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Paolo Ardoino Highlights Centralization Risks in Modern Web Infrastructure | Flash News Detail | Blockchain.News
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7/19/2024 10:16:57 AM

Paolo Ardoino Highlights Centralization Risks in Modern Web Infrastructure

Paolo Ardoino Highlights Centralization Risks in Modern Web Infrastructure

According to Paolo Ardoino, the web originally started as a decentralized, point-to-point network. However, it has become highly centralized around the services of three major companies. Any connectivity or stability issues within these companies' infrastructures could have significant impacts on entire nations, cities, communities, and businesses. This centralization poses a risk to the stability and reliability of the internet.

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Paolo Ardoino

@paoloardoino

Paolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,