Cloudflare, a major company responsible for running an array of functions for websites across the internet, suffered downtime on July 17, affecting a large number of websites' functionality. The downtime ultimately caused a drop in Bitcoin (BTC) transactions. "The Cloudflare DNS [Domain Name System] outage can be seen reflected in the rate of Bitcoin transactions broadcast, presumably because popular web wallets became inaccessible," Bitcoin engineer and expert, Jameson Lopp, said in a July 17 tweet. Lopp's tweet included a chart showing a noticeable drop in Bitcoin's transactions per second. Cloudflare went down Cloudflare posted a note on its website at …
On Sept. 17, a vital United States-based content delivery network (CDN) CloudFlare introduced a new decentralized content gateway via InterPlanetary File System (IPFS), a peer-to-peer (p2p) network run by thousands of computers bypassing the conventional HTTP system. Here’s how it supposed to work and why CloudFlare decided to support such a project. What is CloudFlare? CloudFlare is a company that provides content delivery network (CDN) services and DDoS protection. Basically, CloudFlare plays the role of an intermediary between the website and the visitor. It defends the website by filtering out suspicious requests and speeds up its overall performance via its …
The Open Network (TON) Foundation is the latest cryptocurrency company to upgrade its ecosystem with Ethereum Name Service (ENS)-like domain names. The TON Foundation on Thursday announced the launch of TON DNS, a new service that allows users to assign human-readable names to crypto wallets, smart contracts and websites. Similar to other popular crypto-related domain names like “.eth” or “.crypto” the domain zone for TON DNS is “.ton” and will enable users to access decentralized applications in a simple way. With TON DNS, users will be able to use simple and short domain names instead of typing in a long …
Interoperability protocol Celer Network (CELR) has asked its users to revoke the approval for several contracts after shutting down its cBridge over a suspected DNS hijacking. According to the project's initial analysis, there was some suspicious DNS activity at around 7 PM (UTC) on Aug. 17. However, the platform is still trying to investigate and know more about the issue at the time of writing. Meanwhile, as the platform continues to pinpoint the problem, the team has shut down the cBridge as an initial way to avoid any more mishaps and protect their users. In addition to shutting down the …
A particular topic of interest in the blockchain space is the emergence of blockchain-related projects in the domain name system (DNS) and domain ecosystem. Handshake, in particular, has been gaining attention among decentralized technology enthusiasts for its potential to revolutionize how people think about and interact with domains, especially in the context of Web3. What is a handshake (HNS) domain? Handshake (HNS) is a decentralized, permissionless naming protocol that allows for peer-to-peer communication and provides an accessible alternative to centrally managed domain names, such as .com, country-code domains and other generic domains. As a decentralized peer-to-peer domain naming protocol, Handshake …