Upbit and Bithumb submitted server expansion plans after undergoing inspections by the South Korean government

2025-01-20 10:06:57

Collection

ChainCatcher news, according to a report by Yonhap Infomax, to prevent the recurrence of trading connection delays caused by computer system failures experienced by various cryptocurrency exchanges in South Korea after the country declared a state of emergency on December 3 last year, the operators of South Korean cryptocurrency exchange Upbit, Dunamu, as well as Bithumb and Coinone, submitted response plans to the Financial Supervisory Service (FSS) last month.

One key measure in these plans is the addition of a special clause in the contract with Amazon Web Services (AWS). This clause allows for the temporary increase of server capacity when AWS cloud traffic exceeds preset limits, ensuring temporary expansion of server capacity during high traffic periods to avoid similar system failures.

(Source Link)

Related tags

Upbit Bithumb server expansion plan

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.