Different exchanges appear to have different views on what could be an appropriate fix for the downtime problem. Bitfinex has recently issued a press release boasting its own performance in 2020, stating that it’s had no major incidents of downtime so far this year. The exchange points to its “obsessive interest in technical improvement” as being the reason why it has managed to achieve this.
Other exchange leaders seem to agree unanimously that the focus should be on the technology above all else. Edgerton explained that bitFlyer was built in Japan by specialists from Goldman Sachs and undergoes continual rigorous performance testing. On the matter, Catherine Coley, the CEO of Binance.US, pointed out to Cointelegraph that:
“Our infrastructure is built to regularly handle over $10 billion of daily trading activity. We have capacity for much larger volumes before our systems would become stressed.”
Read the full article on Cointelegraph:
https://cointelegraph.com/news/blackout-cure-needed-btc-price-volatility-challenges-crypto-exchanges