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April 12, 2013, 10:42:52 AM |
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Hi all,
You may have noticed our systems kicking into high safety mode over the last 48 hours as market price, exchange, and Bitcoin network instability steadily increased and started to disrupt our ability to process transactions. All systems are now operating normally, with some significant changes made on our backend.
We've adjusted the internal pricing algorithms we use to account for multiple exchanges failing and/or having extreme discrepencies, and market prices completely failing. I myself started to make some updates to our Bitcoin network backbone for processing transactions in order to have a higher degree of availability in circumstances like the recent forking event.
We've also got a heck of a lot of server horsepower inbound which should be going online this coming week, in order to handle the increased load that we've been under during the last couple of months. I've also been hiring and training more staff, so everyone will be able to achieve a much greater level of customer support interaction soon as well as faster shipping times.
Thanks very much to all of you for your continued patience and support over the past few weeks as both Coinabul and Bitcoin continue to grow to new heights.
-Jay
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