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Decentralized dYdX Went Down Due to Reliance on Centralized Cloud Services
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Decentralized exchange (DEX) dYdX was down for 9 hours Monday afternoon to Tuesday morning, due to a major outage that hit Amazon's cloud-service network Amazon Web Services (AWS), once again stirring up debates about decentralization.
Some commenters have questioned whether a decentralized protocol that relies on services from a centralized corporation is really decentralized.
"Time to retire "decentralized finance". We aren't decentralized, the old guard will keep trying to use it as their
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