[Scaling is hard] Binance temporary closing new user registration.

Hi all, cryptosludge here.

Well, looks like Binance are victims of their own success.

Last couple days the site had some downtime and been slower then usual, so it seems they also can't handle the crypto FOMO.

I remember how people said that they are moving from bittrex to binance because bittrex sucked , well guess what...

This kinda reminds me, the whole bitcoin FUD people are spreading on how other coins don't have bitcoin's scalability problems.

Off course they don't, they don't handle the same "scale" so they don't suffer the same problems, but move the amount of value, users , transactions, attacks and spam to any other coin, and see it crumble...

I wish i believed decentralized exchanges could save us, but unfortunately if centralized solutions can't handle this load, i doubt we see a decentralized solution competing with this any time soon....

my 2 cents

Cryptosludge.