Facebook, Instagram and WhatsApp Websites Go Down While Bitcoin Remains Running Non-Stop
Facebook and its other platforms, Instagram and Whatsapp, have been down for a few hours after failures with the company’s servers. There have been more than 9,000 individuals affected by this issue according to a recent report released by Business Insider. Most of the affected people were in Europe and Asia.
Facebook Falls And Bitcoin Remains Active
This is not the first time that the social media giant operates down. There have been many occasions in which Facebook faced issues with its servers and users have been affected.
Facebook explained that they have resolved the issues and the systems are recovering after the problems.
Yesterday, as a result of a server configuration change, many people had trouble accessing our apps and services. We've now resolved the issues and our systems are recovering. We’re very sorry for the inconvenience and appreciate everyone’s patience.
— Facebook (@facebook) March 14, 2019
This happened due to the fact that the firm works with centralized servers that have a deep effect on all the network. Meanwhile, there are other firms such as Visa that have also been affected by these issues with the servers. Visa’s case left many individuals and firms without access to their funds for a long period of time.
Nonetheless, Bitcoin (BTC), a decentralized network, has been operating 99.98% of the time. This shows that, in some cases, decentralization is preferable. Even if there are hundreds of nodes that decide to disconnect themselves from the network, Bitcoin would still be operative.
This also raises some questions about what would happen with Facebook Coin if the firm finally decides to release a digital asset to the market. There have been several reports that Facebook could launch a virtual currency to use in the Indian remittance market. This would allow individuals to make small transactions between WhatsApp users. In the future, the virtual currency could be eventually added to the other two networks, Instagram and also Facebook.
If Facebook’s servers are down or not operative, how would users be able to transact funds if they will not have service? There is no answer about that and there is no official project about this possible virtual currency.