thinzman

Are Bitcoin Exchanges Up to the Task

BITSTAMP:XRPUSD   Ripple / Dollar
With the very recent spikes up and subsequent cliffs downward, it would be interesting to understand what underlying technologies the exchanges themselves are using because they don't seem to handle the volumes related to Cryptocurrency trading. I've read posts and heard stories where funds were either locked into a trade and serious funds were lost due to the exchange completely blowing up. Are the exchanges themselves running on a bitcoin             blockchain, and could they use an upgrade to a better blockchain tech that allows for faster processing. I believe we'll start to see an evolution in exchange offerings...a war if you will, that will separately old tech with new that doesn't have the same hiccups as the current system. In the end, people just want to make a trade...whether it be for profit or a stop loss execution to save the portfolio, and don't want their money tied up. Hopefully the existing exchanges will step up and provide competitive solutions or fall by the wayside to newer, more competent operations.
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