An exchange with 80% of the volume, that can only handle a pathetic 35 trades per second before lagging out means you can just "DDOS" it from the comfort of your desktop, without having to go to all the trouble of paying for a botnet or performing a real DDOS attack.
With $60,000 worth of servers you can easily build a backend that can handle 1000+ trades per second. MtGox makes that much money every day. My pa always taught me to "never assume conspiracy where incompetence would give the same result"
With $60,000 worth of servers you can easily build a backend that can handle 1000+ trades per second. MtGox makes that much money every day. My pa always taught me to "never assume conspiracy where incompetence would give the same result"
Exactly what I think is happening, and shows the greed involved when the largest BTC exchange grows too fast and without really showing they care. Easily a good time for others to step in with some capital and dominate the exchange market. More security, more compute power is all you need!
