moreover, even decentralized crypto exchanges, like dYdX, could not process transactions. Even though dYdX is decentralized, meaning it allows for direct peer-to-peer…
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Solana Chain DDoS and the problem of Centralization
3 min read In one of our previous article (see here), we have discussed the plague within the current blockchain ecosystems that almost everyone had thought to be decentralized. Unfortunately, reality does not favor the ideology and theory behind the promising technology. Therefore, we are hard-pressed to find a solution to mitigate the problem as…
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Is the “decentralization” in the blockchain ecosystem really decentralized?
3 min read When hearing about terms such as “blockchain” and “decentralization”, most of us may imagine a network system that the public can own and control collectively. But the reality is not what it seems. So let’s put the “decentralization” in our current blockchain ecosystem to test, shall we? What is decentralization in blockchain…
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Access to blockchain infrastructure — market opportunities and challenges
2 min read As an up-and-coming player in the blockchain industry, OMNIA believes in combining the power of decentralization with privacy to provide an unmatched node provider service. In this article, we aim to provide a general market overview and list the opportunities and challenges that await us in the future. Opportunities Overview Our market research indicates…