DeFi's "adorable" cognitive dissonance — Uniswap runs on Amazon and Cloudflare
Enter Decentralized Cloud & Unstoppable Web with Akash Network & Deeper - DeFi Conference Day 1 (Dcentral Con)
“The cognitive dissonance we have in crypto, especially DeFi, is adorable… Look at the Uniswap architecture: you have smart contracts running on Ethereum, the indexer running on Graph — where are these [Graph] servers running? Amazon. The JavaScript application — where is this running? Amazon. The DNS — probably Amazon or probably Cloudflare. You’re not decentralized — just own it… Unless three-fourths of your infrastructure is decentralized, you’re not DeFi.” — 00:18:29
Context: Asked how cloud/web3 powers DeFi; he wonders why Uniswap isn’t on Handshake DNS and why Graph nodes and UIs aren’t on Akash/Sia/Skynet. Refrain at [00:23:27]: “Open finance needs open cloud… being on Amazon, being on Cloudflare, you’re not decentralized — prove me wrong.”