Hedera (HBAR) demonstrated notable resilience during the October 20 Amazon Web Services (AWS) outage, maintaining full operational capacity while Ethereum and other networks experienced disruptions. This performance is attributed to Hedera's decentralized hosting and its Asynchronous Byzantine Fault Tolerance (ABFT) security model, which contrasts with Ethereum's reliance on centralized services, with 27.5% of its hosting on AWS.
The incident has highlighted Hedera's appeal to enterprises, particularly due to its distributed validator network and low transaction fees. Institutional interest is growing, evidenced by HBAR's inclusion in six U.S. ETF filings, indicating its potential as a reliable and scalable blockchain infrastructure for businesses.
Hedera (HBAR) Gains Enterprise Interest Amid AWS Outage
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