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A faster Poloniex, by the numbers

Blog post from Circle

Post Details
Company
Date Published
Author
Team Circle
Word Count
583
Company Posts That Month
7
Language
English
Hacker News Points
-
Post removed?
No
Summary

Poloniex, a cryptocurrency exchange platform owned by Circle, has significantly enhanced its infrastructure, resulting in substantial improvements in the speed and efficiency of transactions. The recent systems upgrade has led to deposits and withdrawals being processed up to five times faster and trade executions up to ten times faster, with latency reduced from 2500 ms to 225 ms per order. This upgrade not only improves the user experience by enabling quicker market opportunities and order cancellations but also lays a robust foundation for future enhancements and scalability within the evolving crypto ecosystem. Poloniex's progress marks a major milestone since its acquisition by Circle, highlighting efforts to stabilize the platform, reduce customer support issues, and introduce new features and projects, including being a pioneer in supporting various cryptocurrency initiatives. The exchange's commitment to becoming a premier destination for crypto traders is underscored by the simplified fee structure and ongoing developments aimed at broadening economic opportunity and prosperity globally.

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