The Uniswap app interface crashed last night, due to issues with the gateway provider Cloudflare. This is the latest in a series of related incidents which only outline the strong importance of decentralization so let’s read more in today’s ethereum latest news.
Uniswap, the popular decentralized exchange running on ETH, suffered a minor crash due to issues with Cloudflare. The team behind Uniswap’s platform announced the crash last night, advising Uniswap users to access the protocol via a number of other gateways. The crash follows a major issue with Ethereum’s service provider Infura which only enhances the importance of true decentralization. The Uniswap app interface suffered an outage one day ago and it was announced via Twitter from the team behind the protocol that pointed to its Internet Service Provider Cloudflare as the main source of the issue.
1) it's available on other IPFS gatewayshttps://t.co/gJxPeqw10o
2) it can be run locallyhttps://t.co/Nv7DWjEKxc
— Uniswap Protocol 🦄 (@UniswapProtocol) November 14, 2020
Uniswap is an automated market marker that uses the Ethereum blockchain to operate. Thanks to the increasing adoption of Defi currently on the market, this is the most widely used crypto exchange with a daily volume surpassing one of the centralized exchanges like Coinbase. Due to Uniswap’s decentralized nature, last night’s outage limited entry to the app but only through one avenue. The team directed users to other venue points in their announcement on twitter, outlining the benefits of decentralization over and over again. The other more easy ideas included accessing the site via the alternative IPFS gateways and the decentralized cloud services that run the app locally, trading with the contract address via Etherscan, and using other gateways as well.
The current level of decentralization of the DeFi protocols like Uniswap is still an important topic recently and the popular BTC advocate Anthony Pompliano even caused controversies when he tweeted on his profile, saying that most apps are running on Ethereum and they can even be shut down by turning off centralized servers. The founder of Uniswap Hayden Adams joined the discussion explaining that the protocol’s smart contract is immutable and cannot be shut down. The immutability of smart contracts is one of the most important elements of blockchain-like ETH. Last night’s problem concluded a week ago when the centralized servers became the only remaining talking point in the Ethereum community.
If the government threatened to arrest Hayden, you don't think he could shut it down?
— Pomp 🌪 (@APompliano) October 7, 2020
On Wednesday, the ETH gateway provider Infura crashed as well which led to major problems on apps like Metamask. Most of the discussion turned to the importance of using independent nodes in order to achieve decentralization.
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