Sunday 17 December 2017

Bitcoin Can’t Stop Breaking Things


When bitcoin futures trading went live on Sunday night, there were sniggers from the cryptocurrency community after Cboe’s website was instantly knocked offline. “Welcome to bitcoin,” went the refrain. Disruption of service is all part of daily life at several of the web’s largest bitcoin exchanges. In the last 24 hours, Coinbase and Bitfinex have both reported problems, transaction fees have reached record highs, and Ledger has also been overwhelmed. Bitcoin just can’t stop breaking things.

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