Tether CEO Advocates for Decentralization After Global IT Outage
19.07.2024 23:17 1 min. read Alexander Stefanov
The incident was traced to a technical fault in CrowdStrike’s centralized software, which led to widespread issues including system crashes on Windows devices.
CrowdStrike’s head, George Kurtz, clarified that the problem was not a cyberattack but a technical glitch that has since been addressed. He urged affected parties to consult the support portal for further details.
Ardoino criticized the current reliance on centralized systems, arguing that such concentration makes global infrastructure vulnerable to failures.
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He highlighted Tether’s commitment to developing decentralized technologies through its investment in Holepunch, a platform focused on creating resilient, non-centralized apps.
The incident has amplified calls from the crypto community for more robust decentralized solutions to enhance system stability and security.
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