Hello Tradelize,
How will you solve the lag between the time the trading information get pushed to the blockchain and the users tries to copy the traders based on this model?
How will you solve the lag between the time the trading information get pushed to the blockchain and the users tries to copy the traders based on this model?
Hello! As soon as the trader places order, encrypted information lands on the Tradelize server. Copycatting of traders actions is going on our servers. And then orders sent through a secure channel to the exchange where the transactions takes place. The main advantage of this architecture is that it allows the queries to be processed at extremely high speed.
Could your server be compromised and orders be altered to the disadvantage of traders? Could that cause a loss in funds in theory?
Data stored in this database is partially encrypted while being transmitted within the system upon the internal request. In addition, HTTPS is used as a measure to prevent host spoofing and traffic surveillance while this data is being transmitting between servers within the system.
If the monitoring system detects an attack attempt, the database containing critically important data is blocked for 24 hours for any reading and recording, which makes it inaccessible to servers.
In summary: it is theoretically possible to compromise your servers as it is possible to compromise those of other exchanges correct? I just wanted to understand how centralized you actually are.
