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Can internet outages really disrupt crypto networks?

Published 11/01/2022, 10:00 AM
Updated 11/01/2022, 11:40 AM
Can internet outages really disrupt crypto networks?

Can internet outages really disrupt crypto networks?

In the wee hours of Oct. 18, several parts of Europe, America and Asia were left without any internet due to several undersea internet cables being “cut,” causing a chain reaction of connectivity problems across the globe. France, Italy and Spain, in particular, were faced with significant outages, with many experts claiming that vandals were to be blamed for the same.

According to Jay Chaudhary, CEO of Zscaler (NASDAQ:ZS) — an American cloud security company — there is no doubt that nefarious third-party agents were to be blamed for the cut cables that resulted in packet data losses as well as latency for various websites and applications, adding that despite their best efforts authorities have been unable to pin down the individuals responsible for the attacks.

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Latest comments

The prevalence of Internet outages has increased over the past years. But we don’t need to worry about it because we can authenticate crypto transactions from other active nodes.
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