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Breaking news: Last night, a global internet outage caused 500 million web pages to crash, yet Binance stood strong against the tide. Why could it withstand the pressure?
Last night’s internet experience was akin to a massive collective disconnection. A major failure occurred at the top CDN giant Cloudflare, resulting in 20% of global internet traffic halting within 180 minutes, with 500 million web pages displaying 500 error messages. Social platforms, AI tools, and foreign game servers were all caught in the wave of downtime. The cryptocurrency sector faced a terrifying moment: many exchanges experienced trading interruptions, frozen screens, and wallets becoming inaccessible during the collective network failure, leaving users watching market fluctuations without being able to act, causing panic on social media.
Amid the panic of the entire industry over the outage, Binance emerged as a stabilizer that defied the odds. While other exchanges struggled to load pages and saw order submissions fail, Binance's spot and futures matching engines continued to operate smoothly, with API trading functions responding normally. Even during the most volatile market periods, the forced liquidation ratio remained low, and this counter-cyclical action set the cryptocurrency sector ablaze. Some users shared screenshots of logging into multiple exchanges, showing red warnings of connection failures on one side while Binance's real-time candlestick chart was alive on the other, humorously dubbing it a real-life version of “while others collapse, I stand strong.” Some leveraged traders were relieved, expressing gratitude that Binance's stable operations helped them avoid the tragic liquidation caused by being locked out due to the outage.
This incident also exposed deep-seated contradictions within the cryptocurrency sector, claiming to be decentralized, yet 37% of Ethereum nodes are hosted on AWS. Most platforms rely on a single cloud service provider, so when Amazon sneezes, half of the crypto sector catches a cold. Binance's ability to withstand the impact lies in its avoidance of single-point dependency traps. It employs a distributed structure across multiple service providers, ensuring that even if some network channels are interrupted, backup nodes can maintain a smooth trading pathway.
This global internet outage acted as a mirror, revealing the true pressure resistance of the cryptocurrency sector's infrastructure. Was Binance's stable performance amidst adversity a stroke of luck or a result of technical accumulation? Did you experience the terrifying outage last night? If you had positions at that time, would you trust the platform that withstood the test more, or adhere to the original intent of decentralization? Feel free to share your experiences and thoughts in the comments! #加密市场回调