Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN][EXCHANGE] Poloniex - Crypto Exchange with BTC/NXT
by
busoni
on 02/03/2014, 22:57:32 UTC
Hi everyone,

First of all, about recent load issues. I designed the software with expandability and potential for load balancing in mind--it is not hard to spread the database across multiple servers. I didn't expect to have to do it so soon, though, and I expected a little more warning--Poloniex is growing at an insane rate. That's why there have been these periods where things get overwhelmed. Everything looks fine, then all of a sudden there is a sustained 3x boost in traffic.

I'm going to be adding more servers this week, and I will try to keep a much larger margin to allow for sudden massive increases in activity.

The forced login to view the exchange page was a temporary measure to control the load. Things are now back to the way they were.

One more thing--about security. Very few Poloniex accounts have been hacked--less than five, I think--but I still think reminders like this don't hurt. I know long, random passwords are inconvenient. I know 2FA is inconvenient. But you really have to take the things that everyone says about basic security seriously. NEVER use the same password on an exchange that you use ANYWHERE else, especially on a smaller, unproven exchange. Use a password generator to get a 40+ character random password, then log in with a password manager like 1password. (And back up your keychain!)

But that isn't all. Remember that no matter how strong your password is, anyone who hacks your email account can change it--UNLESS YOU USE 2FA.

This is money we're talking about, which means people will always be trying to steal it. Unless you know you can afford to lose what you have on account, use a strong password and 2FA!