My question is essentially the title – Does Amazon web outage prove the need and essential utility of projects like Dfinity’s Internet Computer or iExec RLC?
If you Google for websites about ICP you will find information vouching for ICP like “The Internet as we know it today is made up of proprietary ecosystems, which are in the hands of large corporations. These include hosting services, servers, security and websites like eBay and Amazon which control all the data currently on their networks. The Internet Computer wants to disrupt that. Using the Internet Computer, developers could create websites, enterprise IT systems and internet services by installing their code directly on the public internet without the need for separate agreements with servers and commercial cloud services like AWS or Microsoft’s Cloud.”
Similarly, if you search iExec, you will find things like “iExec is a platform for decentralized cloud computing, so think IBM or Microsoft cloud services but broken up into multiple nodes for off-chain computing of blockchain applications. It’s a similar concept to Golem (supercomputing) and Siacoin (cloud storage), except it’s using cloud services for processing power. Its target audience is the blockchain realm itself and its budding ecosystem of DApps.”
Both of these projects seem to speak directly to the issue with centralized web service providers like Amazon web services. Am I misunderstanding this relationship? ICP got a lot of hate because of its price drop on listing due to earlier investors taking profits, but both projects seem to target this issue. ICP has a massive fund to encourage development and is backed by big investors like Andreessen Horowitz (a16z) and Polychain Capital. Set the hate aside over ICPs initial price drop, doesn’t this Amazon web failure prove its utility and potential value?