Home>EXCHANGES>Facebook Goes Down as Bitcoin Continues Mining Blocks With 99.98% Uptime
EXCHANGES

Facebook Goes Down as Bitcoin Continues Mining Blocks With 99.98% Uptime



Social media giant Facebook and its Instagram and Whatsapp platforms went down for a couple of hours highlighting the stability of Bitcoin and its decentralized architecture. 


Facebook Goes Down

Social media website Facebook went down for a few hours on April 13th according to a monitoring resource downdetector.com.

Whatsapp, the popular messaging app, and Instagram, a picture-sharing social media platform, both owned by Facebook, have also experienced outages.

According to a report by Business Insider, there were more than 9,000 people complaining about the issues and it was felt mostly across Asia and Europe.

As of yet, there’s no formal statement outlining the issues for the outage. However, a spokesman from the company said:

We’re sorry for any inconvenience.

Not The First Time and Not The Only One

It’s not the first time the social media website has experienced a notable outage.

Earlier in March, Facebook, as well as the abovementioned associated apps went down for over 24 hours.

The company did come up with a formal statement then explaining:

Yesterday, as a result of a server configuration change, many people had trouble accessing our apps and services. We’ve now resolved the issues and our systems are recovering. We’re very sorry for the inconvenience and appreciate everyone’s patience.

Facebook is not the only centralized company which has experienced technical issues depriving hundreds of thousands of users of its services.

Bitcoinist reported last summer that Visa, one of the leading payment solution providers with millions of people using it, experienced a “system failure”, leaving countless of its customers without access to their money.

Bitcoin Stays Up, Always

Amid events of the kind, it can’t go without mention that Bitcoin’s network boasts an uptime of 99.98% since its inception, highlighting the benefits of decentralization. If one or even hundreds of Bitcoin nodes go offline, the network will continue working unabated.

network nodes metcalfes law

On the other hand, as showcased above, centralized solutions are much more prone to experiencing downtime given their central point of failure.

In the case of Visa, it was a “system failure,” while in the case of Facebook’s March outage it was a “server configuration change.” Bitcoin’s distributed network not only requires more resources to attack it than to defend it, but its funds are also further decentralized in wallets that are protected by private keys controlled by individual users.

What do you think of Facebook’s outage? Don’t hesitate to let us know in the comments below!


Images via Shutterstock

The post Facebook Goes Down as Bitcoin Continues Mining Blocks With 99.98% Uptime appeared first on Bitcoinist.com.

 

source: https://bitcoinist.com/facebook-down-instagram-whatsapp-bitcoin-up/

TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!

Post source: Facebook Goes Down as Bitcoin Continues Mining Blocks With 99.98% Uptime

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com





  • Bitcoin
  • Ethereum
  • Bitcoin cash
  • Litecoin
  • Cardano
  • Dash
  • Stellar
  • Ethereum classic
  • Lisk
  • Tron
  • Neo
  • Qtum
  • Omisego
  • Binance coin
  • Zcash
Scan to Donate Bitcoin to 1J6PGL1oemFb3hxabLygq4WgWx8cbfji1r

Please help us if you can with some Bitcoin

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Ethereum

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Bitcoin cash to qrth4e0g93h3gpxex8ycwuxtsa332tha5qvkmlz0g5

Please help us if you can with some Bitcoin cash

Scan the QR code or copy the address below into your wallet to send some Bitcoin cash

Scan to Donate Litecoin to LTxxjySMDtERJhHYJ99UFW9AamAWTwCAZ4

Please help us if you can with some Litecoin

Scan the QR code or copy the address below into your wallet to send some Litecoin

Scan to Donate Cardano to DdzFFzCqrhsopoZLhbouUwh2NvvWMPeFrXQW9vNNpPKrjKbRGyLRN5joJgCeZ6e1MRHtPHeLffpkNpQs5AdDA8qFCZ4gA9bYtaerNQTk

Please help us if you can with some Cardano

Scan the QR code or copy the address below into your wallet to send some Cardano

Scan to Donate Dash to XmAdEHrwiVZJVkAxe8hK5U6HZB59L5yhmK

Please help us if you can with some Dash

Scan the QR code or copy the address below into your wallet to send some Dash

Scan to Donate Stellar to GD4KROE42HPOMT7BT6M27HHLFCOSIXPYY2V3WSCX5FYEWRJDIJQ4RWFT

Please help us if you can with some Stellar

Scan the QR code or copy the address below into your wallet to send some Stellar

Scan to Donate Ethereum classic to 0x5BF3fCAC8deA20CF21C9D0D9d058E00EEfc431Ae

Please help us if you can with some Ethereum classic

Scan the QR code or copy the address below into your wallet to send some Ethereum classic

Scan to Donate Lisk to 15642042552518336132L

Please help us if you can with some Lisk

Scan the QR code or copy the address below into your wallet to send some Lisk

Scan to Donate Tron to TYnAenRiV6BsTiE6FVyAcDDxZtBKUQTFxN

Please help us if you can with some Tron

Scan the QR code or copy the address below into your wallet to send some Tron

Scan to Donate Neo to ATiXRHVqYqrNktbxJfcDETfnrSUWSG4cPb

Please help us if you can with some Neo

Scan the QR code or copy the address below into your wallet to send some Neo

Scan to Donate Qtum to QUYXxY6kX7TY2HSLwVYMwFaJNZLwvX5uyp

Please help us if you can with some Qtum

Scan the QR code or copy the address below into your wallet to send some Qtum

Scan to Donate Omisego to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Omisego

Scan the QR code or copy the address below into your wallet to send some Omisego

Scan to Donate Binance coin to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Binance coin

Scan the QR code or copy the address below into your wallet to send some Binance coin

Scan to Donate Zcash to t1cBCyKgSSqWaNrkpvQZUSTuxMmAbbAyFpZ

Please help us if you can with some Zcash

Scan the QR code or copy the address below into your wallet to send some Zcash



Source link

Review Overview

Summary