Supported cryptocurrencies:
BTC BTC
BCH Bitcoin Cash
NANO NANO
XTZ Tezos
0.0003 BCH
EnglishWith the recent AWS distruption [2/19/21] on major crypto exchanges, are BNB and ETH safe from a switch off event?

If not, what steps could they follow to protect their chain, decentralization, operating nodes, wallets e.t.c Are other cryptos potentially affected? Bitcoin (ASIC) mining farms?

damnitbro 3 years ago
    Tags:
  • Aws
  • Amazon
  • Exchanges
  • Cryptocurrencies
question_image


Miss Mike 3 years ago Correct
Please check: aws.status.amazon.com. there is a long, long, long list that may let you known which fields you are concerned with unless I am incorrect. At least is that is where you start looking. Outside if that a 'blue norther' to hit Texas, which is what they used to called the current weather that comes south over the Great Plains or used to or an 'emp', electromagnetic pull event would bring everything down like what happened in Canadian power a few years ago, or a sunspot anomaly would just take everything dow. Then everything is toast.😈
damnitbro 3 years ago
haha. That is true. My assumption is that if Amazon Web Services falls then the entire web infrastructure will have problem. Cypto will survive. Take the reward 😈
mohammadreza 3 years ago
blockchain or distributed ledger technologies can clearly benefit energy system operations, markets and consumers. They offer disintermediation, transparency and tamper-proof transactions, but most importantly, blockchains offer novel solutions for empowering consumers and small renewable generators to play a more active role in the energy market and monetise their assets. Blockchains have enabled applications of sharing-economy in the energy sector, which has prompted several authors to speak about novel market models and energy democratisation [79]. Many research and commercial parties are currently pursuing blockchain innovation in the energy sector. Blockchains are a fast-moving area of research and development, therefore a review on this emergent technology is required to improve understanding, inform the body of knowledge on blockchains and realise their potential.

The contribution of this work is to provide a timely, academic-led review on DLT in the energy sector. First, this paper reviewed various academic and industrial sources, and presented an overview on the fundamentals of blockchain technologies, including system architectures and distributed consensus algorithms, critical components of performance for blockchain ecosystems. Next, the paper presented several energy use cases along with an in-depth discussion on benefits and issues blockchain solutions are facing for each application. Next, we provided a systematic review on a broad range of blockchain activities that showcased the specific areas in which energy system stakeholders and industrial parties are pursuing innovation. Our work shows that most projects are in an early development phase, and research is still ongoing on key improvement areas that would allow desired scalability, decentralisation and security. Blockchain technologies can be disruptive for energy companies and face a large variety of challenges to achieve market penetration, including legal, regulatory and competition barriers. Additional research initiatives, trials, projects and collaborations will show if the technology can reach its full potential, prove its commercial viability and finally be adopted in the mainstream.
SimpleFundz 3 years ago
Many research and commercial parties are currently pursuing blockchain innovation in the energy sector. Blockchains are a fast-moving area of research and development, therefore a review on this emergent technology is required to improve understanding, inform the body of knowledge on blockchains and realise their potential. The contribution of this work is to provide a timely, academic-led review on DLT in the energy sector. First, this paper reviewed various academic and industrial sources, and presented an overview on the fundamentals of blockchain technologies, including system architectures and distributed consensus algorithms, critical components of performance for blockchain ecosystems. Next, the paper presented several energy use cases along with an in-depth discussion on benefits and issues blockchain solutions are facing for each application
Miss Mike 3 years ago
I was recently made aware of a company that may help you a solution for your overall problems. Try contacting C3AI which goes under the stocker ticker 'AI'. It advertises a new developing system for events you seem to need. Good luck.😊