are you planning to actually HOST the servers in shanghai as well?
which channels will you support for cny <=> btc at launch?
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fyi - btcchina is back up and it looks like the downtime was caused due to a switch over to cloudflare for ddos protection; their ip is now being sourced out of europe -- things are looking up for them
Hosting overseas. We're using blockchain.info for hosting bitcoind -- we believe it is the most secure way as it means attackers can't do anything with the server even if it gets owned. Using a scaleable solution with load balancing. Over the past few months we have tested a few hosting strategies; this is the best.
Alipay, Tenpay & OKPay at the start; but we will have controls in place to prevent direct CNY -> USD transfer to comply with the law (e.g. if you put CNY in using Alipay, you can't get USD out using OKPay).
Two-factor authentication for login, + additional un-keyloggable trade PIN (hashed and stored in separate database) for trading & withdrawals.
This should be the last week before we open up -- we don't want to launch too soon.
Will save the rest for a thread where I'm allowed to post this stuff.
On BTCChina, they keeping switching to/from cloudflare -- they were on it last month. Unfortunately cloudflare performance can be horrible in China, so they tend to switch back. DDoS suck for all of us.