Where Main Street Meets Wall Street

Likes out: Facebook blackout sparks ideas for Web 3.0 By Cointelegraph

8




Facebook’s conglomerate of social applications, including Instagram, WhatsApp, Messenger, and its virtual reality headset Oculus, all suffered a major power outage on Monday, switching the platforms offline for a total of six hours to the effect of billions of users and businesses across the world.

The incident was first reported at approximately 3:16 pm UTC on Monday when a surge of complaints emerged from users worldwide claiming that they were unable to access their favorite social networking platforms.

Dorsey’s decentralization dream

The Achilles’ heel of social giants