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Ethereum running “solely” on AWS is a myth. If AWS were shut down, the chain would continue as usual.

colesantiago 3y ago
Even Vitalik knows that Ethereum is centralised. > If AWS were shut down, the chain would continue as usual. Continue laundering money for foreign state actors and narcotics businesses, sounds about right as this is is what crypto is good for. https://www.justice.gov/usao-nj/pr/united-states-seized-and-files-forfeiture-action-recover-over-54-million-cryptocurrency https://www.justice.gov/usao-nj/pr/united-states-seized-and-...
- everfree 3y ago
  Do you think it would continue or not? Your comments seem to hold conflicting points.
  - colesantiago 3y ago
    We both know that crypto is only used for and that the main use case is criminal activities, so it's only right that the whole thing should be shut down by law. It's already impossible for crypto to become part of the current financial system so the only way to stop this scourge is to make crypto illegal starting with the exchanges down to the blockchains. Blockchains have absolutely no use case at all.
    - WrongAssumption 3y ago
      You seem to be confusing would with should?
      - colesantiago 3y ago
        You're right, it must be shut down by law. That should be much better.
    - everfree 3y ago
      You're free to hold whatever opinions you want, but I don't see how they're relevant to this conversation. It's not productive to spread falsehoods about how blockchains are hosted.
      - colesantiago 3y ago
        I don't see any sources for any of your claims so I've completely ignored it as you have no hard sources.
        everfree 3y ago
        Okay, then it should be just as fair for everyone to ignore your claim that Ethereum runs "solely on AWS".
        colesantiago 3y ago
        No, since there are clearly cited sources on the centrality of Ethereum on AWS and everyone from Vitalik and others knows it. https://cointelegraph.com/news/3-cloud-providers-accounting-for-over-two-thirds-of-ethereum-nodes-data https://cointelegraph.com/news/3-cloud-providers-accounting-... https://www.coindesk.com/business/2022/10/12/morgan-stanley-says-crypto-ecosystem-is-becoming-less-decentralized/amp/ https://www.coindesk.com/business/2022/10/12/morgan-stanley-...
        everfree 3y ago
        Both your sources show that only 30-35% of nodes run on AWS. They seem to support my point that Ethereum would continue running during an AWS outage, not your point that Ethereum runs "solely" on AWS. Furthermore, the cointelegraph article misquotes a Messari report as if it's discussing the current state of Ethereum as having central points of failure, when it's really discussing a hypothetical upgrade to Ethereum that was never considered nor built. Finally, node percentages don't actually matter in terms of chain uptime. What really matters are staking validator percentages, since they are what determine chain building and finality.

Even Vitalik knows that Ethereum is centralised. > If AWS were shut down, the chain would continue as usual. Continue laundering money for foreign state actors and narcotics businesses, sounds about right as this is is what crypto is good for. https://www.justice.gov/usao-nj/pr/united-states-seized-and-files-forfeiture-action-recover-over-54-million-cryptocurrency https://www.justice.gov/usao-nj/pr/united-states-seized-and-...

everfree 3y ago
Do you think it would continue or not? Your comments seem to hold conflicting points.
- colesantiago 3y ago
  We both know that crypto is only used for and that the main use case is criminal activities, so it's only right that the whole thing should be shut down by law. It's already impossible for crypto to become part of the current financial system so the only way to stop this scourge is to make crypto illegal starting with the exchanges down to the blockchains. Blockchains have absolutely no use case at all.
  - WrongAssumption 3y ago
    You seem to be confusing would with should?
    - colesantiago 3y ago
      You're right, it must be shut down by law. That should be much better.
  - everfree 3y ago
    You're free to hold whatever opinions you want, but I don't see how they're relevant to this conversation. It's not productive to spread falsehoods about how blockchains are hosted.
    - colesantiago 3y ago
      I don't see any sources for any of your claims so I've completely ignored it as you have no hard sources.
      - everfree 3y ago
        Okay, then it should be just as fair for everyone to ignore your claim that Ethereum runs "solely on AWS".
        colesantiago 3y ago
        No, since there are clearly cited sources on the centrality of Ethereum on AWS and everyone from Vitalik and others knows it. https://cointelegraph.com/news/3-cloud-providers-accounting-for-over-two-thirds-of-ethereum-nodes-data https://cointelegraph.com/news/3-cloud-providers-accounting-... https://www.coindesk.com/business/2022/10/12/morgan-stanley-says-crypto-ecosystem-is-becoming-less-decentralized/amp/ https://www.coindesk.com/business/2022/10/12/morgan-stanley-...
        everfree 3y ago
        Both your sources show that only 30-35% of nodes run on AWS. They seem to support my point that Ethereum would continue running during an AWS outage, not your point that Ethereum runs "solely" on AWS. Furthermore, the cointelegraph article misquotes a Messari report as if it's discussing the current state of Ethereum as having central points of failure, when it's really discussing a hypothetical upgrade to Ethereum that was never considered nor built. Finally, node percentages don't actually matter in terms of chain uptime. What really matters are staking validator percentages, since they are what determine chain building and finality.