Gate.io experiences slowdown in deposits and withdrawals due to node maintenance

Customers of the crypto trade Gate.io are going through sluggish deposits and withdrawals on transactions because of a node upkeep from a third-party cloud supplier, according to a Dec. 18 announcement. 

Gate.io stated that transactions are nonetheless being processed and claimed that consumer funds are protected. The corporate said:

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“At this second, we’re monitoring the community connection standing of our cloud service suppliers and can expedite the deposits and withdrawals as quickly because the community connection is restored.”

It’s unclear if the delay in transactions is expounded to OKX’s outage, which was attributable to a {hardware} failure at a Hong Kong knowledge middle of its main infrastructure supplier, Alibaba Cloud. As reported by Cointelegraph, Alibaba’s Cloud server went offline on Dec. 17 and did not get better for over fifteen hours, throughout which customers couldn’t withdraw and deposit funds. 

Whereas OKX buying and selling companies have resumed a number of hours later, whereas Gate.io customers on Twitter are nonetheless experiencing issues with transactions.

Alibaba’s Cloud companies have been interrupted a number of days after the corporate announced it was creating its first Blockchain Node Service. Set for launch within the first quarter of 2023, the service goals to make it simpler for organizations to construct blockchain functions. 

In line with Alibaba, the brand new platform-as-a-service resolution will support builders by lowering operational and upkeep time. The corporate claimed its infrastructure will permit node hosts to actively monitor nodes and robotically swap in case of an outage. “Because it doesn’t require hands-on monitoring or drawback mitigation, builders are free to focus on product growth and thus pace up the tempo of the product roll-out course of.”, Alibaba’s stated.

Alibaba Cloud is the digital expertise spine of Alibaba Group. Earlier this month, Avalanche blockchain partnered with Alibaba Cloud’s Node-as-a-Service initiative, Cointelegraph reported.