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

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 byBusiness Insider,there were more than 9,000 people complaining about the issues and it was felt mostly across Asia and Europe.

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

Were sorry for any inconvenience.

Not The First Time and Not The Only One

Its 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. Weve now resolved the issues and our systems are recovering. Were very sorry for the inconvenience and appreciate everyones patience.

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

Bitcoinistreported 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 cant go without mention that Bitcoins 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.

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 Facebooks March outage it was a server configuration change. Bitcoins 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 Facebooks outage? Dont 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.

15.04.2019 / 18:20 44
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