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This is what MtGox should of done over 6 months ago: - Given $100k or however much it costs to 1-2 top quality devs to write a new exchange from the ground up.
by TomGullen 13y ago
This is what MtGox should of done over 6 months ago:
- Given $100k or however much it costs to 1-2 top quality devs to write a new exchange from the ground up. Very basic functionality, focus on efficiency and reliability.
- Take MtGox.com offline for a few hours
- Port all user accounts over to the new system
- Launch MtGox v2.
It blows my mind the total level of incompetence, wasted opportunity and lack of common sense MtGox have shown. Literally sitting on a money making factory and they didn't get their shit together for such a long period of time.
They do not deserve all the forgivness the market gives them, they are past the stage of a "bad apple" now and need to die for Bitcoin to move forwards.