Amazon Web Service Outage Shows Need for Decentralized Cloud Computing

Amazon Web Service Outage Shows Need for Decentralized Cloud Computing

Editor’s note: This article has been updated to fix a typo. The original text stated that there was a rise in errors for Amazon S2 requests. The corrected text states that it was Amazon S3. This morning, Amazon Web Services (AWS) underwent a major cloud outage, causing both its Elastic Compute Cloud and Simple Storage Service solutions to receive many request errors in the United States. AWS is a cloud computing solutions provider ran by Amazon, a company most known for its large online retail network.

Related News

Amazon Awarded Bitcoin-Related Cloud Computing Patent

E-commerce giant Amazon has been awarded a bitcoin-related cloud computing patent that envisions the use of digital currencies as payment for cloud computing services on Amazon Web Services (AWS). Amazon's cloud is by far the biggest remote computing service on the market. Market research firm Gartner estimates AWS annual revenue at upwards of $3bn, and it believes Amazon's cloud has five times the capacity of its next 14 rivals. The news follow's Amazon's public statements that suggest is not presently interested in accepting digital currencies, despite such suggestions from rivals like....

Grid Vs. Cloud: Earn Bitcoin By Monitoring Environmental Data

The Internet has fostered the development of machines that can collect sensor-generated data and sell it in return for passive bitcoin payments, 21 Inc stated on Medium. There are presently two paradigms by which this process works: grid computing and cloud computing. The grid refers to a group of heterogeneous machines in offices and homes that different economic actors manage. The cloud refers to the homogenous servers in data centers that single entities like Google or Amazon manage. Since the launch of Amazon Web Services, the cloud has been the better-known of the two paradigms (cloud....

Amazon Cloud Computing Account Hacked to Mine Litecoins

Some criminals are downright stupid. Yet others find clever and interesting ways to get what they want. Case in point: developer Luke Chadwick received an email from Amazon Cloud services noting that his Amazn Key (an authentication token) was found floating around Github - and that's when he logged into his account and viewed his usage. Lo and behold, Chadwick was presented with some, shall we say, shock-inducing statistics. Someone had broken into Chadwick's cloud computing account and used a whopping 1,427 instance hours on the EC2 platform. Doing what, exactly? While Chadwick had hoped....

Coinbase Goes Down Again as Bitcoin Price Dips

Leading cryptocurrency exchange Coinbase and thousands of other platforms on the internet reported recurring interrupted service and pointed the finger at cloud provider Amazon Web Services, which experienced an outage.

aelf (ELF) Token: A Big Shift in Decentralized Cloud Computing

It seems that the next paradigm shift is making its presence known, and that is the tilt from centralized cloud computing to decentralized blockchains. With the advent of the coronavirus pandemic, cloud computing is presently enabling remote working experiences for many as a distributed team can access and leverage on a unified work platform. Decentralized cloud computing: what you need to know on aelf (ELF) Presently, there is growing knowledge that a more decentralized cloud computing methodology could be a catalyst for enterprise business transformation. For instance, on the aelf....